Cost as a Service

Cost as a Service Write Up

Quotes from Clients

“We were able to take reporting ideas that we could only conceptualize and make them reality” – CGH

“Our monthly costing maintenance and reconciliation is now a smooth, seamless process” – New Hanover

I have other quotes from cost trainings from clients that weren’t “official” Cost Accounting as a Service clients and can include those if anyone wants them included here.

Report Synopsis

The Physician Specialty Cost Breakout report looks at direct costs per case by charge code type amongst physicians in the same specialty with the option to identify individual diagnoses.  The benefit to this report is the ability to compare physicians against each other by measuring their direct costs in specific charge areas.  It’s a comparison of physicians who are doing the same sort of procedures and accumulating the same type of costs and identifying where some efficiencies might be investigated.

Another useful dashboard is the Evaluation and Management CPT Coding Cost Comparison which was a “personal mission” of a client CFO to bring into their reporting environment.  Evaluation and Management CPT codes are used to determine the type and severity of a patient condition and in this dashboard we segregate these codes and mix in data from the Physician Billing side.  The first part of the dashboard shows basic cost data at the physician specialty level.  When you expand on a specialty (second screen shot of dashboard), you get a comparison of the E&M codes being utilized in that specialty.  The third piece of the dashboard, measures the average direct cost per case for E&M codes per specialty against the average per-unit WRVU for those E&M codes.  This was important for that CFO to see because WRVU’s are populated by CPT on the physician side so there was that one-to-one link (via the CPT code) between the per-unit WRVU and direct cost per case.