COSTFLEX APRIL 2021 NEWSLETTER
SPRING HAS ARRIVED!
We welcome Spring 2021 with high hopes for the coming year!

The year, 2020, truly changed the face of business as we all knew it, but we are excited to share that many CostFlex client organizations have worked to find ways to safely return to a semblance of normalcy.

More in-person engagements have been scheduled for our team for cost accounting studies, payer contract analysis projects, charge error prevention audit creations and more – and we are so very happy to see your smiling faces in person again.

We have remained on call to help all clients in need and please do not hesitate to call us to find out how we have adapted to the pandemic in terms of continuing a SAFE 5-star support effort here at CostFlex Systems! 
2021 USER GROUP WEBINAR SERIES
Pensacola Beach FL
Even as we will miss the friendship and peer networking this month that is associated with the decades of annual client meetings at the beach, the CostFlex 2021 User Group Webinar has really started gaining momentum!

If you have not registered to join us April 26th to 30th yet, there is still some time. We have extended the deadline to April 9th allowing for last minute registrations.

We only have a set registration cutoff date so that the CostFlex Staff can deliver conference materials and truly tailor this event for the maximum benefit of yourself and the other registered attendees.

If you are having trouble with approvals or need additional time for any reason, please contact us so that we can create a complimentary hold for you or find a work around to accommodate you another way.
 
Click below to get registered today!
PRODUCT SPOTLIGHT: SUPPLEMENTAL WORKLOAD
From client requests, the Supplemental Workload has been enhanced by our professional staff to really speed things up for those that are utilizing this unique CostFlex product feature to improve their data accuracy in cost accounting! If you use this feature now, try the latest code release to see something great become awesome 😊.

For those of you that are not familiar with this product feature, here’s a brief summary. Supplemental Workload was designed to automatically create additional worktasks on patient bills to provide more accurate cost accounting. These worktasks do not exist in a client’s data downloads naturally.

One example of how supplemental workloads are used to improve the overall accuracy of cost accounting is by applying accurate and fair costing of the Admitting Department to patient records. In a typical cost accounting set up, the Admitting Department is usually an overhead cost and spread to all patients. This causes an issue as Inpatients typically get more overhead costs than outpatients, when the reality is that admitting a patient takes about the same amount of time. To fix this issue, many CostFlex clients will create an "Admitting" worktask on all patients and cost the Admitting department directly to patients and not have it as an overhead cost.

If you are interested in learning more, please do not hesitate to contact your CostFlex Support Representative to share a brief Zoom meeting where the feature can be demonstrated and explained in more detail. The best part, this is all included in your standard monthly support with no additional cost!
CostFlex Systems, Inc.| (800) 398-5753 | costflex.com