With the unfortunate pandemic cancellation in 2020, CostFlex is very excited to announce the 2021 Client User group Conference to be held at the beautiful Island Resort in Fort Walton Beach, Florida.

For More Information, visit https://www.costflex.com/usergroup 

With the mandated Price Transparency deadline of January 2021 fast approaching, does your organization have a solution in place?

The CostFlex Price Transparency offering goes far beyond the “estimation tools” of most vendor offerings available by calculating and reporting the ACTUAL ALLOWED AMOUNTS by payer contract for all shoppable services presented.

For any client that uses the CostFlex Payer Contracts Analyzer, they have the ability to create a FREE machine readable file for their organization. This file can be placed on a client website by their IT team to meet the mandate at no additional charge, or CostFlex can host the file on a shared website for a minimal hosting fee. 

For those unfamiliar with The CostFlex Payer Contracts Analyzer, it allows ALL PAYERS to be 100% AUTOMATED WITH ONE PRODUCT. You will have the ability to automate, report and analyze all payers through one user interface. Even the Medicare Outpatient APC payments are automated and reported through this stand-alone power tool.

For more information, visit https://www.costflex.com/price-transparency/

Currently being offered free of charge for existing clients, the COST-BASED HOSPITAL BENCHMARKING & ANALYTICS, released in 2020, is a unique tool that utilizes the cost accounting and decision support data from participating hospitals from around the country to provide our clients with true cost-based comparisons of the most critical service lines.

The cost data utilized by the CostFlex toolset is considered to be at the highest available level of accuracy as it is pulled directly from the CostFlex Enhanced Activity Based Costing module. Until now, the only known cost benchmarking offerings in the market all utilize very generic “ratio of cost to charge” methods that lack the required data accuracy to make dependable comparisons and management decisions. 

For more information, visit https://www.costflex.com/benchmarking/