Cost Manager

Sunrise EPSi™ Cost Manager from Eclipsys helps healthcare organizations create a modern, efficient cost management process to drive profitability and meet cost/quality measures. The Web-based solution permits a distributed costing process that simplifies cost accounting by automating monthly costing, reconciliation and reporting.

Cost Manager uses Boolean logic rules to capture new accounts or job classes, and then automatically processes calculations, prints reconciliation reports and assigns costs to patient data in Sunrise EPSi Product Line Analyst. Analysts are freed from manual data calculation and manipulation so they can focus on analyzing results, promoting more effective problem-solving and decision-making.

The Web-based solution includes:

• The ability to flexibly allocate expenses within overhead centers
• Use of labor distribution data to compartmentalize labor expenses for better cost analysis
• Enterprise-wide re-classes, adjustments and allocations
• Single step-down, multiple apportionment methodologies
• Web-based relative value unit (RVU) worksheets that help define multiple labor, capital and materials RVUs for accurate costing
• Support for numerous costing methods — standard, RVU, ratio of cost to changes (RCC), activity-based, variable charge item, and direct patient costing

Fully integrated with a financial performance powerhouse

Cost Manager shares a single database with all the modules of Sunrise EPSi, providing healthcare organizations with an arsenal of integrated performance management tools that are even more powerful when they work together. Cost Manager works hand in hand with Product Line Analyst, Budget Manager, and the suite’s other advanced performance management modules.

Outcomes leadership from Eclipsys

Discover how Sunrise EPSi can help your healthcare organization more efficiently manage costs to achieve real, measurable financial outcomes. Learn more about our outcomes leadership or contact us today to get more information and schedule a demo with an Eclipsys representative.