Lighthouse users can now integrate expense data from multiple accounting systems, giving them a way to consolidate monthly profit and loss statements. Case costing reports can also help managers access data on how provider expenses compare, whether a facility covers its monthly business costs, and if contracted rates cover its costs.
Once a facility’s expenses are entered into Lighthouse, the system will store this information and use it to generate powerful analytics. This data helps managers gain insight into the cases that are losing revenue, and allows them to make adjustments as needed to maximize earning potential.
“We took over a year’s worth of feedback from our users and created an easy way for them to apply case costing to their data,” said Michael Cipoletti, director of client services at LaClaro. “You can now track your facility’s average case cost and total monthly expenses on a single page or drill down into more granular detail by payor, provider or case.”
Learn more about LaClaro.
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