Finance

Get a Clear Picture of Your Hospital’s Financial Performance

Is your hospital being accurately compensated for the services it provides? Could you be doing more to recover costs? Are there areas where you can cut costs through more effective scheduling or value-based purchasing? IHA can help you identify opportunities to increase revenues and reduce expenses.

IHA collects data on utilization, reimbursement, costs per day and per stay and personnel compensation on a monthly basis. As a member, you can use this information to identify cost-savings opportunities and to compare your financial performance against peer institutions.

Share utilization and Financial Indicators with Other Indiana Hospitals

Learn more about DATABANK, IHA’s online data collection tool.

Set Financial Benchmarks, Anticipate the Impact of Health Care Reform

See how KEYSTATS can help you track financial metrics that can help you make better decisions about budgets, staffing, resource utilization, purchasing and reimbursement.