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Quotes
"Hospital's critical success factors are beginning to shift, albeit slowly, toward cost and quality performance benchmarked to national standards". - T Tesch and A Levy, Measuring Service Line Success, HFMA Magazine, July 2008

Featured Customer
Mercy Ascot Hospital
"We use IntelliMax to assist us in reviewing our prices including our contracts with Insurance companies and also to have a better understanding of the costs of our products and services."
Robert Taylor, CFO, Mercy-Ascot Hospitals, Auckland, New Zealand
Mercy Ascot Hospital Logo
Brochures
Title: Intellimax Brochure (1,017.32 KB)      - Click here to download
Intellimax Brochure
Title: ValuMax Brochure (1.04 MB)      - Click here to download
ValuMax brochure - 4 page
Title: Strategic Cost Management (1.16 MB)      - Click here to download
ValuMax Strategic Cost Management brochure
Cortell Health Articles
Title: Guide to implementing Patient Level Information and Costing Systems (PLICS) Updated - May 2009 (122.75 KB)      - Click here to download
Guide to implementing Patient Level Information and Costing Systems (PLICS) Updated - May 2009
Title: 10 Tips for survival under MS-DRGs (814.80 KB)      - Click here to download
    by: Ernest Glad
By viewing MS-DRGs as an opportunity rather than a threat, hospitals can employ techniques the help their organizations succeed under the new science of cost intelligence
Title: Is your Hospital suffering from Capacity Disease? (57.38 KB)      - Click here to download
    by: Ernest Glad
Capacity disease is the non-utilization of capacity and a lot of hospitals may be ill with the “excess capacity” disease. This disease without proper treatment may cause suffering, maybe terminal and will be a continuous burden.
Title: Mitigating Risk with Price Transparency (33.04 KB)      - Click here to download
    by: Karl Kimball
Health care historically never thought of itself as an industry. However, the pressures that traditional U.S. health care providers are feeling is industrial in nature i.e., competition, quality of service, price competition, and consumer (patient) value.
Related Articles
Title: NZ Blood Case Study (280.81 KB)      - Click here to download
Blood Bank breaks even with TM1 and ValuMax.
The TM1 business intelligence solution implemented by Cortell
is helping the New Zealand Blood Service meet its targets.
Title: Bedside Quality and Bottom-Line Results (40.00 KB)      - Click here to download
    by: Sarah Fister Gale
Teams of physician, nurse, and finance leaders explain how collaboration can improve quality, control cost, and promote community trust.
Title: Cost, Not Coverage, Drive Health-Care Debate (46.50 KB)      - Click here to download
Cost, Not Coverage, Drive Health-Care Debate
Title: Raising Cost Awareness among Physicians (930.17 KB)      - Click here to download
Raising Cost Awareness among Physicians - Leadership, Spring 2013
Title: The Folly of Using RCC and RVUs for product costing (358.00 KB)      - Click here to download
    by: David W. Young
A hospital that does not have an activity-based costing system could be putting its financial viability at considerable risk.
Title: Waste in the US Healthcare system pegged at $700 billion in report form Thomson Reuters (14.09 KB)      - Click here to download
Waste in the US Healthcare system pegged at $700 billion in report form Thomson Reuters
Others
Title: Cost-outcomes focus essential for ACO success (2.99 MB)      - Click here to download
Cost-outcomes focus essential for ACO success, Harry Greenspun and William Bercik,  HFMA Magazine, Feb 2013
Title: Survey on Healthcare costs expected to increase by 10% next year (14.18 KB)      - Click here to download
Survey on Healthcare costs expected to increase by 10% next year
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