Healthcare Activity-Based Costing
Know the exact cost of every medical service you deliver
Lantrasoft's Activity-Based Costing solution calculates precise costs for medical services, procedures, and activities across hospitals, medical laboratories, and multi-site healthcare networks — backed by reporting and analytics that turn cost data into decisions.
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A modern approach to healthcare cost accounting
Lantrasoft's Costing Solution is built on Activity-Based Costing — a modern cost-accounting algorithm grounded in well-understood and widely accepted methodologies. It measures and calculates the exact cost of medical services, procedures, and activities carried out at hospitals, medical laboratories, and similar individual or multi-site healthcare organizations, paired with reporting and analytics that surface qualitative and quantitative insight into the activities behind every service.
- Calculate exact costs for medical services, procedures, and activities
- Roll out consistently across multiple and specific sites
- Account for both direct and indirect costs
- Generate public and private reports through a configurable engine
- Get support from design and customization through day-to-day operations
Solution capabilities
Activity-Based Costing Solution
A modern costing algorithm grounded in well-understood, widely accepted Activity-Based Costing methodologies.
Exact Cost Analysis
Precise cost calculation for medical services, procedures, and activities carried out at your site.
Multi-Site Roll-Out
Deploy the solution to multiple and specific sites — hospitals, medical laboratories, and beyond.
Site Management
Manage costing configuration and operations across individual or multiple healthcare sites.
Reporting and Analytics
Qualitative and quantitative insight into the activities carried out to deliver each service.
Configurable Cost Distribution
Highly configurable cost distribution rules that take both direct and indirect costs into account.
Solution highlights
Direct and Indirect Costs
The costing model takes both direct and indirect costs into account for a complete, accurate picture of service cost.
Report Generation Engine
A public and private report generation engine delivers the right level of detail to the right audience.
Configurable Cost Distribution
Highly configurable cost distribution rules adapt the model to how your organization actually operates.
Full Lifecycle Support
We support every stage of implementation, from design and customization through day-to-day operations and maintenance.
Why teams choose Lantrasoft
Proven methodology
An Activity-Based Costing algorithm built on well-understood, widely accepted accounting methodologies.
End-to-end support
From design and customization to day-to-day operations and maintenance, we're with you at every stage.
Multi-site experience
Rollout experience across hospitals, medical laboratories, and similar individual or multi-site organizations.
Actionable reporting
Configurable public and private reporting turns cost data into qualitative and quantitative insight.