CASE COST FORECASTING
Empower your facility to avoid unprofitable cases and take on cases with financial confidence.
Join 2,000+ ASCs and 75,000+ users who trust HST
The quickest way to calculate case profit margins
Does trying to determine how profitable a case will be ever feel too time-consuming or challenging to figure out?
With HST, surgery centers can automate and simplify case profitability estimations. By looking at their entire case schedule at a glance, ASCs can easily see their profit margin analysis for each case and are empowered to take next steps to improve or avoid unprofitable cases altogether.
Boost Center Profitability
With powerful case profit margin data, minimize unprofitable cases and maximize your center’s profits.
Reduce or Eliminate
If a case will cost you money, avoid it altogether or take proactive next steps such as reducing supply costs.
Empower Leadership with Data
Help your leadership understand case profitability with clear data so they can make an informed decision for their facility.
ASCs Love HST
It takes us seconds to analyze profitability. That part is amazing. It’s empowering the front office staff to be able to make a decision right away and not have to spend days trying to figure out if we should do a case or not.
Let’s say I have an ortho physician that does a knee replacement and profits $1,500. But then I have another ortho physician that does the same knee replacement but profits $2,500. It drives those conversations between the physicians to understand what one is doing that the other may not be. It’s really beneficial to have those conversations.
We had a situation with an implant that we thought was reimbursable, but it turns out it was not. We were manually trying to dig in and see why we were losing money but couldn’t pinpoint it. When we saw HST Profit Forecast with our own data, we were able to click into that physician’s revenue and identify the issue immediately. If we had HST Profit Forecast at that time, we would have identified that problem faster, and it would have saved us $305,000.
Key Capabilities
Profit Margin Calculator
Implant Cost Evaluator
Implant Case Overview
Payor Selection
Vendor Implant Requests
Case Flagging
HST Platforms Integrations
Cost Assumptions
Case Approvals
Case Cost Rules Engine
Full Day Forecast
Procedure Cost Builder
Payor Performance Comparison
Physician Efficiency Tracker
Sampled Cases
Manual Cost Mode
Custom Tags
Easy Case Sharing
Optimize Cost Estimates
Manage Multiple Centers
Historical Payment Data
Profit Margin Filters
Filter Proposed Cases
Flexible Revenue Analysis
Physician Revenue Summary
Case Inbox
Smart Costs
Forecasting Dashboard
Contract-Based Predictions
Simplified Implant Requests
Quick Case Notes
Loss Avoidance Metrics
Daily Case Snapshot
Case Activity Tracker
Hypothetical Case Builder
Automated Cost Syncing
Insurance Verification at a Glance
AI-Powered Module Guidance
Physician Leaderboard
Integrated with your favorite HST solutions
Billing & Inventory
Electronic Charting
Patient Estimates
Scheduling & Care CommunicationNot on HST Yet?
Share schedule data from other ASC practice management systems, including AdvantX, Amkai, SurgiSource, SIS Office, SIS Complete, and NextGen.
Check out our blog post on Case Cost Forecasting
You’ve Got Questions, We’ve Got Answers
Does it work for cases with bundles payments?
Do the forecasts include implant-related revenue?
Does it use CPT codes or the HST procedure codes?
How do cost estimates work and can we use our existing practice management data?
What if we don’t have enough historical revenue data?
How does it work if I don't have HST's billing and inventory solution?
How long does it take for the Profit Margin Calculator to generate an estimate?
Profit estimates are calculated and presented within seconds of adding the case to your schedule using HST’s scheduling and care communication or HST’s billing and inventory solution.
Do I need to have any other HST solutions or additional platforms to access HST's case cost forecasting?
Is HST's case cost forecasting module user-friendly?
Can I access multiple centers from one user account?
Yes, as long as each center’s Administrator gives access.
Can I use HST's case cost forecasting to analyze the profitability of past cases?
No. You can look at past cases and see the profit forecast that was produced before the case; however, forecasts are not updated with what actually happened.
What data does HST require to provide accurate profitability forecasts?
The product uses center-specific payer contracts, historical revenue, and cost data.
Can HST account for variations in supply costs?
Yes. Customers can build rules or use historical cost data to increase the accuracy of supply cost estimates for different cases.
How secure is HST's case cost forecasting? How does it protect patient and case data?
HST has implemented rigorous security measures. HST’s case cost forecasting module runs on the cloud, leveraging the enterprise, HIPAA compliant infrastructure used by other HST solutions.
Does HST offer real-time profitability updates as variables in a case change?
Yes. Changes to patient data and schedule data trigger updates to profit forecasts. In addition, changes to payer contracts and ongoing shifts in historical revenue by case will impact profit forecasts.
On a scale from 1 to 10, how awesome is it?
Probably 11.