#1 for hospital benchmarking data. Improve budgets, inform financial forecasts, and guide strategic operational decisions.
Find huge cost savings opportunities
In the age of value-based care, keeping healthcare costs in line is paramount. Axiom Comparative Analytics has helped healthcare organizations like yours identify over $1 million in cost savings opportunities.
With an array of financial metrics across all areas of your business and departments, compare your financial performance against your peers. Comparative Analytics makes performance improvement and cost conversations easier by giving you the market context you need to ensure a healthy bottom line.
Identify business areas and service lines to develop
Comparative Analytics helps you determine which of your businesses and service lines are cost leaders in the market. Drive patients to these services while you simultaneously develop corrective actions to become leaders in the other services. Model what financial success looks like in new service lines you’re considering for investment.
Discover how your physician practices measure against peers and uncover opportunities
With robust comparison data from 135,000 physicians across 10,000+ practice departments, you can measure performance in a variety of dimensions, including investment and net revenue per physician FTE, practice financials, specialty, and geography to improve productivity. Available data includes provider compensation and productivity by named physician and support staff analysis by named APP so you can align compensation with benchmarks by specialty and region. Take corrective action more quickly and easily set goals using top-performing peers as the target.
Free up time for analysis.
Get a single source for normalizing internal data together with timely peer comparison metrics.