CostFlex Systems, Inc.

Phishing emails have been the largest threat to hacks within healthcare organizations. Despite training, employees have been clicking on links. Adding protocols in place such as multifactor authentication across the entire organization is important for security. Dr. Chaudry of Seattle Children’s Hospital explained that just because you’re a doctor you don’t get an exemption. Security is for everyone. #CostFlex #hospitaldecisionsupport #costaccounting Cybersecurity is important for CostFlex as a vendor. We appreciate the trust our clients have in us and will continue to offer our software on-premises along with cloud services. costflex.com https://lnkd.in/eavDXEi4

CostFlex makes hosting cost accounting data safe and flexible for hospitals! Our services keep patient information secure, all while making it easy to access what you need. With customizable plans and dedicated support, we help healthcare facilities work better while protecting sensitive data. #costflex #healthcareleadership #costaccounting #hospitals https://lnkd.in/gPb8sxNZ

It was announced October 22, 2024, that by 2025 Walmart plans on offering pharmacy delivery along with grocery delivery among their 4,600 stores with pharmacies. Walmart has already tested the delivery in six states and is a response to customers requesting the convenience of prescription deliveries along with groceries. #CostFlex #costaccounting #hospitaldecisionsupport Will your hospital’s pharmacy be affected? Are you managing your costs? www.CostFlex.com https://lnkd.in/gwauztMj

The latest message on healthcare disruptors is that although several companies are closing or scaling back operations including CVS Health, Walmart Virtual Care services and Walgreens Village MD clinics a couple have the resources to recover. Walmart has a history of experimenting with proof-of-concept and like Walgreens the companies have the revenue and physical footprints to continue in the healthcare market. #CostFlex #costaccounting #hospitaldecisionsupport Do you know where your hospital is making and losing money? CostFlex offers financial decision support software for all healthcare provider types. www.CostFlex.com https://lnkd.in/gaZeA4vH https://lnkd.in/gagf_BcF

Hospitals have been impacted by Hurricane Helene after Baxter’s plant in North Carolina had their operations disrupted. Baxter’s supplies IV fluid and they are working with federal officials to regain full capacity by the end of the year. Some hospitals are rescheduling elective procedures due to the shortage. #CostFlex #hospitaldecisionsupport #costaccounting CostFlex offers a total cost accounting software suite including extensive service line analytics. Let us know if we can help. www.CostFlex.com https://lnkd.in/g-iNrPxa https://lnkd.in/eatx_Bfg

The U.S. Department of Health and Human Services has healthcare specific cybersecurity resources available. CMS also has resources available. The focus is that cyber safety is patient safety. #CostFlex #hospitaldecisionsupport #costaccounting CostFlex offers on-site as well as cloud-based hospital decision support software. www.CostFlex.com https://hhscyber.hhs.gov/

Some of the five trends that Definitive is watching are: 1) artificial intelligence & the role in predicting analytics & helping with cybersecurity 2) life science companies and D2C strategies for medicines like GLP-1s 3) Mental health clinics in the urgent cares 4) non-opioid therapies and 5) medical cost growth reaching highest level in 13 years. Costs are due to rising supplies and labor. Healthcare will need cost management strategies. #CostFlex #hospitaldecisionsupport #costaccounting Let us know if we can help with your decision support software needs at www.CostFlex.com https://lnkd.in/g9pQ4qFh

September saw a decrease in travel nurse pay according to data from Vivian, a healthcare career marketplace. The decrease is .24 percent since August and down 4.58 percent from last September. #CostFlex #hospitaldecisionsupport #costaccounting On average labor is 60 cents per every dollar of costs. Let us know if you need help with cost accounting software. We offer on-site decision support services. www.CostFlex.com https://lnkd.in/gQFyMscP

America’s Cybersecurity and Infrastructure Security Agency has declared October to be Cybersecurity awareness month. There are free resources available to rural and community hospitals along with free webinars starting tomorrow October 2, 2024. Make sure to review the 4 tips from the Agency to enhance your cybersecurity measures. #CostFlex #hospitaldecisionsupport #costaccounting www.CostFlex.com https://lnkd.in/eU_sZX28

Walmart is retreating from open health clinics due to disappointing results. Walgreen’s is also planning on closing its VillageMD primary care clinics in 160 locations due to Medicare reimbursement. The retailers see the health care delivery as unprofitable, and the AMA is pushing for Medicare reform citing unsustainability for the physicians. #CostFlex #hospitaldecisionsupport #costaccounting Make sure you are reimbursed properly. CostFlex’s Payer Contract Analyzer automates 100% of all reimbursement contracts (including government). https://lnkd.in/de3-ZiCR https://lnkd.in/g_hNiC6W