Case Study: Cape Regional Health Systems achieves faster financial insights and streamlined billing with Altair Knowledge Works

Keeping Finances and Data Healthy with Datawatch’s Advanced Data Management Platform

Cape Regional Health Systems, a community healthcare provider in Cape May County, NJ, relies on an eight-person finance and reimbursement team to track the system’s financial health for residents and more than one million seasonal visitors. As the organization grew, the team struggled to consolidate data from a dozen disparate databases and reports, depending on slow SQL scripts and IT support that could take weeks or months to deliver the executive-level analyses needed for timely decisions.

Cape Regional implemented Altair Monarch (upgraded to the latest version) to automate data extraction, manipulation and reporting without heavy IT involvement. The solution enabled faster, more detailed revenue and patient-level analyses, uncovered and corrected billing errors, saved hours of work daily, and gave executives the timely financial insights needed for negotiations and operational decisions.

Cape Regional Health Systems

Tom Sigmund

Director of Financial Reporting and Reimbursement