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Background

Healthcare Decision Systems, Inc. (HDS) is an employee-owned corporation. The Med-Link Cost Accounting System, was developed by McGladrey & Pullen (M&P), then the nation's 10th largest CPA firm. In 1991, the Healthcare Consulting Group of M&P suggested that the product line be made a separate company. The formation of HDS and subsequent sale of Med-Link was accomplished in July 1991.



HDS feels the Med-Link system is particularly attractive for small to medium size facilities because we offer a powerful PC based Cost Accounting and Budgeting package and consulting, without the need for additional personnel, at a very competitive price. HDS also offers the option of adding our Flexible Budgeting and/or Case Mix module(s) as part of the Cost Accounting system implementation, or at any future date convenient for your staff.

Since it was first introduced in 1983, Med-Link has been successfully implemented in a wide range of Healthcare environments. This proven system has been continually enhanced to meet the needs of the changing healthcare industry. By integrating the cost data with your medical records and case mix systems, a number of patient level cost/margin reports can be produced, including DRG analysis, physician summaries, etc. As a result, significant additional value is added to your existing systems. Med-Link addresses the specific needs of the medical community - it is not just an adaptation of another industry cost system. Therefore, the system fits the dynamic healthcare environment.

The system is very flexible. Not only do medical facilities vary widely from one to another, even departments within those facilities vary widely in their cost behavior patterns, availability of information, need for cost analysis, etc. The Med-Link system is adaptable and supports a wide variety of costing approaches, including:

Detailed engineered standards

Multiple relative value units

Ratio of cost to charges

External integration involves being able to communicate
effectively with other systems such as:

General Ledger

Patient Billings

Medical records

Spreadsheets

Data Base Management Tools

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