This white paper explains why healthcare organizations must adopt activity-based costing to accurately understand the true cost of care delivery as the industry shifts toward price transparency and value-based care. It describes how traditional costing methods obscure cost drivers, limiting financial control and performance improvement, while activity-based costing links costs directly to clinical and operational activities. The paper compares traditional and time-driven activity-based costing, noting that time-driven models reduce complexity by using time as the primary cost driver. It highlights real-world healthcare examples showing improved cost visibility, better resource utilization, and stronger clinical decision-making. The paper concludes that automating activity-based costing thr

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