Rob DeMichiei, Former EVP & CFO, UPMC; Strategic Advisor, Health Catalyst. In order to make strategic cost-reduction decisions, health systems need to have full visibility into their clinical and service-line costs. Allocations or estimates of cost and large pools of overhead are inaccurate, and these obsolete methods have no credibility with physicians and administrators. Learn how activity-based costing can improve clinical care delivery, reduce variation in care, and highlight excessive resource consumption and duplication of services, in the journey towards value-based care.