Strategic Reporting
l Benchmark you hospital against 5 others in your market
l ANCILLARY SALARY COST
¡ A hospital can use this chart to gauge generally how efficient these departments are versus other hospitals of similar size.
l NET PATIENT REVENUES PER ADJUSTED DISCHARGE
¡ This chart shows how much each hospital is reimbursed or paid per adjusted discharge. Hospitals with lower NPR likely have room to increase their charges for services rendered.
l Medicare Case Mix Index (CMI) by Major Diagnostic Category (MDC)
¡ This chart compares each hospital's major types of patients against the same population at competitors and the CMI indicates the complexity of patients in each category.
l Medicare CMI Adjusted Cost for each MDC
¡ This chart shows how each hospital's costs compare after adjusting for the complexity of patients treated. Higher costs usually result in losses from the Medicare population as the whole reimbursement system is geared to reimbursement of average cost for hospitals nationwide.
Real-Time Revenue Cycle
l Real-Time Eligibility Determination
l POS Collections, Self-Pay
l Claims Lifecycle Management
¡ Medical Coding, Denials, Rework
¡ Real-Time Remittance
l Payer Mix and Bad Debt Reporting
l A/R Aging Reporting
Clinical Reporting
l Published Outcomes Reporting
l Surgical Procedure Reporting
l Re-Admittance Reporting
l Patient Acuity Reporting
l Scheduling Efficiencies
l Ventilator Bundle Interventions
l Rapid Response to Clinical KPIs
Operational Efficiencies & Cost Control
l Real-Time Staffing Reports
¡ Contract Nursing & Overtime
¡ Real-Time Census vs. Schedule
l Departmental Expense Reporting per Unit
l Physician Office Integrated Scheduling
l Creative Use of Fixed Assets
¡ Web-Based Off Hours Scheduling of CAT scan
l Accts in Med Coding by Age, Amount
Quality Programs & Satisfaction
l Same-Day Patient Results Reporting
l Patient & Employee Satisfaction
l Productivity per employee
l Analyze Medical Errors, Falls, etc.
l Total Supply cost per DRG
l Pharmacy Waste
l Communication between Physicians and Hospital systems and process
l Lab turnaround