Financial Performance and Productivity
Clinical Performance Analytic
Financial Performance and Productivity
Clinical Performance Analytic
A system that provides a complete financial picture by each unit of service, predicts budget variances before they occur and aligns demand for the right care to be provided at the right time.
Comprehensive financial analytic programs can be difficult to manage as data are disconnected and insights do not have a consistent definition. Typical solutions usually focus on historical data and do not provide predictive solutions to support decision-making. In reality, most health organizations are swimming in a sea of data that generates few meaningful insights.
HealthPointe can help you move to true business performance by correlating data and insights across your entire organization and providing actionable recommendations that drive business results. We provide a series of consistent and trusted performance dashboards that enables stronger strategic decision-making and drives accountability.
Our Financial Performance and Productivity analytic helps answer many questions including “What is happening within a provider or facilities four walls?” We use state of the art artificial Intelligence (AI) to automatically collect data, align variances, recommend actions and monitor progress in alignment to budgeting and operational performance.
Financial Performance and Productivity Analytic Process
1. Harvest Financial (ERP), Clinical (EMR), Claim, Provider and Roster Data
- Centralize and organize data from across the organization
- Cleanse, standardize, enrich and prepare data for processing
2. Align Organization Budget Targets to Actual Performance
- Deep analytics create a sub-ledger for every unit of service provided across the organization
- Tracks costs, units and hours in alignment to budget projections
3. Continuous Monitoring of Performance Against Budget Targets
- Provide timely heat maps and actionable recommendations to business leaders for accountability
- Center predictions around expected demand and capacity to align budgets
