PowerHealth OnDemand - What We Do and How

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PowerHealth OnDemand's unprecedented integration with HIS data combined with our proven cost accounting solution delivers accurate results, and timely & proven intelligence for hospital executives & department heads to achieve profitability in the new margin reality. We help our clients achieve:Optimized cost & revenue management across service lines & departmentsReadiness for Healthcare Reform, ACO, and Value-Based Purchasing initiativesManagement success towards Reduction to Medicare/MedicaidPlatform for managing physician profitability and quality of careVisibility to OR management and ED patient throughputOrganizational alignment with consistent metrics across departmentsCompetitive advantage in the delivery of quality patient care

Transcript of PowerHealth OnDemand - What We Do and How

PowerHealth Solutions Proprietary. All Rights Reserved © PowerHealth Solutions 2010

PowerHealth OnDemandThe Business of Healthcare Runs on PowerHealthTM

“PowerHealth OnDemand supports our mission of delivering excellence in quality patient care, and is the future of managing through Healthcare’s Market Reform. Our hospital now has real- time access to detailed performance improvement metrics from our HIS investment so that we can effectively manage our cost, profitability, quality, operations, labor and physician utilization – all from one source.”

Dr. Bill Van Ness - CEO – Community Anderson Hospital

Client Success

PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012

Inability to efficiently access, aggregate, and organize disparate data sources

Industry ChallengesAccess.

Resource limitations:• People / IT / overhead• Budget $$$• Data / knowledge / systems

Overhead.• Reduction in Medicare• Reduction in Medicaid• Value-Based Purchasing• Accountable Care (ACO)• RAC Audits• ARRA/Meaningful Use• Quality Outcomes

Trends.

Complete HealthREADYTM integration and access

•No software•No hardware•No overhead•On Demand secure access for any user and any department - any time!

Ready.Organized and automated data access by department and throughout enterprise!

• Executive Analytics• Finance & Service Line• Cost Accounting• Billing & Revenue • Clinical Operations• Clinical Quality• Labor & Productivity

Performance• Physician Performance

Simple.• Modular - Buy only what you need and when you need it!

•Automated distribution and sharing throughout the enterprise

•Unlimited User Access

Cost Effective.

OnDemand Answers

PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012

Cloud-Ready Access

Turn the raw data & silos... ...into your trusted Answers

GeneralLedger

Patient Accounting

Physician Management

Quality Operating Room

Emergency Room

Nursing & Labor

Materials & Implants

PowerHealth OnDemand Platform

Physicians Performance ManagementRevenues, Cost, Profit/Loss, & Quality of Care

OnDemand IntegrationTM

(Over 600+ Data Elements)

Clinical OperationsPatient Throughput, ED/OR Efficiencies

Financial Performance Management Cost, Revenue, Service Lines, Labor, & Materials

• Logic• Community• Best Practices

Quality Outcomes ManagementQuality Performance, Admissions, & Core

The “Now” Generation

Feature PowerHealth OnDemand Traditional Vendors

Capital Purchase - Software, Hardware, Maintenance NO Yes

IT Resources for Set-up, Integration, & Customization NO Yes

Care and Maintenance NO Yes

Modular Price Strategy YES No

Cost Accounting/Revenue Management YES No

Availability, Distribution, Anywhere Access 24x7 Users/Overhead/$$$

Ready Access 30-60 Days 3-12 Months

OnDemand Performance AnalyticsTM “Dashboards to Details”

7PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012

Dashboards/KPIs

Details & Self-Service Reporting

Dynamic Analysis

HealthREADYTM AnswersModular Solution Approach

OnDemand Statistics

A/R Analysis

Payer Performance

Claims/Denials

Self-Pay Analysis

Collections Analysis

Patient Access

Physician Billing

Bad Debt Analysis

OnDemand Statistics

Service Line Analysis

Cost Management

Revenue Management

Charge Analysis

Utilization Analysis

Payer Mix Analysis

Patient Mix Analysis

Casemix Analysis

Marketing Analytics

OnDemand Statistics

Supply Chain Management

Department Analysis

ED/OR Statistics

ED Throughput Analysis

ED Returns Analysis

Quality Outcomes

OR Management

OR Outcomes

Clinical Operations

Performance

Billing & Revenue

PerformanceFinancial

Performance

OnDemand Statistics

Quality Performance

CORE Measures

OPPE/FPPE

ReadmissionsAnalysis

Patient Safety

Patient Satisfaction

Casemix Analysis

Benchmark Analysis

OnDemand Statistics

Physician Profiles

Comparative Analysis

Financial Performance

Revenue & Billing Management

Dept Performance

Quality Performance

Clinical Performance

Quality Performance

OnDemand Statistics

Service Line Analysis

Cost Accounting

Revenue Management

Charge Analysis

Utilization Analysis

Casemix Analysis

Budget Variance

Marketing Analytics

Physician Performance

Cost Accounting Management Platform

Patient Accounting Details

GL Details

DRG Costs

Revenue Management

Payer Mix

Casemix Analysis

PowerHealth OnDemand® Platform

Executive Performance

AnalyticsCost

Accounting

PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012

Financial Performance Management

Statistics Service Line Costs Revenue/Billing ProfitabilityVolumes Profit/Loss by DRG by Net Patient Revenue by DRGAdmissions Contribution Margin by Service Line by Operating Revenue by Service LineDischarges Cost by Department by DRG by DepartmentCases Revenues by Case by Service Line by CaseAverage Daily Census Net Patient Revenue by Physician by Department by PhysicianOccupancy Rate Revenue per Case by Physician Group by Case by Physician GroupRevenues Indirect Expenses by Speciality by Physician by Operating RevenueCase Mix Expenses/case by Status by Physician Group Total MarginPayer Mix Total Margin by Location by Payer Contribution MarginLOS Margin/case by Patient Type by Payer Group Active Income StatementALOS Case Mix by Financial Class by Billing Types DeductionsPatient Days Payer Mix by ICD Procedure by Charges by Inpatient/OutpatientUtilization Volumes by ICD Diagnosis by Admissions BenchmarkingActual Vs. Budget Admissions Operating Expense by Service Over any time intervalby Inpatient/Outpatient Discharges Direct Expenses by DischargesBenchmarking Cases Indirect Expenses by PaymentsOver any time interval Patient Days Physician Utilization by Adjustments

ALOS Salaries by SpecialityActual Vs. Budget by Inpatient/Outpatient by Locationby Inpatient/Outpatient Benchmarking by Revenue per DayBenchmarking Over any time interval by Inpatient/OutpatientOver any time interval Benchmarking

Over any time interval

OnDemand QuickStart

Plan• Project Scope• Document & Define• VPN Access

Load• Load• Organize• Audit• Update• Testing

Go Live• Introduce• Train• Go Live!• User Rollout

Days 1-5 Days 6-25 Days 26-30

Client FTE RequirementsClient Dept: 2 Days Client Dept: 2-3 Days Q&A Client Dept: 2-4 DaysIT: VPN access Minimal - no IT Resources No IT Resources Total Training: 4-6 hrs

PowerHealth Solutions Proprietary. All Rights Reserved © PowerHealth Solutions 2010

The OnDemand Platform

 

 

 

Executive Dashboard

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Patient Volume Analysis

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Detailed Cost Analysisat Patient & Physician Level

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Self Service/Ad hoc Reporting

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Executive AnswersInteractive Dashboards

ALOS trend declining below standards

Hospital Performance Summary Report

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Interactive FinanceBudget Variance Reporting

Service Line PerformanceEnterprise view

ReadmissionsAdmits within 72 hours