PowerHealth OnDemand - What We Do and How
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PowerHealth Solutions Proprietary. All Rights Reserved © PowerHealth Solutions 2010 PowerHealth OnDemand The Business of Healthcare Runs on PowerHealth TM
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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
