Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS...
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Transcript of Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS...
![Page 1: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/1.jpg)
Reporting and Analytics for
Financial Operational Excellence
Tom FaheyPresident and CEO, HCS
Jennifer D’AngeloVice President Information Services /Information Security Officer, CHCC
![Page 2: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/2.jpg)
![Page 3: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/3.jpg)
![Page 4: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/4.jpg)
HCS provides an integrated clinical and financial IT platform to more than 6,000 acute, post-acute, and behavioral health facilities. Since 1969 the HCS Interactant™ platform has been delivering enterprise-wide and easy-to-adopt solutions for revenue cycle management, financial reporting, electronic medical records, mobile technology, and business intelligence.
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![Page 6: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/6.jpg)
CHCC partnered with HCS to develop a process to show average resident cost per day, by diagnosis - this information is invaluable for providers. From conception to production it was a matter of weeks – not quarters or years!
All our managers have access to see their budget vs. actual reports real-time throughout the month to properly manage cost.
CHCC and HCS Case Study
Featured in McKnight’s LTC News
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Organizational Use
LTC, LTPAC, Assisted Living, Adult Day Care, Inpatient Psychiatric Hospital, Intensive Outpatient Partial Program
• Accounts Receivable (AR)• General Ledger (GL)• Fixed Assets• Accounts Payable (AP)• Materials Management including inventory
and patient care supplies
CHCC Organizational Use
![Page 8: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/8.jpg)
LTC, LTPAC, Assisted Living, Adult Day Care, Inpatient Psychiatric Hospital, Intensive Outpatient Partial Program
• Electronic Capital and Operating requisition • Electronic review of capital/operating actual
vs. budget• Resident cost
– PAR room reports – Resident patient care supply tracking
• Dashboard management
CHCC Manager Use
![Page 9: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/9.jpg)
• Completely electronic process• Laptops, scanners, and barcodes in all PAR rooms• Charges are scanned real-time for the unit and
individual residents• Materials Management maintains PAR levels
electronically and analyzes usage by resident and by area
Resident Supplies/Inventory
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• Completely Electronic • Each manager has the ability to review all their
monthly reports via the Insight Module• Real-time data to make critical organizational
decisions• Eliminated hard-copy reports being sent out to all
mangers throughout campus
Management Reports
![Page 11: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/11.jpg)
Interactant Insight is a comprehensive reporting and analytics module that includes easily accessible reports and graphs that provide organizations with a global view of their
business operations.
Interactant Insight Module
![Page 12: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/12.jpg)
The dashboard and analytics component HCS developed is usedthroughout our organization to show us:
Analytics - InsightInsight Dashboard
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• Easily select data sort into the aggregated data to analyze trends to assist in making proactive, data-driven decisions
• Key Performance Indicators (KPIs) can be defined by columns for a visual alert to negative or positive conditions
• Export data to Excel or CSV formats
• View interactive charts and graph formats
• Easily add or remove data elements
Insight Reporting
Key Benefits
![Page 14: Reporting and Analytics for Financial Operational Excellence Tom Fahey President and CEO, HCS Jennifer D’Angelo Vice President Information Services / Information.](https://reader035.fdocuments.in/reader035/viewer/2022081520/5697bfbf1a28abf838ca2f6c/html5/thumbnails/14.jpg)
• Access to raw data – eliminate reliance on IT support for essential reports
• Filter data based on user-defined criteria
• Export data to Excel or CSV files
• Save results as a favorite for future reference for yourself, selected users, and groups
Insight Analytics
Key Benefits
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Cost By Diagnosis
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Diagnosis By Unit
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Occupancy By Bed
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Occupancy by Unit
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For more information:
christianhealthcare.orgHCSinteractant.com
Thank You NJ HIMSS