Healthcare Analytics Solutions

Healthcare Analytics Solutions

Finance_Solutions1

Data Model

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Labor Management and Productivity

Problem: Known Fact: your hospital will allocate at least 30% of its variable budget on labor resources. Where can you save money on labor costs without cutting services? Many times your labor to census ratios are not understood in time to make a difference on labor costs. You have OT being earned in one unit, then contract labor called in another, and meanwhile excess labor is available in a unit where the census is low. The variances to labor targets are understood long after the opportunity to re allocate staff to more productive areas has come and gone.

Solution: Aculyst offers the tools to see real-time labor activity assigned by unit, and displays nurse ratios in real time. Further, Aculyst allows you to see the entire spectrum of where labor resources are deployed and since we have interfaced with your ADT system, and payroll, we now can see the cost of those labor variances to targets. When users see a cost associated with not making a decision, the end user is compelled to solve the riddle and reset the variances and cost over-run to zero. How much capital do you think you can recover in labor costs that spiral due to over staffing?

Result: When you see staffing trends for PTO, UPTO, OT and other workforce trends against volumes and cases, you begin to see patterns in the way labor is used based on seasons, patient volumes and DRGs, not to mention employee. Now that the labor ratios are pin pointed and reflected in real time every day, managers can dote on the enterprise and be sure that your staffing resources are deployed as the result of informed labor choices.

Operations and Quality

Problem: How do you analyze operational throughput and quality efforts, all the while perceiving their financial implications? Connecting operations to the hospital’s silos of systems is the missing piece of the profitability puzzle. Silo-ed systems of operations and quality management create systemic inefficiencies in healthcare systems. Doesn’t everything have a financial impact? So why not understand how your efforts to reduce LOS, re-admissions and to keep patients safe and satisfied all the while documenting core measures, can lead to financial gain or loss. Are you providing quality cost effective services which offer value? Payers want to know so shouldn’t you? Discharges and admissions, LOS and nursing unit performance as well as case mix need attention in real time in order to effectively manage performance in complex healthcare delivery system.

Solution: Aculyst is helping hospitals increase admission volume and decrease LOS with enhanced throughput in units such as OR, ED and SNF. The goal is to reduce ALOS, lower direct costs, increase admission volume, as well as improve quality and safety measures. This is done by delivering dashboards that allow the end user to see KPIs and interact with the data that sheds light on business problems.

Result: Discharges, LOS and census as well as quality such as patient safety, satisfaction and re-admissions are all indicators of service line productivity, profitability and overall enterprise value offered. Payers, patients and the government are interested in how you deliver value. Aculyst gives operational managers and CMO’s the tools for ‘awareness’ they need to be sure they are on track to reach hospital targets, all the while overseeing quality measures and clinical outcomes in one system. This means you can speed towards value and be confident your enterprise is on target to meet its goals.

Population Health Management (PHM)

Problem: Is your market growing or is it shrinking? Do you know what drives your volumes? Your outcomes? How do you know your health system is taking good care of patients? Case mix, payer mix and case weights can tell you a lot about the services you are providing. How easily can you draw conclusions about the value of your healthcare on your market?

Solution: Aculyst delivers dashboards with the KPIs you need to grow your business and maintain it while delivering the best care in your region. Aculyst shows you trends in your volumes- where do patients come from- what insurance do they carry, what did you do for them, were they readmitted- how long did they stay- who was the provider? How valuable is one admission versus another in terms of case mix, payer mix and what resources your patients are most likely to use. The interoperability you need for PHM is delivered by Aculyst with integration of your EMR, ERP, clinical, quality and workflow tools.

Result: Population health management requires better IT solutions in order to understand how to improve outcomes through disease management, care management, and demand management. Providers and organizations will begin to see data to analyze morbidity patterns and predict financial risk. Both clinical and financial outcomes are improved by comparing patient data against quality guidelines and identifying care gaps..