Cost

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Cost

Integrate decision support cost information. Only with data can health systems fully understand costs and identify areas of overspending...

Healthcare spending in the U.S. today is unsustainable. Fortunately there is a major opportunity for health system to capitalize on their data and our solution can help you reduce your costs hospital wide.

  • How clinical programs impact your cost structure
  • Integration of cost data with clinical, operational and productivity data
  • Impact of clinical programs on cost structure
  • Cost structure and contracting visibility
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The benefit of this Fusion Solution is getting single version of the truth. Direct, indirect, fixed and variable costs:

  • ICU Cost
  • Medication Cost
  • Lab Cost
  • Cardiac Cost
  • Supply Cost
  • Imaging Cost
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Patient Cohort - All billing accounts managed by the health system.

Step 1: Assess

  • Collaboratively set goals and objectives to deliver required outcomes for finalization for the program.
  • Identify and assess criteria for calculating a Return on Investment for the program.

Step 2: Examine and analyze relevant data points

  • Workflows analysis for Decision support costs - activity based included
  • Identify discrete data points to examine for data inconsistencies.
  • Optimize the workflow for process improvement based on Best Practices.
  • Define the necessary documentation standards to reduce data inconsistencies.
  • Order sets and groups to provide for the right care at the right time.

Step 3: Orchestrate, Blend & Synthesize

  • Coordinate EHR optimization to help Physicians, Specialists, Care Providers and Care Mangers.
  • Enable & organize to unlock the current data infrastructure based on data elements to implement a governed approach to analytics based on established project/program objectives and goals

Step 4: Optimize (user behavior analytics from above icon group)

  • Help validate the workflows and train end users during the acceptance and transitory phase to help drive adoption.
  • Suggest and recommend further refinement, if needed, based on specific organizational needs.

Step 5: Adopt

  • Provide Visualizations from extended data analytics infrastructure to help sponsors and committees drive the outcome objectives and goals.
  • Provide analytics for Clinical Efficiency teams to help derive the most value from adherence to shared baseline protocols (clinical guidelines for acute or chronic disease management), if applicable
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