Make Better Business Decisions with the Power Performance Manager Solution!
Improve cost control, ensure patient safety and gain insight into your organization’s performance with this amazing software.

Overview

PowerPerformance Manager (PPM) is a web-based system that calculates service delivery costs and funding revenue based on clinical and financial data consolidated from other healthcare systems, to support business decisions.

Modules

  • Costing — Calculates the cost of hospital service delivery to measure business performance and identify areas requiring cost savings or improvements.
  • Revenue — Calculates public and private revenue streams using sophisticated business rules to reflect complex terms and conditions
  • Reporting — Monitors hospital performance through regularly generated reports that are distributed through e-mail.
  • Reporting Framework — Standardizes Health Authority statutory reporting across all participating hospitals, by setting up a customized reporting framework to process all hospital data through the same validating, mapping or processing steps into submission-ready files.

Feature

Costing

  • Cost all forms of activity
    Costs the delivery of all health service encounter types such as Inpatient, Outpatient, Emergency, SNAP (Sub-Acute & Non-Acute Patient).
  • Cost to any degree
    Performs costing to any level including fine-grained activity level, based on the data available from external feeder systems. Assign costs down to the service and patient level based on duration, standard cost, and actual charge. Spread the costs across all services equally, or unequally using user-defined weights. Where available, DRG-based service weights can be used to more accurately allocate costs down to the patient level.
  • Areas without source systems
    Creates patient level activity data easily for areas without a source system, based on any coding classification such as ICD-10 or OPCS-4.
  • Overhead allocations
    Easily control allocation of overhead costs and report on the flow of costs.
  • General Ledger
    Prepares your General Ledger for patient costing purposes by moving amounts between cost centres, creating dummy cost centres and account codes, offsetting revenue against expenditure, and defining how corporate overheads should be treated.
  • Accurate results
    Built-in reconciliation and audit reports present accurate and consistent costing results. Each process is reconciled back to the original General Ledger using mainstream and easy-to-use Crystal Reports technology. The fine-grained costing at the activity level is consolidated to report accurately on patient, DRG, service, or any other required level.
  • Compare costs
    Calculate the cost of delivery for each patient encounter, and measure gains and losses against benchmark prices.

Revenue Manager

  • Revenue modelling
    Model and monitor revenue from all funding and revenue sources, such as government funding for public hospitals, and private health funds revenue for private hospitals. Under the control of hospital staff, you can reduce the turnaround for applying business funding rules updates.
  • Profit & Loss analysis
    Calculate service line profitability by comparing the revenue to cost.
  • Seamless data access
    Fully integrated as a part of PowerPerformance Manager, Revenue Rule sets provides modelling capabilities (for example by insurer or DRG) through its automatic and seamless access to patient data.
    The business rules reside in the rules engine and although they are separate, they engage seamlessly with the revenue calculation code. Year on year changes can easily be incorporated by the use of date ranges for business rules and via the use of period specific reference tables, eg DRG rates or contract schedules.
  • Easy and powerful
    Using the Revenue Rulesets decision rules engine, you can replicate the business rules for complex terms and conditions of the care contracts diagrammatically with an intuitive drag-and-drop interface.
  • Control your business rules
    Designed to break the technology barrier, the rules engine empowers business users to own and manage their business rules without IT programming support.

Reporting

  • Keep managers & executives informed
    Reports are automatically generated and distributed by email on a preset schedule, eg daily, weekly, fortnightly, monthly, allowing managers and executives to stay informed and to take action as and when required.
  • Access live reports from anywhere in the world
    Access your history of reports and run live reports through the corporate intranet or through a web browser connected to the Internet from anywhere in the world.
  • Secure data
    Your data is secured by password access, encrypted wireless network transmissions using expiring key authentication, and file level encryption.
  • Multi-layered reports
    View high level reports with charts and selectively drilldown to more details.
  • Integrating costing data
    All costing data is stored in an open SQL database with an available schema for integrating with a hospital data warehouse.
  • Easy exchange
    Reports can be easily opened in other applications through a variety of export formats including RTF and Microsoft Excel.

The various types of reporting tools include Client Reports, Executive Reporting and Query Runner.

Reporting Framework

  • Standardized
    Standardizes Health Authority statutory reporting across all participating hospitals, by setting up a customized reporting framework to process all hospital data through the same validating, mapping or processing steps into submission-ready files.
  • Automated processing
    AThe highly manual analysis and processing can be automated to speed up the lengthy process, highlighting anomalies and errors for attention by the costing staff. Once the anomalies are detected, human attention can best be used to diagnose and correct problems.
  • Consistent quality
    The automation of the processing eliminates manual processing human error, as system methodically ploughs through the voluminous data consistently in the same structured fashion for all participating hospitals.

Benefits

  • Evidence for business decisions
    PPM provides valuable insight into organizational business performance by comparing the true cost of delivering a service to the revenue collected for that service. This information is based on solid evidence and is essential to supporting good business decisions.
  • Benchmarking
    Use PPM to benchmark the business performance (i.e. cost and revenue) of different hospitals for comparison purposes. Individual hospitals can use PPM to identify areas where they are performing better or worse than their peer organizations as well as their own performance history across financial years, in order to take corrective action to ensure optimal performance
  • Better cost control
    Use PPM to identify areas of budget overspend and see the cost drivers, in order to take early corrective action.
  • Utilization review
    Use PPM to compare the resource use across different clinicians, e.g. number of tests, pathology and radiology imaging tests, time in theatre.
  • Peer review
    Use PPM to compare the performance of clinicians and clinical units. When performance data is made available, clinicians can begin to understand areas where the process is inefficient and make improvements.
  • Facilitates clinical engagement
    Use PPM to provide performance data as a basis for discussion between executives and clinicians.
  • Service line reporting
    Use PPM to report on the performance of different service lines.
  • Patient safety
    Use PPM to quantify the actual costs of adverse event using information fed from an incident management system, e.g. Datix.

Download

“Power Performance Manager Solution”



We believe in your growth with Make Better Business Decisions for Your Organization