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.
- 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.
- 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 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.
- 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.
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.