powerhealth ondemand slide presentation june 2012
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PowerHealth Solutions Proprietary. All Rights Reserved © PowerHealth Solutions 2010
PowerHealth OnDemandThe Business of Healthcare Runs on PowerHealthTM
Challenges Inability to access, integrate, and analyze data• Service line profitability• Major materials cost tracking unknown• Inability to evaluate service line performance for improvement
and re-engineering opportunities• Major IT investment in new HIS questioned by C-level and
board
SolutionDeployed PowerHealth OnDemand as platform for Service Line Performance Improvement program
• Service Line and Department P&L• GL Budget Variance• Enterprise Costs, Billing & Reimbursement visualization• DRG Cost & Utilization - materials/implants• OR Performance • Patient Volume/Patient Mix• Quality Performance including ALOS, Readmissions, & FPPE
Client Benefits★Execs, Departments, & Analysts have complete performance
visibility ★Focus on cost, clinical operations and quality has facilitated an
avg cost/adjusted discharge $1800 lower Vs. peers.★Readiness for ACO model
Customer Success About Community Hospital Anderson
Full service 207-bed not-for-profit hospital system located in greater Indianapolis providing advanced medical services to over 300,000 people in neighboring towns and cities
“PowerHealth OnDemand supports our mission of delivering excellence in quality patient care, and is the future of managing through Healthcare’s Market Reform. Our hospital now has real- time access to detailed performance improvement metrics from our HIS investment so that we can effectively manage our cost, profitability, quality, operations, labor and physician utilization .”
Dr. Bill Van Ness, M.D. & CEO
What we are all about
20102003 2011 What’s next?
Open Software Platform Released• Cost Accounting• Patient Accounting• General Ledger• Managed Care
modeling
Cloud-based subscription service to support executive answers to critical information: • Service Line P&L• ALOS• Cost/DRG Analysis• Physician Utilization
Innovation for TRUSTED Answers throughout organization• Finance• Operations: OR/ED/Radiology,
etc.• Physician Performance• Quality Performance• Materials Performance• Revenue & Billing Performance
• Executive Analytics • Guided intelligence®
• Healthcare Reform Analytics• Support for ACOs• Comparative Benchmarking• Community Best Practices
Consulting Company Founded
PowerHealth Community® for
Healthcare
Performance Improvement
Platform
PowerHealth OnDemandTM
Launched
Software Company Founded on
Cost Accounting
Reduce Inappropriate Length of Stay Decrease Direct Variable Cost/ Case Improved Outcomes Actionable Intelligence
Performance Improvement Results
450 sites 600 sitesPowerPerformance
Cost Accounting Solution
48+ sitesPowerHealth OnDemand
Vision of delivering new age model of cost accounting with open data and reporting access
1995
Inability to efficiently access, aggregate, and organize disparate data sources
Industry ChallengesAccess.
Resource limitations:• People / IT / overhead• Budget $$$• Data / knowledge / systems
Overhead.• Reduction in Medicare• Reduction in Medicaid• Accountable Care (ACO)• Pay-for-Performance• Meaningful Use• Quality Outcomes
Trends.
Complete HealthREADYTM integration and access
•No software•No hardware•No overhead•Secure access for any user and any department - any time!
Ready.Organized and automated data access by department and throughout enterprise!
• Executive Analytics• Finance & Service Line• Cost Accounting• Billing & Revenue • Clinical Operations• Clinical Quality• Labor & Productivity
Performance• Physician Performance
Simple.Modular - Buy only what you need and when you need it!
Automated distribution and sharing throughout the enterprise
Unlimited User Access
Cost Effective.
OnDemand Answers
The “Now” Generation
Feature PowerHealth OnDemand Traditional Vendors
Capital Purchase - Software, Hardware, Maintenance NO Yes
IT Resources for Set-up, Integration, & Customization NO Yes
Care (Processing) and System Maintenance NO - “Future Proof” Yes
Modular Pricing - Buy only what you need YES No way
Integrated Cost Accounting Solution YES No
Availability, Distribution, Secure Anywhere Access YES - 24x7 ?
Ready-access w/Trust Within Days 90 days to infinity
Cloud-Ready AccessTM
Turn the raw data & silos... ...into your Trusted Answers
GeneralLedger
Patient Accounting
Quality Mgmt
Operating Room
Emergency Dept
Nursing & Labor
Scheduling
OnDemand IntegrationTM
(Over 600+ Data Elements)
• Logic• Community• Best Practices
Clinical Operations Performance Management
Physician Performance Management
Financial Performance Management
Quality Outcomes Performance Management
PowerHealth OnDemand Platform
Materials Mgmt
Labs PharmacyICD Coding
Admits Discharges
Physician Mgmt
Radiology
Financial Management
8PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012
OnDemand Financial Performance ManagementTM
Contribution Margin
Service Line Management
Cost Accounting
Expected Reimbursement
Net Revenues
Labor & Productivity
Interactive Income Statement
Budget Variance
Operations Management
9PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012
OnDemand Operations Performance ManagementTM
Physician Utilization
ED Throughput
Patient Census
OR Block Time
OR Profitability
Labor & Productivity
Materials Management
OR Outcomes
Quality Outcomes
10PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012
OnDemand Quality Performance ManagementTM
Infection Rates
ReadmissionsCore Measures
Quality Indicator Tracking
FPPE Reporting
Census Reporting
Physician Performance
Admissions & Discharge
Analysis
Physician Alignment
11PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012
OnDemand Physician Performance ManagementTM
Profit & Loss Analysis
Service Line Management
Cost/Procedure
Expected Reimbursement
Net Revenues
LOS & ALOS
Utilization
Quality Performance
OnDemand QuickStartTM
Plan• Project Scope• Document & Define• VPN Access
Load• Load• Organize• Audit• Update• Testing
Go Live• Introduce• Train• Go Live!• User Rollout
Days 1-5 Days 6-25 Days 26-60
Client FTE RequirementsClient Dept: 2 Days Client Dept: 2-4 Days Q&A Client Dept: 2-4 Days
IT: VPN access Minimal to no IT Resources No IT Resources Total Training: 4-6 hrs
Statistics Service Line Costs Revenue/Billing ProfitabilityVolumes Profit/Loss by DRG by Net Patient Revenue by DRGAdmissions Contribution Margin by Service Line by Operating Revenue by Service LineDischarges Cost by Department by DRG by DepartmentCases Revenues by Case by Service Line by CaseAverage Daily Census Net Patient Revenue by Physician by Department by PhysicianOccupancy Rate Revenue per Case by Physician Group by Case by Physician GroupRevenues Indirect Expenses by Speciality by Physician by Operating RevenueCase Mix Expenses/case by Status by Physician Group Total MarginPayer Mix Total Margin by Location by Payer Contribution MarginLOS Margin/case by Patient Type by Payer Group Active Income StatementALOS Case Mix by Financial Class by Billing Types DeductionsPatient Days Payer Mix by ICD Procedure by Charges by Inpatient/OutpatientUtilization Volumes by ICD Diagnosis by Admissions BenchmarkingActual Vs. Budget Admissions Operating Expense by Service Over any time intervalby Inpatient/Outpatient Discharges Direct Expenses by DischargesBenchmarking Cases Indirect Expenses by PaymentsOver any time interval Patient Days Physician Utilization by Adjustments
ALOS Salaries by SpecialityActual Vs. Budget by Inpatient/Outpatient by Locationby Inpatient/Outpatient Benchmarking by Revenue per DayBenchmarking Over any time interval by Inpatient/OutpatientOver any time interval Benchmarking
Over any time interval
Business Performance Platform
PowerHealth Solutions Proprietary. All Rights Reserved © PowerHealth Solutions 2010
The OnDemand Platform
OnDemand Performance AnalyticsTM “Dashboards to Details”
PowerHealth OnDemand Proprietary. All Rights Reserved © PowerHealth OnDemand 2012
Dashboards/KPIs
Details & Self-Service Reporting
Dynamic Analysis
Executive Dashboards
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Service Line PerformanceEnterprise view
Interactive FinanceGL/Budget Variance Reporting
Detailed Cost Analysisat Patient & Physician Level
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Executive AnswersInteractive Dashboards
ALOS trend declining below standards
Hospital Performance Summary Report
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Patient Volume Analysisby Any Variable
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Avoidable ReadmissionsAdmits within 72 hours
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Self-Service AnalyticsAd hoc Reporting
PowerHealth Solutions Proprietary. All Rights Reserved © PowerHealth Solutions 2010
Join the OnDemand CommunityTM!Phone: +1 (303) 683-8239 DirectEmail: info@powerhealthondemand.comWeb: www.powerhealthondemand.com
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