Whether you are building your budget, doing an analysis of your payroll or supply cost, working on managed care contracts, or just doing your forecast, healthcare professionals are constantly looking for ways to reduce cost and increase revenue. HCGPrevision™ drastically improves the efficiency, accuracy, timeliness and accountability of the financial planning process allowing you to more effectively manage expenses and identify new revenue sources. Healthcare professionals now have the application they have been searching for, HCGPrevision™. | Strategic Planning | Integrate information into a single database with easy access and flexibility allowing optimization of the planning process | | Analysis and Reporting | Provide immediate access to critical management information from a single integrated data source | | Budgeting | Flexible planning and modeling system provides the budget manager complete control over the planning process | | Forecasting | Allow for unlimited modeling capabilities enabling managers to view and analyze various scenarios and versions | | Payroll Planning | Sophisticated “what if” payroll planning at any level including individual employee, job class and skill mix | | Scorecards | Define key performance indicators, measure performance against goals and monitor results | | Managed Care Contracting | Leverage critical resource utilization information during contract negotiations with managed care providers | | Pay For Performance | Manage effective pay-for-performance initiatives in collaboration with all stakeholders to ensure that valid quality measures are used | | Service Line Management | Improve revenue, resource allocation, efficiency and productivity, patient and staff satisfaction, and improve organizational culture | | Supply Cost Control | Access information allowing you to track individual high cost supply items the throughout your organization allowing control of supply costs | | Physician Analysis | Develop physician profiles that show data points like inpatient and outpatient activity by ancillary service type |
Healthcare professionals are constantly striving for ways to improve financial and operational performance. The areas outlined above are just a sample of how HCGPrevision™ can help you unlock information trapped in your traditional management systems allowing you to increase revenue and decrease expenses. |