Starting Points

Industry: Prodacapo product: Solution in brief:

Healthcare Prodacapo ABC/M Performance management

Makes a strategic initative with Prodacapo ABC/M

About

Erasmus MC is the largest University Medical Centre in the Netherlands with more than 104 hospitals. Erasmus MC is also the Netherlands' most multi-faceted university medical centre which creates special opportunities for research, education and patient care.

Challenge

Erasmus MC is implementing Prodacapo's software solutions for Activity Based Costing/Management and Business Planning to get insight into the true costs of its services and products, and to facilitate financial and operational scenario planning.

Results

The Prodacapo ABC/M solution has provided Erasmus with a better understanding of their core processes, their costs, and the division of costs between patient care and activities related to research and teaching. This enables them to cost their products and services more accurately and to identify which products sold to insurance companies are profitable or not. It also allows them to set fair and more accurate internal prices and identify opportunities for efficiency improvements.

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"Implementing Prodacapo ABC/M at Erasmus MC is a strategic response to changing market environment for Hospitals in the Netherlands."   Niek Bossché & Paul Steinbush Both members of the EMC costing project team