Prodacapo Healthcare Management Solutions
Prodacapo has been working closely together with the healthcare industry to develop software solutions that can help you become more efficient and thereby solve issues as:
- Where are our costs to high? Why the variation between patients? (Cost and profitability analysis, TDABC, etc.)
- How do we create realistic budgets? What happens if....? (Budgeting/Planning/Simulation)
- What are our current processes and how can we improve to be more efficient? (Lean/Process improvements)
- What do we need to accomplish our strategy and how will we succeed? How do we ensure that our activities assists us in achieving our strategy?
Patient level costing and much more
Our healthcare clients use Prodacapo to provide a better understanding of the cost per patient and patients' treatments, to obtain more accurate rates for specific procedures, to understand the trade offs during the negotiation process, etc.
Using Prodacapo you can gather all financial and performance management data and improvements on the same place. The information can easily be updated and communicated via a web interface. Press one key and get underlying information of processes, action plans, calculation structure, etc.
With more than 15 years of experience within Strategic Corporate Performance Management (CPM) we know how important it is to create a holistic approach to understand how your processes impact your business.
The Prodacapo Healthcare Solutions:
Cost and Profitability Analysis
Prodacapo enables you to achieve sustainable cost-reductions by understanding the cost per service and patient level costing, as well as the root causes of those costs. Our activity based costing solution enables you to reduce costs and improve resource allocation.
Prodacapo ABM is an activity-based solution that can be used to identify costing that is rooted in the organization and to view costs in a way you have never seen them before.
Typically, healthcare providers identify their costs solely by department. However, patients utilize multiple departments during their treatments. Prodacapo assists your organization to track the cost per patient across the various activities performed in each department. Prodacapo enables service line managers to optimize the patient care process. In addtion, you can use the activity costs to calculate the cost per patient, diagnosis or procedures.
The data can provide the insight to understand why the costs vary for patients with the same diagnosis or procedure. Once know this, you can act proactively to identify opportunities for cost reductions by reducing NVA (non value added) activities and provide the same level of service at a lower cost.
The ABM data can also be utilized to support negotiations with payers to obtain more accurate rates for specific procedures or diagnosis and to understand the trade offs during the negotiation process.
Budgeting, Planning and Simulation
Using Prodacapo you will be able to plan and budget faster and more accurately as the Prodacapo budgeting and planning solution establishes the actual cause-effect relationship between resource consumption and delivered services and treatments.
You can also analyze the impact of a range of scenarios, including changes in volume, services or prices.
Realistic planning requires a bridge between Finance and Operations, regardless of whether the objective is to simulate resource requirements or financial projections.
Balanced Scorecard and Initiatives
A scorecard is used to achive results by communicating on all levels. Prodacapo helps you to develop your scorecard further. By implementing the Prodacapo Balanced Scorecard you can easily measure, follow-up and analyze whether your orginazation is moving into the right direction, or not, and to act accordingly.
While measurement values represent what has already happened, initiatives are established to influence the future. Prodacapo gathers the initiatives and provides ongoing reports, which are linked to measures or critical success factors in the scorecard.
Prodacapo Balanced Scorecard is more than a measurement tool - it's a management toool.
Lean - improve, measure and evaluate the patient care pathway
Prodacapo offers a solution that supports the Lean philosophy (how to manage resources in the long term). The purpose of Lean is to eliminate all factors in the process flow that do not create value for your partients and partners.
Prodacapo enables you to increase the workflow, the quality and the patient focus by defining, measuring, analyzing, improving and controlling all aspects of the processes.
Measuring processes provides a basis for continuous improvement and benchmarking.
Our healthcare clients say:
"Prodacapo has provided us with an excellent product at a great price, where the ease and use and extreme flexibility has helped us develop costing models we can understand and use. The support we have had from Prodacapo through implementation and ongoing has been outstanding. They have been incredibly responsive and helpful with meeting the needs of our organization."
Ryan Morthole, Decision Support Analyst
McCook Community hospital
"It's an extremely powerful management information and reporting tool and while the results have confirmed some of our existing views, it has also given us some interesting insights."
Tony Whitfield, Finance Director and Deputy Chief Executive
Salford Royal NHS Foundation Trust
"We looked at six software suppliers and only Prodacapo offered a fully-formed, off-the-shelf, proven solution to our Service Line Reporting and Patient Level Costing needs."
Mark Greatrex, Deputy Director of Finance
Walton Centre for Neurology and Neurosurgery NHS Trust
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