Case Cost 360 Request a Demo

Track Surgical Profitability

  • By Procedure
  • By Physician
  • At Point of Use

Real-Time Resource Utilization Analytics delivering insights needed for:

  • Preference Card Optimization
  • Product Standardization
  • Maximized Case Level Profitability
Wednesday, August 09, 2017 MHS Login Tech 1 No comments

SEE THE FULL CASE COST 360 PAGE >>

CASE COST 360 – WHAT IT IS

Case Cost 360 software captures and analyzes perioperative costs in ways not currently available in a single system.  More than a business intelligence reporting tool, it tracks complete, granular resource utilization in real-time:

  • At the individual procedure level
  • At the individual physician level
  • Throughout the surgical workflow – including point of use

Case Cost 360 produces detailed variance analysis that provides insights necessary to guide decisions that optimize surgical profitability: a true Clinical Operations Decision Support solution. The power of this decision support derives from Case Cost 360 delivering data that adheres to four fundamental, essential requirements:
 

GRANULAR

Must be gathered at the per-procedure, per-physician level.

TIMELY

Captured near real-time in a streamlined, efficient way that does not burden OR staff or unduly interfere with surgical workflow.

COMPREHENSIVE

Across multiple dimensions: medical specialties, types of procedures, and relevant cost inputs.

CONSISTENTLY ACCURATE

Automated capture with reliance on standardized coding structure such as ICD-10 and UNSPSC.

Wednesday, August 09, 2017 MHS Login Tech 1 No comments

SEE THE FULL CASE COST 360 PAGE >>

CASE COST 360 – HOW IT WORKS

  • We insert automation in the form of cross-platform mobile devices and software at every stage of the OR supply chain workflow.
  • Information tracked from loading dock to store room to point of use.
  • Full bi-directional integration with EHRs, ORIS, MMIS, and other systems.
  • Our analytics engine is fed the rich procedural data captured.
  • Leverages industry standard ontologies such as ICD-10 and UNSPSC.
  • Produces detailed variances.
  • The output of our engine is delivered to our Analytics Workbench.
  • Features role-based reporting and dashboards.
  • Presents clear insights and recommendations in Preference Card Optimization and Standardization.
  • Flexible drill-down capabilities.

Wednesday, August 09, 2017 MHS Login Tech 1 No comments

SEE THE FULL CASE COST 360 PAGE >>

CASE COST 360 – The benefits

Spending associated with surgical procedures is significant. No wonder that interest is high in seeking profit improvement in this area.

Case Cost 360’s detailed procedural cost tracking and variance analysis provides the necessary foundation of evidence that management needs to find cost reduction and enhanced profitability by attacking the various levels of the value pyramid:

Preference Card Optimization

  • Aligns physician preference cards with current usage reality.
  • Case Cost 360 recommends adds, drops, and shifts of items between open and hold status.
  • Promotes significant reductions in waste, loss from expired product, OR nurse and tech time, and surgery delays.
  • Ongoing tracking tool that keeps your cards accurate and up to date.

Product Standardization

  • Robust comparative variance analysis and benchmarking to standardize products and processes across your physician population.
  • Focuses on cost variation in at least three categories:
  • PREFERENCE CARD ITEMS
  • IMPLANTS
  • PHYSICIAN PREFERENCE ITEMS NOT ON CARDS
  • Integrate patient severity data to assess standardization opportunities appropriately.

Case Level Profit and Loss

  • Construct a true case P&L via complete surgical cost data tracking.
  • Integrate revenue cycle and clinical data for complete P&L context.

 

LET CASE COST 360 HELP YOU:
Achieve permanent cost base reductions
Reduce costly practice variation
Keep preference cards current
Drive process change through evidence, not anecdote
Break down Operating Room/Supply Chain information silos
Enhance procedural care quality & safety

Thursday, August 10, 2017 MHS Login Tech 1 No comments

SEE THE FULL CASE COST 360 PAGE >>

CASE COST 360 – The SOLUTION

Case Cost 360 is comprised of three MHS core components:

CaseCart Mobile Software

  • Aligns preference card requirements with the case cart picking process as well as the dispensing and return of product.
  • Integrates with multiple information systems.
  • Automates order process for maximum efficiency.

Point-Of-Use Mobile Software

  • Providers use a touch screen or a scanner in the OR to match a specific patient with items utilized for dispensing and billing.
  • Software captures:
  • Routine Supplies
  • ROOM STOCK
  • CONSIGNMENT PRODUCTS
  • BILL-ONLY ITEM WORKFLOW
  • INSTRUMENT PACKS
  • add-on products

Case Cost 360 Analytics Software

  • Sophisticated algorithms built by MHS analyze the comprehensive procedural data being captured.
  • Results delivered to a “workbench” that lets users graphically visualize insights.
  • Easily interrogate and manipulate the data to refine understanding.

Technology

Thursday, August 10, 2017 MHS Login Tech 2 No comments

SEE THE FULL CASE COST 360 PAGE >>

CASE COST 360 – ROI

MHS understands that in today’s environment rapid return on investment is mandatory. In most instances, we can produce returns on Case Cost 360 of 4 to 1 or more and a cash payback within a year.

The table shown here illustrates sample returns likely in a hospital setting of the size shown.

Contact MHS to obtain a customized ROI based on your specific data and requirements.

Thursday, August 10, 2017 MHS Login Tech 2 No comments

SEE THE FULL CASE COST 360 PAGE >>

CASE COST 360 – SERVICES & TECHNOLOGY SUPPORT

Management Health Solutions offers optional barcode and RFID-enabled mobile technologies that fit procedural workflow and perform precise tracking of utilization data at every step of the process.

Our services suite covers the essential professional, master data management, and inventory valuation services. It’s a robust portfolio that allows us to meet you at your state of readiness and provide the necessary foundation steps to quality data to underpin Case Cost 360 and Clinical Procedural Cost Understanding:

  • Baseline physical inventory valuation
  • Clean item master data
  • Supply chain process improvement advisory
  • Change management guidance