Alithya Healthcare Solutions

Cost of Care Analytics

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Predictive Insight Into Healthcare Provider Cost of Care

Alithya’s Cost of Care Analytics combines your clinical, billing, and financial data to spotlight your organization’s revenues, costs, and profits. Alithya uses Oracle Cloud for cost allocations, self-service analytics, and our data foundation to create insights into your organization that might go unnoticed with traditional reporting.

Spotlight revenue and cost trends by integrating data in Alithya’s Healthcare Data Foundation and our Cost of Care Analytics costing engine. Find trends and take immediate action with our included data visualizations.

Key features:

Fast time-to-value with foundational solution implementation
Improved organizational insights
One version of the truth for key business data
Self-service discovery enforces data driven decisionsre delivery alongside strategic finance-focused KPIs.

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Cost of Care Analytics - Overview Dashboard

Leverage embedded Artificial Intelligence to identify outliers in Service Line Profitability enhanced with the ability to drill to costing-based Provider performance.

Use metrics, calculations and rankings to expose operational trends and correlations to track quality of care delivery alongside strategic finance-focused KPIs.

Secure, Scalable, Modern Healthcare Analytics

Provider, Patient, and Financial Data Insights

Obtain visibility into key service area performance metrics by combining operational and financial data
Improve the quality and consistency of care by identifying trends across patients, physicians, and services
Take advantage of self-service and structured analyses across clinical service line, provider, specialty, organization, department, and charged service items

Capabilities

Align and integrate key clinical, operational, and financial data for individual patient experiences
Trace charges, revenue, and costs via driver- based allocations into actionable performance margins
Allow flexible direct and indirect assignment of labor, supplies, equipment, facilities and other costs for precision control of services delivery and tracking at the right detail for your organization
Enable multiple scenarios and cost methods that fit your needs now and in the future: RCC, RVU, ABC

Alithya Cost of Care Analytics

Financial Data

Support for varying levels of cost buckets: Fixed/Variable, Direct/Indirect
Charges, Revenue
Labor, Supplies, Equipment, Facilities, Other
Driver-Based Allocations to Charge Codes

Operational Data Model

Initially defined data model to support integration with your EMR
Cloud-Based or extend your current Enterprise Data Warehouse model
Utilize quick-start data model or expand for additional reporting needs

Encounter Data

Expandable Patient Demographics detail/attribution
Diagnosis, DRG
Provider, Specialty
Admit, Discharge, Source, Service Status

Reporting & Analytics

Clinical Service Line Analysis
Provider Analysis/Profitability
Summary and Operational Analysis by entire organization
Payer, Financial Class

If you'd like to get more information about our Healthcare solutions or schedule a demo of our Cost of Care Analytics, please contact us through the form below.