Financial/Operational Performance

As a healthcare system executive, you must drive sustainable operational improvements to effectively manage performance, price services and meet service-level commitments. But non-integrated legacy systems and staffing shortages can present challenges.

In the Spotlight Hospital hones best practices Brigham and Women's Hospital using SAS to align all departments with strategy

SAS turns raw data into valuable information that you can use to effectively manage operational performance, resource utilization, cost-effectiveness, staffing and financial results with greater precision and certainty. By delivering powerful insight into suppliers, operations, patients and organizational issues, SAS solutions give you the predictive knowledge you need to position yourself for success today and tomorrow.

Service Line Planning
What if you could effectively evaluate the financial and clinical performance of service lines as well as perform trending and forecasting analyses to optimize service line focus and growth?

SAS gives users access to information in the format they need, when they need it. Service line managers and planners can access key evidence-based service line planning projections (e.g., outcomes, costs and optimized service line mix models) with complete confidence in the consistency and reliability of the data. As a result, they can meet their business objectives for cost control and revenue generation, while maintaining a high quality of patient care. Evidence-based data enables senior executives to identify new business opportunities for increasing market share and revenue.

Planning & Financial Reporting
What if you could easily forecast future financial or business performance?

SAS provides user-specific interfaces for data collection, analysis and reporting, designed to give users access to evidence-based data for strategic and tactical planning and reporting activities, including:

• Review and analysis of cost and utilization statistics by major diagnostic groups and demographic characteristics.
• Development of cost and utilization patterns and trends.
• Profiling of provider cost and utilization statistics across provider groups and specialties (see Provider Profiling).

IT Management
What if you could control the rising implementation costs for IT resources?

SAS provides an end-to-end solution that delivers reliable, cost-effective IT systems management, provides the information needed to make wise IT financial decisions and enables you to identify trends to anticipate IT needs more accurately. With SAS, you can:

• Implement cost-recovery systems to encourage the effective use of IT services, thus freeing IT staff from less important tasks so they can spend more time developing critical technologies required by business units.
• Perform capacity planning and performance management processes on your IT infrastructure to determine not only what problems occurred, but how those problems can be prevented in the future.

Reimbursement/Cost/Profitability Analysis
What if you could easily identify your most profitable current and future lines of business?

SAS enables users to aggregate, analyze and apply predictive modeling techniques to financial and reimbursement data in order to generate evidence-based knowledge that can be used to evaluate financial and business contracts and associated risks, as well as provide for stronger negotiating strategies. With SAS you can:

• Evaluate financial, risk and reimbursement arrangements.
• Develop evidence-based strategies for negotiating financial arrangements.
• Monitor and report network, provider and care management performance.
• Predict reimbursement and identify additional and/or alternative sources of funding and revenue streams (see Service Line Planning).