
Reduce Cost and
Make Informed Decisions Throughout Your Organization
Many healthcare
organizations find it difficult to obtain valuable information
needed to strengthen their financial performance by evaluating
cost. IDS has developed proven applications that can provide you
with the information you need to make informed decisions
throughout your organization.
Comprehensive
• Evaluate current and predicted clinical expenditures through
numerous dimensions.
• Analyze your membership characteristics and market share
trends.
• Identify specialist referrals and out of network "leakage" .
• Measure inpatient, outpatient and pharmacy cost trends.
• Model expenditures to identify outliers and opportunities for
improvement.
• Effectively manage and evaluate your various capitation and
risk arrangements.
• Develop informed pricing schedules and negotiate informed
contracts.
• Monitor formulary compliance and lower cost prescription
alternatives.
• Manage your high risk/high cost patients more effectively.
• Actual to severity adjusted expected cost performance by
physician, practice or network.
• Plots monthly performance enabling you to effectively monitor
the effectiveness of your programs.
|