EPS CentreScope
An application for Monthly Service Line Reporting combined with Patient Level Costing.
EPS CentreScope provides patient level costing while simultaneously supporting the "trading hierarchy" reporting through to service-line, directorate and trust level.
Full reconciliation in terms of cost, income and WTEs to the monthly financial statements from the general ledger.
Provides monthly reporting of both Cost and Income at all levels and includes the facility to "Cost the Budget" against activity targets.
By reporting performance throughout the year, variances can be identified early and the appropriate changes put into place.
Multiple levels of marginal costing (time and event based) are available to assist decision support.
Patient level costing can be scaled to the level of Trust information available; i.e. if little or no information is available for say, Physiotherapy then this can be profiled by the system until the departmental analysis is made available and interfaced. This methodology provides the maximum amount of management information as soon as possible to help understand the business without having to wait for the development and upgrade and implementation of departmental systems.
RELATED PRODUCT
ClearCost
Manage financial information for hospitals and trusts. Meets the needs of NHS Reference Costing whilst also assisting with management information and HRG cost analysis (HRG costing).
Performance targets can be set for each of the support services to focus on cost and efficiency improvements. Recharges can be made at fully absorbed cost or at fixed rates.
The trading position is built up month by month providing detailed profitability analysis which can be displayed in terms of both high level financial reporting or analysed by delivery of service to patient.
Consultant analysis is provided for benchmarking against peers and ranked in terms of cost and average length of stay. Costs are available split by inlier, outlier and critical care and summarised by resource grouping for ease of comparison.