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EPS Clear Cost

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).

An application designed to provide NHS Trusts with the facility to create Specialty and Service costing by patient type, then create product lines for event and HRG costs using user-defined cost drivers.

  • Full reconciliation in terms of cost to the download from the general ledger plus the facility to include WTE information within the costing process.

  • An upload facility for population of selected NHS Reference Cost tables together with a full set of reconciliation reports.

  • Costs from the general leger are recorded and tracked throughout the pooling and allocation process and then on to the final costed products. This means that costs can be represented at any point by the relevant proportion of the general ledger codes. This drill-down facility is useful for both reconciliation purposes and for explaining the resultant costs to non-finance managers.

RELATED PRODUCT

CentreScope
For Monthly Service Line Reporting combined with Patient Level Costing.

Product highlights and screenshots

Cost Centres

Screenshot of Clear Cost Multiple levels of marginal costing (time and event based) are available to assist decision support.

Specialty Summary

Screenshot of Clear Cost Screens and reports are presented in a format that is easy to use and understand, all key costing tables can be output to Excel for modelling.

Care Profile

Screenshot of Clear Cost Care profiles can be developed from system templates and refined with specific overrides in a fully reconciled cost environment.

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Please contact us for more information or to arrange a demonstration.

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