Comprehensive, multi-disciplinary management of resources, outcomes, profitability

With health costs continuing on an upward spiral, and a global concern that costs-to-serve patients is outstripping inflation rates, successful health care providers are demonstrating how essential an intelligent cost management system is to attain and maintain profitability.

IntelliMax Cost Management Solution transforms your cost accounting system into a profit management system with a multi-disciplinary view.  By associating resources to outputs and outcomes, quality and productivity, capacity and supply chain management, hospitals can now be galvanized with strategic vision and tactical direction to function profitably.  Your cost accounting information is fed into the IntelliMax solution to articulate exact, true costs of any activity or patient, service line or procedure. 

All hospital decision makers – the C-suite, clinicians, financial managers, and department heads – have the ability to analyze costs, identify waste, and measure shifts in profitability due to MS-DRGs.  This creates the opportunity for a multi-disciplinary and collaborative approach to improving quality of care and profitability. By utilizing this comprehensive approach of the IntelliMax Cost Management Solution, hospitals are presented the truth in performance and the strategy to improve overall performance.

Essential to the business user is the ease of use of IntelliMax.  Web-based, the solution is intuitive for domain experts who can easily create their own views of critical relationships, benchmark, and drill into the granular level for patient detail.

·         Profitability and cost management designed specifically for hospitals

·         Analyses of patient episodes, MS-DRGs, procedures, contracts, protocols and facilities in one system

·         Tracking of multiple outcomes by cost e.g., clinical outcome and patient satisfaction

·         Benchmarking comparisons by hospital, clinician or MS-DRG

·         Graphical dashboard views and reports

·         Easy integration and linking from all hospital databases

·         No programming required

·         Scientific approach

·         Patients/Cases

·         Services

·         Procedures

·         DRGs

·         Departments

·         Interim products

·         Doctors

·         Contracts

·         Faciliates a continuous improvement approach to cost management

·         Facilitates Benchmarking and best practice reviews using Financial Protocols

·         Identify slack or waste in facilities, equipment and resources

·         Measure productivity where it matters

·         Support Capital expenditure decisions

Cortell Health loads your hospital structure into the IntelliMax system, which allows users to analyze the organization by your own cost centers, service lines, products and general ledger. A restructure of the general ledger is normally not required and the necessary allocations will be built inside the ValuMax costing solution. 

The solution allows for a large number of parameter driven reports that address the most critical business needs, while allowing for user configurable reports and ad-hoc database queries.  Since the solution uses an open database, other business intelligence tools such as Cognos can still be linked to the system.