Clairvia for Finance

  • Evidence-based resource management
    creates more efficient, more effective
    healthcare delivery

Evidence-based resource management creates more efficient, more effective healthcare delivery

Rising costs, shrinking reimbursements and negative margins are the key financial challenges facing today’s healthcare providers. By capturing patient-specific clinical information, in real time, analyzing the data in the context of a desired patient progress plan and allocating resources to drive the next desired care outcome, providers can optimize their financial performance:

  • Evidence based allocation of caregiver resources leads to more rapid recoveries and helps maximize reimbursements
  • Proactive scheduling ensures optimal operational efficiency
  • Real time tracking of each patient’s clinical outcomes against proven optimal protocols leads to shorter lengths of stay
  • Improved patient experiences and better recovery rates give physicians the evidence they need to increase their referrals
Featured Posts
 

Catholic Health Initiatives is trying to figure out the true costs associated with nursing – so they can do a better job managing those costs.

August 6th, 2010

Clairvia customer and highly respected national leader, Kathleen D. Sanford, RN, MA, DBA, FACHE., was interviewed by HFMA in July in an article titled “Staffing Issues: A Major Concern for Nursing.” Sanford, senior vice president and CNO of Catholic Health Initiatives raises very important questions such as truly understanding the cost of nursing services, and how CHI is addressing the business case for quality.
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Managing Inpatient Cost and Quality

June 7th, 2010

Part 1: Length of Stay

The other day I heard that even with increased taxes and program cutbacks, within a few years the rising costs of medical care would overcome those efforts to keep the US financially healthy. While we might not have “signed up” to solve the country’s financial problems, you can bet that those who did sign up to solve them will be putting huge pressure on the health care industry to control costs, while maintaining care quality.
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Controlling Costs: Lots of questions; any answers?

March 18th, 2010

Like most people, I’ve been following the Healthcare Reform debate. A year ago, when it all began, we seemed to be about two problems — access and costs. But all the action to date has been around access – with the insurance industry in the cross hairs. Once something happens there, however, the attention will surely shift to costs, which I think will make access look like a much easier problem.
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Reducing Variance Is Key to Increasing Value

March 1st, 2010

The secretary of the Department of Health and Human Services (HHS) has been instructed to “provide affordable, quality health care for all Americans and reduce the growth in healthcare spending.” As HHS seeks ways to get more for less, most of us believe value based purchasing (VBP) could be a transformational agent of change. In the article Healthcare reformers are focusing on value; are you?, published in the August, 2009 issue of Healthcare Financial Management, authors Hal Andrew and Gunter Wessels describe the proposed VBP programs, the challenges they pose to hospital executives, and some proactive steps leaders can take to maintain high performance on outcomes measures while controlling costs.

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Testimonials

  • "Just one of the many metrics that Clairvia improved: we enjoyed a four to seven percent reduction in overtime."

    - Robert L. Dent, FACHE VP and CNO, Midland Memorial Hospital
- Stephen Bowerman, Chief Financial Officer, Midland Memorial Hospital
  • "It's very powerful to forecast both high census and high-care patients. Because of this, we have utilized Clairvia to help with patient throughput and manage daily operational budgets at the bedside."

    
- Tracey Kasnic, Vice President of Patient Care Serivces, Central Washington Hospital
    
- Steven Jacobs, Chief Financial Officer, Central Washington Hospital
  • "Like many hospitals, we’re in a highly competitive environment. We must deliver high-quality care while, at the same time, manage costs and increase revenue. The key is effectively managing patients throughout every phase of their care."

    - Ron Stahl, MD, Chief Medical Officer, Crouse Hospital