Detailed costing and financials unite to give healthcare administrators the information they need to affect change
Navigating the trends that impact today’s healthcare landscape — factors such as governmental mandates, fluctuating patient volumes, increasing competition, evolving business models and uncertain reimbursement systems — requires more detailed insight into the costs associated with the delivery of high quality care. The Grant Thornton RxCI solution is designed to give providers the ability to create, report, analyze and respond to cost-of-service information from multiple perspectives, compartmentalizing a wealth of clinical data to enable administrators to make meaningful comparisons that result in decisions which positively impact operating results.
A pre-built solution comprising of Oracle Business Intelligence Foundation Suite, Oracle Hyperion Profitability and Cost Management, Oracle Enterprise Healthcare Analytics (EHA) and associated applications, RxCI combines an innovative costing model, integration points, pre-built reports and dashboards and proven methodologies with Grant Thornton’s change management and Healthcare Advisory Services to give healthcare providers actionable information with fast time-to-value.
“The ability to accurately measure the cost of care allows our clients to improve performance, optimize quality and proactively manage their continuum of care under FFS, value based purchasing, bundled payments or population health. The Grant Thornton RxCI helps clients expedite turning detail clinical and cost data into actionable management information,” said
“As health systems increasingly move from fee-for-service reimbursement models to shared risk models with increasing requirements for cost transparency, it will be critical for them to understand the real costs of care delivery. We are excited to work with
Ideal for health care facilities in excess of 1,000 beds or 1,000 physicians, the RxCI will be generally available on
“Grant Thornton” refers to
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