HMC Clinical Service Benchmark
Clinical benchmarking is crucial for operational performance. However, benchmarking accuracy depends on having effective severity-adjusting methods,and being able to isolate clinician- impacted costs. It also requires making proper case-mix adjustments when looking at service line and roll-up comparison. It must also adjust for regional wage and cost differences. HMC’s Clinical Service Benchmark does the following:
- Defines problems. It is enabled to use both MSDRGs and or APRDRGs. It also offers summaries to show managers where to focus on improvement: By service lines, DRGs, severity levels, physicians, ancillaries, and nursing services. It also evaluates both direct costs and lengths of stay. It also offers support to create an improvement plan.
- Creates relevant comparisons. HMC maps your direct costs to component cost buckets, and running information through the appropriate groupers. It also compares like DRG, Severity and Adult or Pediatric cases to each other, internally and externally, for accurate analysis.
- Combats off quality. Integrated quality calculations allow you to see the extent of off-quality cases as measured by AHRQ’s Safety and Quality indicators or JCAHO’s Core process, and the extra costs they incur. This will assist in efforts to rid facilities of these avoidable expenses.
Clinical Service Benchmark