Discover the power of benchmarking
COMING JUNE 1, 2010:
IMPACT™ Diagnostics
IMPACT Diagnostics provides definitive world class decision support for hospital executive management teams that must act now. IMPACT Diagnostics takes you beyond the benchmarks, and leads you to a customized cost-reduction action plan.
IMPACT Diagnostics combines state-of-the-art analysis of your data with your team's unique operational knowledge to identify specific steps to reduce costs and maintain quality. IMPACT Diagnostics is fast, cost-effective, unobtrusive, and does not require the use of outside consultants.
First: The Benchmarks
- Included with your IMPACT Diagnostics service plan is IMPACT! Custom Benchmarks - the field's most trusted department staffing benchmarks.
- Our database compares your labor and activity data against validated client data from more than 600 hospitals and 18,000 departments.
- Peer groups are selected to match the unique characteristics of your hospital and its departments including size, setting, teaching status, workload, and case mix.
- Hospitals with and ADC between 2 and 300 can typically benchmark departments accounting for 85% to 95% of FTEs.
Next: The Diagnosis
- IMPACT Diagnostics utilizes powerful algorithms capable of searching department-level labor and unit of service data for patterns associated with key performance limiting factors.
- IMPACT Diagnostics applies these algorithms against your data to produce a customized self-assessment questionnaire.
- The hospital's executive management team meets in a working session to complete the self-assessment questionnaire.
Finally: The Solutions
- IMPACT Diagnostics produces a focused cost reduction plan that:
- Recommends specific cost reduction/performance improvement actions.
- Prioritizes recommendations based upon potential impacts.
- Identifies essential participating departments and positions
- IMPACT Diagnostics identifies tremendous potential reductions in unnecessary labor expense year after year, without the expense and trauma often associated with the use of outside consultants.