A Margin-Driven Approach to Strategic Planning

Profit Margin Analytics is a web-based business intelligence solution that leverages cost, revenue, contract, clinical, and marketing data for granular margin analysis and service line planning. Mede enables decision-makers to benchmark medical costs and compare the profitability of procedures, physicians, payer contracts, and patient types. This margin analysis is enhanced with third-party demographic data to drive service line planning and marketing strategies.

Automated Charity Screening

• Compare costs and margins by service line and physician
• Understand contract performance and reimbursement trends
• Benchmark ALOS and medical costs by service line and procedure
• Analyze demographic and admission trends for strategic marketing
• Optimize consumer pricing based on margins and market trends

Granular Margin Analysis Compare costs and profit margins by service line, physician, procedure, payer, contract type, etc. Identify root causes and specific areas for operational improvement. Benchmark Clinical Costs Compare clinical performance and physician profitability based on severity adjusted data. Identify potential outliers, coding errors, and compliance issues. Optimize Payer Contracts Examine payer reimbursement trends and the impact of contract terms on hospital margins. Negotiate smarter contracts that maximize profitability. Marketing and Strategic Planning Understand demographic and admission trends for strategic marketing of profitable service lines. Leverage third-party demographic data for local market analysis and growth strategy. The Mede Business Intelligence Platform Profit Margin Analytics is part of a full suite of healthcare analytic solutions delivered on the Mede business intelligence platform. By aggregating disparate data systems and providing web-based analytics to business decision-makers, Mede provides a comprehensive solution for business performance management.