MedeFinance Intelligence™ empowers Trusts to adapt to the changing healthcare environment. Our Web-based analytics platform enables healthcare providers to have clear visibility into their financial and operational data. MedeFinance Intelligence™ provides the right tools and services to help identify your problem areas and root causes, develop executable work lists, and intelligently monitor and improve your organisational performance.

MedeFinance Intelligence™ helps you answer questions like these:

• Will the funds received from the NHS cover our costs?
  
• Which HRGs are not profitable and how can we improve financial performance?
• How are trimpoints and bed blockers affecting our bottom line?
  
• Are our activities tracked and coded correctly to ensure accurate payment from the NHS?
  
• How is our organisation performing relative to others in the sector?
  
• How well are we managing our capacity and throughput at the organisation, departmental, HRG, or consultant level?
  
• How well are we managing waiting times?
  
• How should we manage our resources to take advantage of financially rewarding opportunities?
  
• How well is our organisation performing against NSF and other national target measures?
• How can we achieve and maintain Foundation Trust status?

MedeFinance Intelligence™ gives a complete picture of the activities provided to your patients. The analytical power of MedeFinance Intelligence™ allows healthcare Directors and their staff to:

Maximise profitability. Manage cost and income at the Trust, specialty area, HRG, and activity level.

Analyse profitability at every level – from Trust to individual spells. Find and address outliersthat drive up your costs. Understand the financial impact of operational inefficiency and pin-point problem areas. View financial status by HRG, department, consultant, and other customised dimensions. Forecast income - trend current activity to predict end-of-year results. Bring focus to highest grossing activities. Discover miscoding, and correct issues before they impact your funding.

Improve operational efficiency. Effectively manage demand, capacity and access.

Get on-demand access to activity data. Understand current demand and trend past activities. Monitor waiting times, set targets and address underperforming areas. Measure your performance against national and customised targets. Dynamically customise benchmarks. Measure your performance against specific NSF targets. Understand the opportunity cost of waiting list activities. Prioritise waiting lists by HRG to maximise operating surplus. Develop performance scorecards. Address problem areas and recognise well-performing departments and individuals. Trend waiting times and patient volume to forecast market needs. Focus on high volume, profitable activities and mobilise the right initiatives to maintain quality and keep costs low. Ensure that your organisation is addressing the key metrics to achieve and maintain Foundation Trust status. Facilitate inter-departmental collaboration. Provide data transparency across the Trust to audiences at all organisational levels.

Dynamically compare your performance against customised benchmarks from Trusts across England.

Compare your current or historic performance against actual data from Trusts. Benchmark metrics such as costs, operating surplus, waiting times, cancelled operations, readmissions, number of spells, and bed days. Compare at the organisation level or drill down to specialty areas and HRGs. Dynamically measure performance against a specific Trust, a regional average, a national average, or a customised peer group by picking and choosing individual Trusts. Understand your strengths and identify areas of improvement relative to your peers.