Patient Level Information Costing System

Patient Level Information Costing System (PLICS)

IQVIA's PLICS, a patient costing solution, designed to help you better analyze your cost built using a bottom up Activity Based Costing methodology, developed by team of cost accountants specializing in Healthcare.

Challenges faced by Healthcare Provider organizations today

From rising operational costs to ever-changing regulatory frameworks, running a healthcare provider organization profitably is getting increasingly complicated.

  • Actual Cost: No insights into true cost of treating a patient
  • Profitability: Unable to identify which services are profitable and which are not
  • Accuracy of Costing: Lack of surety on whether you are being paid enough for each patient
  • Operational Efficiency: Unable to measure if you are operating at peak efficiency

Introducing PLICS

Patient Analytics tools to provide you with instant insights on your cost and budget.

PLICS analyzes cost at a granular encounter level to understand and improve the financial performance and sustainability of the hospital, helping you get answers to your challenges.

Benefits

Overview

Features

From rising operational costs to ever-changing regulatory frameworks, running a healthcare provider organization profitably is getting increasingly complicated.

Any Questions?

Here are the most common questions. Contact us today to find out how we can deliver value to your organisation.

Our solution highlights the financial inefficiencies in your organization, if any and helping you create a strategy for an efficient organization. In fact, one of our clients realized a savings of over half a million dollars, within 6 months of using our service.
Yes, PLICS ships with Overnight Costing, which helps Providers and HCPs to generate the costing reports on a daily basis.
Our team of Health financial experts will work with your organization to create the right financial model. Once the model is created and the solution is deployed the data from EMR and ERP systems is run through these models to generate the reports.
Yes, comprehensive training sessions are conducted, stressing on the cultural and contextual needs of the provider organization. Training ensures staffs across various departments can use the application in delivering value to the organization.
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