HEALTHCARE PROVIDER SOLUTIONS

Enhance your clinical costing analysis

IQVIA's Patient Level Information Costing System (PLICS), is built using a bottom-up activity-based costing methodology to help you better analyse your costs. It allows a clinical audience to view and assess the costs of clinical transactions, along with the resources utilized in patient care.

Patient Level Information Costing System (PLICS)

Optimized cost analysis to improve allocation of resources for the benefit of patients

  • Cost the clinical transactions below the episode and attendance level, allowing the audience to understand decision and resource differences across similar patients.
  • Activity-based costing across the acute, mental health and community sectors.
  • Advanced analytics and key performance indicators levered from your outputs.
  • Understand health inequalities using population health metrics.
  • Bespoke dashboard design, build, and analysis to engage your organisation and add value.

Unlock the benefits of improved costing

Average length of stay (ALOS)

Reduce ALOS and begin standardization in practices

Indirect and overhead costs

Link all indirect and overhead costs to patient activity

True cost of procedures

Determine the true cost of performing a procedure

Efficiency

Benchmark your hospital costs and identify inefficiencies

True income assessment

Income can be assessed against treatment costs

Cost calculations

Patient cost is calculated for each treatment

Income analysis

Analyze your income and costs by encounters, DRG’s, physicians, service line, site and CDM

Delivered by experts

Customized financial model for your organization created by healthcare costing experts

Simplified operational and costing frameworks

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

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