BI360 for Healthcare Providers

Enabling World-class Decisions for Healthcare Providers

A Solver Vertical Industry White Paper

Updated: Nov – 2017, Document Version 4

Solver, Inc.

www.solverglobal.com

Copyright © 2017

The Resource Group is a Platinum Partner for BI360. Call 847.287.4760 or email info@resgroup.com for more information.

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Copyright Solver, Inc., 2017 BI360 White Paper | Page 2

Table of Contents

Table of Contents ........................................................................................................................ 2

Introduction ..................................................................................................................................... 3

Architecture Overview .................................................................................................................... 4

HLT00 – Healthcare Benchmarking Dashboard .............................................................................. 5

HLT01 – CEO Dashboard .................................................................................................................. 6

HLT02 – CFO Dashboard .................................................................................................................. 7

HLT03 – Revenue Dashboard .......................................................................................................... 8

HLT04 – Claims Dashboard .............................................................................................................. 9

HLT05 – Clinical Dashboard ........................................................................................................... 10

HLT06 – Patient Satisfaction Dashboard ....................................................................................... 11

HLT07 – Supplier Quality Dashboard ............................................................................................ 11

HLT09 – Claims Report .................................................................................................................. 13

HLT10 – Profit & Loss Detail – Clinics Across Columns ................................................................. 14

HLT11 – Statement of Operations with KPIs ................................................................................. 15

HLT12 – Profit & Loss Variance Report ......................................................................................... 16

Acronyms ....................................................................................................................................... 17

Copyright Solver, Inc., 2017 BI360 White Paper | Page 3

Introduction

BI360 is a leading web-based Corporate Performance Management (CPM) suite made up of

budgeting, reporting, dashboards, and data warehousing, delivered through a web portal. BI360

is offered for cloud and on-premise deployment and represents the next generation of CPM

solutions. BI360 empowers business users with modern features including innovative use of

Excel in the model design process. End users have anytime, anywhere access from a modern

Web Portal and Mobile Apps.

The features that differentiate BI360 from other CPM applications are:

1. Available both for cloud and on-premise deployment. 2. Third generation Excel add-in for simple or complex reporting and budgeting template

design.

3. Modern Excel, Web and Mobile end-user front-ends for easy access to information and

powerful collaboration.

4. Pre-Configured and extensible, “smart” data warehouse.

5. Deployed as individual Modules or as a single, comprehensive CPM Suite with a single

security model and deployment.

https://www.solverglobal.com/products/industries/distribution-reporting-and-budgeting-and-dashboards

Copyright Solver, Inc., 2017 BI360 White Paper | Page 4

Architecture Overview

Below you can see a simplified architecture with all the BI360 modules. The Reporting,

Budgeting and Dashboard modules can both run live on a number of different ERP systems as

well as off the BI360 Data Warehouse.

Note: For more detailed information about BI360, please email info@solverglobal.com and request the document: ”BI360 White Paper – Overview of the BI360 Suite”. You can also learn more about Bi360 for

Healthcare providers here.

mailto:info@solverusa.com https://www.solverglobal.com/products/industries/healthcare-reporting-and-budgeting-and-dashboards

Copyright Solver, Inc., 2017 BI360 White Paper | Page 5

HLT00 – Healthcare Benchmarking Dashboard

This dashboard example compares key financials between your own company and selected

Healthcare companies. It shows the capability of using the BI360 Data Warehouse to load data

from external data sources and then to design dashboards with the BI360 Dashboard module for

user-friendly graphical analysis, in this case used for benchmarking.

Copyright Solver, Inc., 2017 BI360 White Paper | Page 6

HLT01 – CEO Dashboard

This is an example of an executive dashboard. It shows the use of the BI360 Data Warehouse to

combine numerous important data sources and, on a single dashboard, present whatever a

company determines as the most essential information to an executive. In this sample

dashboard, the following information is included:

 Actual vs Budgeted Revenues - Monthly

 Actual vs Budgeted Revenues – Twelve month trend

 Gross Margin – Twelve month trend

 Inventory turnover rate by distribution center

 Top Customers with drill down to Items

 Top Products (Items) with drill down to Customers

 Top Suppliers

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HLT02 – CFO Dashboard

This dashboard example focuses on summary level Revenues, Expenses, Profit, AR and Bad Debt.

The following information is included:

 Actual vs Budgeted Revenues – with drill to Revenue Account

 Actual vs Budgeted Revenues – Twelve month trend

 Actual vs Budgeted Expenses – with drill to Healthcare Facility

 Actual vs Budgeted Expenses – Twelve month trend

 Actual vs Budgeted Profit – with drill to Healthcare Facility

 Actual vs Budgeted Profit – Twelve month trend

 Accounts Receivable (AR) Trend – with drill to Healthcare Facility

 Bad Debt Trend – with drill to Healthcare Facility

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HLT03 – Revenue Dashboard

This dashboard example provides easy to use revenue analysis from different viewpoints such as

by Facility, Patient Type, DRG Group, Physician and Source. The following information is

included:

 Revenue by Facility – Ranked, with drill to Department

 Revenue Trend – Twelve month trend

 Revenue by Patient Type

 Revenue by Source

 Revenue by DRG – Ranked, with drill to Department

 Revenue by Physician – Ranked by billing amount

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HLT04 – Claims Dashboard

This dashboard example focuses on claims metrics. The following information is included:

 # of Claims vs Claims Paid – drill to Payor and Physician

 # of Claims vs Claims Paid – Twelve month trend

 Claims Rejections by Reason – drill to Payor

 Accounts Receivable – Thirty Six month trend

 Top Payors – Ranked by reimbursement, drill to Physician

 Top Physicians – Ranked by % of Claims, drill to Payor

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HLT05 – Clinical Dashboard

This dashboard example helps healthcare administrators analyze key clinical related metrics

such as Admissions, Average Length of Stay (ALOS), Average charges and Patient Count by Type.

The following information is included:

 # of Admissions by DRG

 Admissions and Readmissions – Twelve month trend

 # of Readmissions by DRG

 Average Length of Stay (ALOS) – Twelve month trend

 Average Charge per DRG – drill to Facility

 Count by Patient Type

Copyright Solver, Inc., 2017 BI360 White Paper | Page 11

HLT06 – Patient Satisfaction Dashboard

This dashboard example focuses on Patient Satisfaction metrics and includes information such

as: Satisfaction by facility and patient type, Wait Time by facility and patient type, Post Care

Support Visits by facility and patient type, Avoidable Readmission by Facility and Patient Type.

The following KPI information is included in this example:

 Overall Satisfaction by Facility - Ranked by Facility

 Overall Satisfaction by Patient Type

 Overall Satisfaction – Twelve month trend

 Wait Time by Facility – Ranked

 Wait Time by Patient Type

 Wait T