Acropolis' Performance Analytics provide the valuable insight needed to allow decision makers to quickly and confidently seize new opportunities and create greater value for the organization.

Cost of Care:

Delivering greater value (care outcomes) at a lower cost is the mandate for the healthcare industry. There are a variety of metrics to asses outcomes but most hospitals do not have visibility into the true cost of care to deliver those outcomes. Optix Consulting Group leverages best of breed solutions from our partners to deliver cost analytics and decision support for hospitals, rehabilitation centers, and other delivery organizations to provide visibility into the true cost of care for all services and resources consumed based on their true consumption. Whether your goal is to leverage the popular Time Driven Activity Based Costing (TDABC) methodology or use RVUs or other means of assigning cost, Optix can help you develop an appropriate costing solution to help you understand and manage your costs.

Methodology — Optix delivers these results through a defined methodology that links EMR data to effort required from care delivery professionals without sacrificing what makes healthcare unique – namely that patients aren’t widgets. We work with your team to understand your specific challenges and how your clinicians deliver care to ensure that patient care costs at your hospital are representative of how that care is delivered.

Time to Value — For those institutions that have already begun a TDABC project using the condition centric process mapping approach, we can swiftly translate the existing process maps into a sustainable and repeatable cost calculation process using partner technologies that can minimize some of the manual effort required to support the process map methodology. For others who have not developed comprehensive condition centric process maps, our proprietary methodology aligns the TDABC concept with transactional data that can speed deployment and rollout across the hospital by not relying on the development of voluminous condition specific process maps. This allows your internal teams (finance, performance improvement, and others) to have access to accurate data for decision support more quickly and to be able to focus less on developing and maintaining comprehensive process maps and more on process, cost, and performance improvement.

Repeatability — Through our methodology and incorporation of best of breed solutions, the results generated can be re-run period over period for continuous measurement, management, and improvement with minimal overhead and management.

Our consultants have in-depth skills and knowledge of cost accounting and our partner solutions to deliver cost of care as well as profitability insights and analysis, and cost based decision support for your institution that empowers the C-suite, finance/accounting, as well as clinicians throughout the institution.

 

Cost-to-Serve Analytics:

Our partner solutions are purpose built for accurate cost assignment and the production of multi-dimensional P&L statements for review and analysis.

Are you resource constrained for individuals who will provide ongoing management and maintenance of the cost and profitability model? Let the team at Acropolis help you by providing ongoing support and management of the cost to serve model freeing your team up to perform analysis, identify and target opportunities for improvement, and manage your internal consumers of the cost to serve details.

True Production Costing:

Many manufacturing organizations continue to measure performance and profitability for customers and products based on standard costs created through an onerous standard cost creation process. These standard costs are augmented by variance accounting that generates an appropriate corporate net profitability but hide the true value created or destroyed by products and the purchasing customers. By examining the true actual cost of production period over period and aligning variances and indirect overhead appropriately to actual production, organizations gain a great deal of insight into true product and customer performance. Acropolis consultants have delivered numerous successful actual product costing engagements that have led to enhanced decision making for our clients. If you are a manufacturer, find out how Acropolis delivers granular insights that can help decisions makers from sales and marketing to operations identify and drive continuous value to the organization.

Planning and Forecasting:

"What is past is prelude…"   — William Shakespeare

The past can tell us a great deal not only about the past but about the future as well. But focusing only on past performance can hamstring organizations. Organizations in volatile markets and industries or organizations in highly competitive industries have a particular need to be able to predict the future accurately and understand the impact of various scenarios on business performance. Acropolis leverages a best of breed solution for forecasting and planning that empowers your team, provides valuable insight, and allows you to effectively plan and to easily interpret differences between plan, forecast, and actual results.

Technology Integration and Business Intelligence:

Whether your challenge is simply having better visibility into data that is currently being tracked in your organization for better decision support or you are looking to integrate disparate data systems to help your team be more productive and eliminate manual data mappings and integration, our team has the resources that can help you translate your existing business requirements into an integration plan and develop the appropriate integrations to make your team and your organization extract value out of the varied data sources in your organization.