| Navigate Profitability
| Community Analytics
Navigate Profitability is a powerful internet-based benchmarking solution that offers front-line managers, as well as senior leadership, a tool to improve understanding of profit and loss for Medicare cases their facility treats.
By analyzing your hospital’s highest volume MS-DRGs, Navigate Profitability can help:
- Identify supply chain and financial problem areas
- Compare performance to other organizations
- Prioritize improvement opportunities
Many organizations struggle to produce accurate and timely reports of service line costs and profitability. Navigate Profitability employs algorithms that calculate the cost by MS-DRG for every facility in the country. Users can generate reports for comparisons to peer facilities on a local, regional and national level, based on:
- The MedPAR dataset.
- Individual hospital cost reports submitted annually at a departmental level.
Navigate ProfitabilitySM Reports
Navigate Profitability Reports provide a number of financial benchmarks which can be viewed as either totals or averages including:
- Reimbursement Summary
- Detail Percent of Cost
- Trend Report
- Payment Summary
- Detailed Charge/Costs
- Financial Metrics
- Supply Chain Metrics