Believe it or not, processes such as budgeting, cost accounting and strategic planning should make life easier. They should simplify the staggering complexity that healthcare organizations face today. Unfortunately, they are often disconnected from each other and lack analytics, limiting their effectiveness. They should all work together in a single system. This approach is the only way for healthcare organizations to evaluate true financial performance and plan for the future. Clients have turned to Allscripts EPSiTM for integrated performance management. Here’s how three organizations have used the solution: 1.        Recovered $4.5 million in underpayments Robert Wood Johnson University Hospital (New Brunswick, NJ, U.S.A.) recovered $4.5 million in underpayments its first two years of using the EPSi Product Line Analysis Contract Modeling tool. That includes recurring annual savings of at least $1.5 million. With EPSi, RWJUH better understands the […]

Robert Wood Johnson University Hospital (RWJUH) in New Brunswick, NJ, has an integrated view of its finances and operations with Allscripts EPSiTM. The organization recovered $4.5 million in underpayments its first two years of using EPSi’s Product Line Analysis Contract Modeling tool. You can read more in a recent case study. Prior to implementing the Allscripts EPSi modules Cost Manager, Product Line Analyst and Enterprise Management Dashboard in September 2011, RWJUH had limited financial and patient data reporting capabilities. Before EPSi “There was always a level of skepticism with our reports back then,” said RWJUH senior financial analyst, Michael Piagentini. “Is that the true fully-loaded cost for that service? It was hard to know for sure.” This uncertainty was particularly difficult when RWJUH negotiated contacts with payers. Contract modeling saves the day at the negotiating table Contract negotiations between healthcare […]

A wise person once said, “Save one life you’re a hero, save 100 lives and you’re a nurse.” But how exactly do you measure quality in such a heroic profession? At Robert Wood Johnson University Hospital (RWJ) (New Brunswick, NJ), achieving quality in nursing is a top priority. The academic medical center employs 1,600 registered nurses to help manage more than 600 inpatient beds. In 2011 and 2012 the hospital took top honors for outstanding nursing quality in an American Nurses Association recognition program based on its National Database of Nursing Quality Indicators® (NDNQI®). The database collects and evaluates unit-specific nurse-sensitive data from hospitals across the United States. Methods that earned RWJ honors for quality nursing At our annual client conference, ACE, we learned more about how RWJ achieved success from Nicole Martinez, RN, director of nursing informatics. She credits […]