Financials

Use this report to analyze costs in several categories:

  • Net income (or loss) for encounters

  • Net income (or loss) by financial class

  • Cost of inpatient encounters

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Slicers

This report provides filtering options that let you create a set of data, giving you the option of viewing the precise data you want to view.

Entity

The entity drop-down lists all of the clinics, hospitals, and other entities that comprise your institution. You can choose to view all of those entities or select a single entity to view.

Patient type

The patient drops-down lists the ways a patient was seen, such as inpatient or outpatient emergency. The list will show the patient types used in your organization.

Age

The age drop-down lists these age categories: 0-17, 18-49, 50-64, 65-84, and 85+. You can also select all or blank.

Discharge date range

This control lets you select a range of dates of discharge. You can use the slider or, for more precision, click on each date box to choose a date from a calendar.

TIP: Use the dashboard tools to view, export, and sort the data; view data as table; and more.

Viewing encounter data

This filter contains three visualizations.

Net income for encounters

This table contains a list of all encounters that occurred in the discharge date range for the patients and entities that you chose.

You can choose between three different views of the table: by DRG, by patient type, or by age group.

DRG view

This view presents encounter financial data with a focus on individual encounter types.

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DRG All the encounters types that occurred, according to your filters, are listed. The DRG number and the description of the encounter type are provided
Encounters A count of the encounters, according to your filters

Net Revenue

The dollar amount of revenue received for each encounter type
Cost The cost of the encounters to your organization
Net Income The net income is the subtraction of the net revenue from the cost. Dollar amounts enclose with parentheses and shaded red indicate a net loss. Dollar amounts shaded green indicate a net profit

Patient type view

This view presents encounter financial data by the types of the patients.

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Patient type Patient types are: inpatient, outpatient emergency, other outpatients, professional billing, and other
Encounters The number of encounters, according to filters, for each patient type
Net Revenue The revenue received for the encounters for each patient type

Cost

The cost for those encounters
Net income

The net income is the subtraction of the net revenue from the cost. Dollar amounts enclose with parentheses and shaded red indicate a net loss. Dollar amounts shaded green indicate a net profit

Age group view

This view present encounter financial data by standard age ranges.

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Age The age ranges are: 0-17, 18-49, 50-64, 65-84, 85+
Encounters The number of encounters, according to filters, in each age group
Net revenue The revenue received for the encounters in each age group
Cost The cost for the encounters, by age group
Net income

The net income is the subtraction of the net revenue from the cost. Dollar amounts enclose with parentheses and shaded red indicate a net loss. Dollar amounts shaded green indicate a net profit

Net Income by Financial Class

This chart explore the net income for this encounter group by the method of payment.

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The net income for each payment method is given in dollars. The chart also shows that amount as it relates to the cost; marked as $0 on the chart. Items to the left mean the net income was less than the cost of the encounters and are shaded in red. Encounters to the right mean the net income was greater than the cost of the encounters and are shaded in green.

Cost per Encounter

This graph shows the costs of encounters over the range of dates set with the Discharge date ranger slicer. Each month shows an average of for the month. You can move your cursor over the graph to view the dollar values.

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Navigation

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