What's new
Welcome to Axiom Enterprise Decision Support 2021.2!
Enhancements in this release include:
Directed workflow for cost modeling
Axiom Enterprise Decision Support now includes a directed workflow structure that walks a user through the process of creating and processing a cost model. This ensures that users complete the set up in the correct order and without missing steps. It also simplifies the costing process and ensures that it is successful. Behind the scenes, a new data model allows versioning of tables and cost model management, while on the user interface side, we have made improvements to the look-and-feel and usability of the process steps.
You can now create a what-if cost model and use it to compare to your production models.
Processing a current cost model for closed periods
You can now run interim costing for a current cost model on a recurring basis. For example, your organization may run a cost process monthly during the current fiscal year when only certain periods close so that the debits and credits used to calculate the cost comes from the same time period.
Axiom is a database of information that you may want to change to help you create reports that are meaningful and specific to your organization. You can take existing data and alter it to get the information that you need. You manipulate Axiom data by using data transformation definitions. These definitions allow you to define how, when, and where to change values in the database using different calculation types. The results of calculations can then be stored in certain Axiom fields, and then used for reporting.
Define encounters for analysis
You can define and gather encounters together to easily analyze populations so that your organization can address a wide variety of business questions or challenges. This allows you to look at a problem and identify the affected population. For example, you may want to evaluate the causes behind readmissions or find out what hip replacement patients are still experiencing joint pain more than three months after surgery.
Processing a current cost model for closed periods
You can now run interim costing for a current cost model on a recurring basis. For example, your organization may run a cost process monthly during the current fiscal year when only certain periods close so that the debits and credits used to calculate the cost comes from the same time period.
The Cost Comparison dashboard provides comprehensive profitability by service line, physician, case type, and payor mix to quantify volumes, cost, revenue, contribution margin, and net income by service line and physician. With this dashboard, you can Identify specific opportunities for cost reduction.
COVID Impact is a collection of dashboards with Axiom Intelligence visualizations that enable users to analyze how COVID-19 is affecting their institutions, from both cost and utilization aspects. In addition, information about COVID patients include demographic and geographic information, details of treatments for each patient encounter, and payor information. The data presented can help the institution analyze their current handling of COVID encounters and provide data for planning.
Physician Variations dashboard
Physician Variations is a collection of dashboards with visualizations that allow users to analyze variations in care and costs for physicians and service lines. Using these dashboards, both efficiencies and costs are compared across the institution.
The Service Line dashboard provides comprehensive profitability by service line, physician, case type, and payor mix to quantify volumes, cost, revenue, contribution margin, and net income by service line and physician.
Volumes and Financials dashboard
Volumes and Financials provide details for all encounters, including encounters and costs, trends, net incomes, and inpatient mortality.
