PowerHealth OnDemand Announces Significant Financial and Operational Performance Improvement for Jordan Hospital
PowerHealth OnDemand, a global leader in providing Cloud-based business performance management and cost accounting solutions for hospitals and healthcare organizations, is pleased to announce its market leading solution has enabled Jordan Hospital to achieve considerable results.
PowerHealth OnDemand focuses on uniquely solving the information gap for trusted financial, operational, and quality performance needs of community hospitals, which comprise 73% of the North American hospital market. – source: Community Hospital 100. Jordan Hospital is a 155 bed; full service community hospital located in Plymouth, MA and is a provider member of Jordan Community ACO. The hospital annually services approximately 11,000 patient admissions, over 300,000 outpatient visits, 6000 surgeries, 52,000 ED visits, and 650 deliveries.
“Helping community hospitals, like Jordan Hospital, deeply understand their business, operations, and the overall quality of their healthcare delivery is what we do better than any other technology provider in the category,” said Paul Evans, CEO of PowerHealth OnDemand. “It is gratifying to know we are enabling Jordan Hospital with trusted data and information to support their strategic and operational decisions. We are also honored to have them as an integral part of the PowerHealth Community, and look forward to further enabling the leadership team to realize great results, well into the future.”
Jordan initially invested in PowerHealth in 2007 to streamline their cost accounting and enterprise reporting. The solution recently proved to be vital in providing seamless access to trusted financial information through a major HIS conversion. During 2011, Jordan tapped PowerHealth OnDemand to support Jordan’s strategic LEAN Performance Improvement activities. Automated, dynamic reports and dashboards have been created for use in measuring, reporting and analyzing operational performance in the Emergency Department and OR. Using PowerHealth, Jordan Hospital directors and analysts can also now easily access their OnDemand Interactive Income Statements for departmental budgeting performance, has clear visibility to all related business planning and financial data, and has the ability to dynamically drill down analysis by entity, by division, by department and/or by expense account. Most importantly, all of Jordan Hospital’s data is available from single source. Additionally, Jordan has a trusted insight into:
Complete cost of care at patient and physician level
Service line management
Flexible reporting (by location, DRG, physician, patient type, etc)
Detailed GL reporting and analysis including budget variance by department
Labor and materials management
Over 64 key performance measures to support LEAN performance improvement
Operating Room performance management linked to surgeon, block times, materials, and labor scheduling
Capital purchase decisions (ROI)
“Our hospital is focused on continually improving overall quality, cost efficiency and patient satisfaction. That requires real-time information so our team can manage to goals on a timely basis,” said Gail Robbins. “PowerHealth OnDemand is a fantastic partner for us. They have demonstrated that their solution can help us to improve our hospital’s efficiency. PHOD offers a combination of standard as well as custom reporting that has been invaluable to us. Their responsiveness to our needs has been key to our successful partnership. At the end of the day, the technology has proven to be a key asset in helping our hospital understand how to best use its resources and manage through the next phases of Healthcare Reform.”