Syntrix Consulting Group specializes in healthcare business analytics and data reporting. They provide Qlik Sense accelerators and expertise to help healthcare organizations produce and adopt analytic applications. One accelerator described analyzes hospital revenue performance, including comparisons of inpatient and outpatient revenue, accounts receivable profiles, and monthly financial reports. The application allows users to assess key metrics and identify opportunities to increase revenue.
2. www.syntrixconsulting.com | 877.SYNTRIX (877.796.8749) 2
Syntrix Consulting Group specializes in
data reporting and business analytics
for healthcare organizations.
We provide tools, processes, and
expertise to accelerate the production
and adoption of analytic applications
in healthcare.
We are a Qlik Implementation Partner
with expertise in multiple EMR systems
including Epic.
877-SYNTRIX (796-8749)
BIAdvisors@syntrixconsulting.com
www.syntrixconsulting.com
3. www.syntrixconsulting.com | 877.SYNTRIX (877.796.8749)
Hospital Revenue Performance
• This Qlik Sense® application explores
trends and drivers of a hospital revenue.
It assesses revenue and AR balance by
service and financial class. It provides and
in-depth view of inpatient and outpatient
revenue profiles. It also illustrates the use
of an extension to create a MTD | YTD
report typically used by Finance
departments.
• Key Metrics: Outpatient Revenue,
Inpatient Revenue, LOS and Financial
Class Volumes
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The Qlik Sense application described in this document utilizes synthetic healthcare data only.
4. www.syntrixconsulting.com | 877.SYNTRIX (877.796.8749)
Analyzing Hospital Revenue Performance
• Common Hospital Revenue Challenges
• Revenue Overview
• Top Performing Areas (IP/OP)
• IP Revenue by LOS and DRG
• Revenue by Financial Class
• Accounts Receivable Profile
• Monthly Financial Reports
Application Screenshots
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Key Questions
• What are the most profitable services for IP and OP operations?
• Is IP revenue up because of higher admissions or longer stays?
• Which payer has the highest outstanding AR?
• What are the top/bottom revenue centers and where are opportunities
to further increase revenue?
Audience
• CFO
• Finance Directors
• Service Line Managers
• Financial Analysts
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Effective Inpatient vs Outpatient Comparison
• IP and OP revenue breakdown
• Related dimensions are similarly colored for
effective visualization
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Outlier: high revenue low IP days
Outlier: low revenue high IP days
As the IP Days go up the revenue
goes up, but it plateaus around
50 IP days
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Color coded by Inpatient
and Outpatient to easily
associate KPIs to Pie Charts
Easily drill down into each
Financial Class
Quickly identify top revenue
services for each financial
class
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Bar Charts to identify AR
Age Buckets groups
Pivot Tables are effective
displaying details in a
condensed space