How LOGEX helps Gelderse Vallei Hospital translate JZOJP initiatives to impact on production budget 

About the client

Gelderse Vallei Hospital (ZGV) has been working with LOGEX for several years to increase its grip on the P&C cycle. The hospital is also actively working on Correct Care in the Right Place (JZOJP). The insights from LOGEX reflection sessions were used to analyse the practice together with the medical specialists and to formulate efficiency initiatives.

The challenge

The hospital faced the challenge of accommodating the increasing demand for care in the hospital in its production budget – within the framework of the health insurers and the national master plan agreement.

The ZGV formulated 15 initiatives to deliver more efficient care. Each topic was carefully identified based on an analysis of care processes and practise variation.

Calculating the effect on the patient’s entire care process is complex. LOGEX has supported ZGV in this process.

The solution

LOGEX helped ZGV to quantify the effects of each initiative so that the hospital could draw up a well-substantiated production plan and hold constructive talks with professional groups and health insurers.

The expected turnover reduction of the initiatives was such that it was possible to align the production budget with the agreements with the health insurers.

The help of LOGEX was enormously valuable to make our JZOJP initiatives more specific, enabling a translation into the financial budget. This also helped the consultation with the relevant departments.

Remco Siemes, Production Controller, Hospital Gelderse Vallei

Financial Control

Our Financial Control suite enables you to gain mastery over patient volumes, resources and finances for the entire organisation, leading to better financial performance—with the numbers to prove it.

We cover the full spectrum of financial and operational processes, from costing and budgeting to forecasting and contracting. 

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  • Costing
  • Budgeting
  • Forecasting

Our activity-based costing model empowers you to:

Simplify cost calculations

Make cost calculations for healthcare providers that are easy to understand, apply, and optimise.

Optimise resource allocation

Allocate resources and costs to patients, care activities and episodes.

Improve through benchmarking

Benchmark unit costs with national and international peers to identify areas for improvement.

Meet regulatory standards

Deliver information to national regulators automatically and in full compliance with National Cost Collection requirements.

Our activity-based budgeting model makes it possible to:

Build and benchmark budgets

Seamlessly link volumes, resources and finances in one budget.

Anticipate and respond to future demand

Match the deployment of resources and manpower to the future demand for care.

Zero in on areas for improvement

Determine how portfolio choices impact operations, and spot areas for improvement.

Involve physicians and managers in budgeting

Bottom-up budgeting functionality facilitates collaboration with non-financial stakeholders.

Our forecasting model enables you to:

Forecast and monitor volume, revenue and cost

Stay on top of expected vs. realised volumes, revenues and costs on a near real-time basis.

Analyse and factor risk into payer contracts

Automate value-at-risk calculations for all contractual agreements with commissioners.

Leverage machine learning algorithms

Build and maintain reliable, easy-to-access forecasts based on machine learning algorithms.

Produce timely, compliant reports with ease

Deliver periodic financial results that are fully compliant with national regulations.

The impact

  • LOGEX made a calculation of 15 initiatives, in which a specific objective was set for each topic
  • LOGEX simulated the effects of each initiative using data analysis  to determine the impact on the number of healthcare products and care activities
  • LOGEX then provided clear reporting of all calculation steps, so that each topic could be discussed by the hospital with the departments

Would you like to quantify the effects of your care initiatives and create a production budget for your hospital?

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