Financial

Controlling costs and streamlining operations shouldn’t have to be a struggle.

At LOGEX, we believe that getting a grip on your performance should be a rewarding endeavour.

That’s why we’ve designed our solutions to give you clarity and control over finances and operations—while making it easier than ever to realize cost savings and optimize operations.

It all begins with activity-based costing, but it doesn’t stop there.

Our innovative activity-based approach gives you unparalleled insight into every aspect of your organization—resulting in decisions you can stand by and impact you can measure.

We support our clients in three critical areas:

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.

Physician Performance

Better care begins on the workfloor, in the hands of physicians. When they feel supported and empowered to perform at their very best, the whole organisation wins.

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Our Physician Performance insights help you:

Quantify and benchmark performance

Analyze how hospitals, departments and medical professionals perform against benchmark data.

Optimize productivity, from diagnostics to care provision

Find opportunities to improve consultations, surgeries, hospitalizations and more.

Understand clinical vs. patient-reported outcomes

Evaluate quality via procedural compliance and clinical and patient-reported outcomes.

Understand patient characteristics

Get a better grasp of patient population and segment it meaningfully.

Appropriate care

Bring down costs by providing the right treatments, at the right time. We help you take the first step, starting with a critical assessment of treatment options and care processes.