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 realise cost savings and optimise 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 organisation—resulting in decisions you can stand by and impact you can measure.

How our powerful
Financial Control Suite can support you

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.

Costing

Gain more grip and control to further improve financial and operational results. Our next-generation activity-based costing technology includes a state-of-the-art online application, an experienced support team and powerful benchmarking and reporting possibilities. 

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

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

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

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

Budgeting

Get an objective view of your budget by linking volumes, resources, and finances – effortlessly and in real-time. We help you to improve the accuracy and applicability of budgeting and drive performance improvement programs. 

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Seamlessly link volumes, resources and finances in one budget.

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

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

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

Forecasting

Forecast and monitor volume, revenue, and cost and make adjustments during the year than retrospectively. We help you to make decisions you can stand by, with the impact you can measure.

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Our activity-based costing model empowers 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.

Deliver, regulate and meet standards

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

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.

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Our Appropriate Care tools give you the means to:

Reduce variation among physicians and providers

Identify unwarranted variation in treatment decisions and care processes.

Deep-dive into data adjusted for meaningful differences

Compare disease-specific peer group selections adjusted for case-mix, patient characteristics and complexity scores.

Elevate commissioner contracts from volume- to value-based

Establish objective indicators to qualify for innovative value driven contracts with commissioners.

How does it work?

We’re happy to show you how LOGEX solutions bring clarity to your data. Contact us today for a live demo. 

Real costs saved. Real stories.

Let LOGEX Financial customers tell you how.