Financial control model: Health care institutions

The Financial control model is an activity-based management model, matching production, capacity (fte) and financial data in a smart way to optimize means and manpower. This allows for better founded decision-making, based on data and facts.

Costing model

ALLOCATION OF CAPACITY AND COSTS

Are you seeking better insights in the costs of the provided care and how that relates to comparable institutions?

Are you looking for a way to efficiently calculate integral costprices, broadly supported within your organization?

The activity-based costing model provides a way to calculate accurate and comprehensive costprices of medical services. This makes cost calculation for hospitals more comprehensible and more easily applicable. With the LOGEX Benchmark results get context to identify improvement potential and optimize processes

  • MORE GRIP ON THE CALCULATION
    Uncluttered and easily controllable
  • FORWARD LOOKING COSTPRICES
    Direct integration with LOGEX Budgeting model to facilitate budgeted / forward looking cost prices
  • STRONG SUPPORT
    Easily communicated and explained to departments and physicians to create broad support

Budgeting model

BUDGETING AND PLANNING

Does your incremental budget no longer justify the actual required deployment of means and manpower?

Are you aiming for an integral budget in which production, capacity and financials are all directly linked?

Are you looking to better determine the effect of portfolio choices on your operational management?

In the Budgeting model, the required capacity, costs and revenues are the logical outcome of the expected or contracted volume of care. This enables you to allocate the available resources more smartly. With a well-founded and rapid budget cycle and forward looking costprices as a result.

  • ACTIVITY BASED BUDGETING
    Activities as ‘cost driver’ as the starting point for your budget
  • DEMAND FOR HEALTH CARE DRIVING BUDGET
    Expected demand for health care is driving the required capacity of means and manpower
  • STRONG SUPPORT
    Bottom-up budgeting by department managers for better acceptance and commitment

Contracting model

Contracting AND pricing

Are you aiming to apply a pricing strategy and gain better control over your contracting while negotiating with health insurers?

Does determining the yearly price lists strike you as complex, labor-intensive or error-prone?

The Contracting model enables you to easily draft and manage contracts and price lists. Based on various price references and a wide range of calculation rules, you can build a pricing strategy. This creates an environment in which hospital sales teams can dedicate their time to the development, foundation and refinement of their pricing strategy.

  • CONTROLABLE
    Easy scenario management, use of dynamic tariff rules and a clear overview of the steps made in the price list
  • RELIABLE
    Reliable volumes in relation with forecast and/or production budget and always based on the latest product structure
  • STRONG ANALYSIS FUNCTIONALITY
    Comparison with various references, separation between volume and price effects and user-friendly import and export functionality

Forecasting model

FORECASTING AND MONITORING

Are you in need of a reliable, quick and above all smart prognosis of production, revenues, costs and net profit?

Is the ever growing complexity of contractual agreements with health insurers leaving you in need of reliability and a clear overview?

Our Forecasting model offers a monthly insight in the realized and expected production, capacity, revenues and costs. It enables you to make substantiated decisions and actively drive business operations.

  • GRIP ON PRODUCTION, CAPACITY AND FINANCES
    Reliable forecast based on state of the art algorithms
  • Value-at-risk
    Automatic calculations of revenue risks in contractual agreements with health insurers
  • INPUT FOR DIALOGUE
    Timely discussion with physicians, departments and health insurers when reality ≠ contract

Our clients

LOGEX is working together with more than 90% of the Dutch hospitals and physicians: