24 October 2011
PowerHealth Solutions has once again sponsored the Patient Classification Systems International (PCSI) Conference, held on 19-22 October, in Montreal, Canada.
With the theme Each patient counts, the conference focused on the issues at the forefront of the health system — case mix, assessment and funding. In the traditional spirit of PCSI events, the conference provided opportunities for inspiring scientific work, unique social engagements and invaluable networking.
UK Director Nigel Michell and Director Patrick Power ran a 2-day pre-conference workshop on Costing Patient Care Services - An Introduction Using Worked Examples.
Attendees of the costing workshop came away with an understanding of:
The patient costing principles and their application to different patient settings
The concept of the GL Cost Allocation process, including the concept of Overhead and Patient Care cost centres, the use of Cost Allocations statistics such as Floor Area, Number of Meals Served, etc, the need to refine the GL for Patient Costing purposes and the methodologies for reconciling each step
Patient level data feeds required and their elements
Linking rules to allow Feeder Level data, eg Theatre, Imaging, Pathology, etc to be linked to the correct Inpatient or Outpatient attendance
The concept of Relative Value Units (RVUs) and their application to Patient Costing
Creation of Services for patient costing purposes and the assignment of these to the various Patient Care Areas
Methodologies to be used to reconcile the Patient Level costs back to the General Ledger.
At the conference proper, PowerHealth Solutions Director Patrick Power also delivered a paper entitled Paying for Quality Under Activity Based Funding, that was co-authored with Dr Bill VanNess, President & CEO of Community Anderson Hospital in the US.
In addition, several other papers also highlighted the good work done by PowerHealth Solutions around the world, including Ireland and the US.
