Benchmarking

QHR’s Benchmarking App accesses centralized financial and statistical data sources for peer and benchmark comparison, enabling executives to identify improvement opportunities to strengthen performance and to enhance sustainability.

Leverage features such as:

Statistical, Financial, and Quality Key Performance Indicator trending

Comparative Indicator Rankings and Percentiles

Facility Metric Dashboards

System generated Income Statements

PROACTIVE: Budget projections and ROI measurement from a single source.

RESPONSIVE: Track and trend changes in revenue cycle, staffing, and other critical performance levers to achieve early detection and resolution of issues.

INSIGHTFUL: Access key metrics in rolling 3 month and rolling 12 month views by category to identify improvement opportunities.

Contract Master

QHR’s Contract Master App provides a user-friendly way to track and manage contracts from a central source.

Contract Master allows you to store, manage, and monitor your contracts in a secure, centralized, and digital location. Notification capabilities and customizable features help you to effectively manage contracts, set alerts for expiring contracts, personalize features for each of your contract types, and assign departmental ownership so that the right personnel are informed and engaged in overseeing and administering your contractual agreements.

EFFICIENT: Automate essential contract data management processes to remove data silos and cultivate vendor relationships.

ORGANIZED: File contracts by vendor and by department and control who has access to specific data.

COMPLIANT: Leverage customizable compliance checklists to reduce risks associated with complex regulatory standards.

MyQuorum

The MyQuorum App is a communication hub providing centralized access to strategic and operational resources. Keep a pulse on the overall health of your hospital or health system with our hospital key metrics monitoring.

INFORMATIVE: View Vitals and Benchmarking Reports, Quality Scorecard Trending, and Metrics Dashboards to understand financial and statistical indicator performance. In addition, leverage this tool as a single source for accessing important management discussion items, operating practices, and other key resources.

COLLABORATIVE: Executives can actively participate in Monthly Operating Reviews with our dynamic MOR agenda. Board Members can utilize our Meetings feature to receive resources appropriate for Board Meetings, with quick access to hospital bylaws, strategic planning documents, and meeting-specific informational files.

ACTIONABLE: Leverage our issues and tasks features to set and manage actions targeted to achieve desired improvement opportunities and results.

Reimbursement Modeler

QHR’s Reimbursement Modeler App delivers cost reimbursement modeling capabilities that enhance investments and new service lines, strengthening long-term financial relationship decisions.

Submit metrics such as volume statistics, lump sum payments, patient visits, and departmental revenue and costs, and our Reimbursement Modeler tool will automatically generate timely and accurate reconciliation of Medicare under/overpayments.

INSIGHTFUL: Generate accurate year-to-date reflections of your reimbursement position.

PROTECTIVE: Gain assurance of no reimbursement liability year-end surprises.

VERSATILE: Perform what-if scenario analyses to determine feasibility of undertaking new services or operational changes.

Supply AdVantage

The Supply AdVantage App enables healthcare organizations to explore total Med/Surg, Pharmacy, Lab, Office Product, and Food distributor spend, track corporate compliance levels, and discover opportunities to save.

EMPOWERING: As part of the QHR family, our Supply Chain offering enables you to leverage the buying power of our entire network. Benefits include:

Greater cost savings through aggregated buying power

Improved administrative efficiencies

Enhanced clarity of buying patterns to optimize potential volume discounts

INSIGHTFUL: Data is power, and with Supply Advantage, healthcare organizations can easily track compliance levels, discover conversion opportunities, and make actionable progress from one central place. Discover savings opportunities through visibility into:

Percentage of on-contract spend

Cross references and pricing variability

Product lookup and comparison

DYNAMIC: Track against five corporate compliance levels for the most recent six months with the Trended Scorecard Report, including:

Medical/Surgical Spend

Pharmacy Distributed Spend

Lab Production Distributed Spend

Food Distributed Spend

Office Product Distributed Spend.

Workforce Productivity

The Vantage Workforce Productivity App enables leaders to optimize their departmental labor costs. Hospital level dashboards present key metrics such as productivity scores, worked vs target hours, and volume trends. Drill downs allow executives to pinpoint cost drivers.

Analytics are refreshed each pay period, and metrics are updated daily with our automated data integration package, allowing near real-time evaluation of performance against productivity goals and benchmarks. Leverage the App’s predictive features to plan, assess, and adjust for the upcoming shift based on projected volumes.

CUSTOMIZABLE: A pre-implementation assessment with our experts allows you to set custom targets to include all functions within your scope of service. We provide national benchmarks to reflect your facility’s unique operating environment.

FLEXIBLE: Gain greater flexibility in day-to-day staffing management by adjusting staffing levels to match fluctuations in volumes.

ACTIONABLE: Ongoing support from a dedicated QHR consultant helps you proactively detect trends and generate insights into how to improve metrics including productivity, overtime usage, and skill mix over time to achieve financial goals.