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Financial Performance Management
Siemens helps you shape the success of your organization by putting key financial intelligence at your fingertips. DSS Financial Performance Management measures revenue and expenses at numerous levels, from facility to payer, giving you the information to make more-informed decisions about profitability.
- Understand your bottom line – With multiple online, interactive views, Siemens DSS Financial Performance Management helps you understand profitability at numerous levels: facility, department, clinician, patient, and payer. Multi-entity organizations can review daily operating trends for each facility, including admissions, discharges, census, revenue, cash, and accounts receivable balance.
- Maximize contract negotiation – Create and analyze reimbursement and payer scenarios. Improve negotiations with payers by using tools to help you analyze contract terms and their impact on revenue.
- Manage payer performance – Analyze payments, charges, and denials; understand your accounts receivable balances; examine Ambulatory Payment Classifications; and identify trends in reimbursement to improve your bottom line.
