Kings College Hospital NHS Foundation Trust, one of London's
largest Teaching hospitals serving over 700,000 people in its
locality, has implemented Dynistics Service Line Management Module
(SLMM) in a matter of days to provide a Highly graphical
representation of key financial performance measures across the
trust.
The SLMM is a pre-built suite of dashboard template reports that
graphically illustrate key metrics for Trusts and highlight areas
where efficiency improvements can be achieved.
"Dynistics has developed its SLMM through collaboration with a
number of NHS Trusts around the country resulting in a solution
that presents the key Service Line Reporting information we need to
make better informed decisions," Explains Simon Taylor, director of
finance, Kings College Hospital NHS Foundation Trust.
"The software was deployed in a matter of days and immediately
assisted the finance team to analyse patient level costing and
service line reporting information from Trust level through to
costing information for individual procedures and consultants."
The software automatically retrieves data from our Patient Level
Costing application and presents information in a range of
interactive charts with the added ability to drill down into the
detail within each dashboard where required.
"It's very intuitive to use and easy to understand so that
clinical, operational and finance managers alike can use it to
interpret data with ease - and once its rolled out across the trust
offers an invaluable tool for decision making at every level," said
Simon Taylor.
"It's been deployed quickly and cost effectively making
interpretation and analysis of raw data much easier, with the
ability to monitor data so that trends can be spotted and informed
decisions taken as necessary.
"Going forward we'll be able to analyse everything from the cost
of the patient through his or her 'journey' in the hospital,
to departmental cost analysis, specialty group costs and drill down
lower to identify the cost of individual patient procedures -
increasingly valuable information for managing the Trust."