COA Solutions Partners Ardentia for Patient-level Costing
Released on: September 16, 2008, 7:20 am
Press Release Author: COA Solutions
Industry: Healthcare
Press Release Summary: UK business systems provider, COA Solutions, today announces a partnership with Ardentia, a supplier of business intelligence solutions to the healthcare sector.
Press Release Body: UK business systems provider, COA Solutions, today announces a partnership with Ardentia, a supplier of business intelligence solutions to the healthcare sector. The partnership sees the integration of Ardentia’s patient level costing (PLC) system into COA Solutions’ patient resource management (PRM) and collaborative planning systems, providing managers, clinicians and theatre staff with sophisticated patient-level costing, payment by results (PbR) and planning functionality. This helps to meet Service Line Management needs.
The integration of PLC into COA Solutions’ PRM will ensure that more accurate and valuable information is available to users. Users will be able to drill down to a patient level and determine exactly where and how costs are being incurred.
The integration of PLC into COA Solutions’ Collaborative Planning budgeting and forecasting system, enables users to perform annual and strategic planning, supported by a detailed understanding of current costs and service delivery capacity.
Peter Leigh, Health Sector Manager from COA Solutions, says, “This partnership provides a complete Service Line Management solution, enabling NHS Trusts and other healthcare organisations to meet their service line profitability, patient level costing and service line planning requirements. Managers and clinical staff can now quickly and easily cost individual patient pathways and are provided with a detailed understanding of patient activity, costs, income and outcomes to help meet the requirements of the Darzi report.”
David Beeson, Director of Marketing and Product from Ardentia, says, “With cost analysis and reporting becoming increasingly crucial for NHS Trusts, this partnership is vital as it provides managers and clinicians with the necessary patient level data in high cost areas such as theatres and ICU. It also enables analysis of existing and expected patient-level expenditure meaning that any overspending can be quickly and easily recognised and tackled.”
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About COA Solutions Ltd www.coasolutions.com
COA Solutions (formerly CedarOpenAccounts) is the UK's leading supplier of integrated business management and information systems to public, private and not-for-profit organisations in the service sector. COA Solutions prides itself on getting close to its customers by understanding their businesses and responding to their business needs.
COA Solutions' award-winning Smart Business Suite combines core financial management, procurement, human resource and payroll systems, integrated with a range of collaborative, document management and business intelligence solutions. These solutions extend the value and effectiveness of the finance, HR and payroll departments across the organisation and enable managers in the business to monitor, analyse and continually improve corporate performance.
COA Solutions has more than 500 experienced and professional staff supporting and servicing over 4,000 clients across the UK service sector including Companies House, Newcastle City Council, WHSmith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.
About Ardentia www.ardentia.co.uk/ Ardentia is the leading dedicated supplier of business intelligence solutions to UK healthcare organisations. Ardentia works at every level of the health service, including Trusts and PCTs. Ardentia’s aim is to provide those responsible for healthcare, whether they are managers or clinicians, the tools they need for evidence-based management.
About the Darzi Report Published June 2008, 'A High Quality Workforce : NHS Next Stage Review' is a report, on the proposed future of the National Health Service by Professor Lord Darzi, Ann Keen MP, and David Nicholson, NHS Chief Executive. It is a detailed look at many issues that will affect the health service and provides a range of recommendations.
Contacts: Liz Ebbrell, COA Solutions Liz.ebbrell@coasolutions.com +44 (0)1625 856505 or 07917 634 705 www.coasolutions.com
Ben Carey, COA Solutions Ben.carey@coasolutions.com +44 (0)1625 856505 www.coasolutions.com
Web Site: http://www.coasolutions.com
Contact Details: COA Solutions London House London Road South Poynton Cheshire SK12 1YP Tel: +44 (0)1625 856505