The standard Verras hospital data analysis identifies clinical areas where there are opportunities for the hospital to improve the quality and efficiencies of its clinical performance. But identifying is not quantifying, and in order to determine the magnitude of these financial opportunities, additional analyses are necessary.
Verras performs these analyses and incorporates the findings into the educational forums of the hospitals’ physicians and staff to capitalize on the identified economic opportunities. The analyses are then redone every 6 months for 2 years to insure the potentials have been realized.
