Navigate TrendPointSM is a dynamic, intuitive, Internet-based software that provides complete financial and operational reporting for healthcare organizations nationwide to benchmark themselves against other facilities within the same geographic vicinity. The benefits of these comparisons through Navigate TrendPoint's regional data analysis capabilities significantly impact strategy development by helping healthcare facilities to compare their operational effectiveness and financial viability to peer organizations.
- Provides the critical point where data and decisions intersect
- Based on supply chain, financial, statistical, utilization data from your facility
- Trends in distribution can be viewed as geographic, peer group, facility type or bed size
- Data is submitted by facilities through an automatic upload or easy to use input form
Navigate TrendPoint Benchmarks
Navigate TrendPoint Benchmarks aggregates the data – which is only 90 days old – to provide a variety of region-specific reporting options for comparison amongst peers. These indicators visualize a facility's capacity to increase debt financing, meet short-term financial obligations and examine overall profitability.
- Regional/National
- Supply Chain Expense Metrics (5 KPI's)
- Capital Structure Ratios (4 KPI's)
- Liquidity Ratios (4 KPI's)
- Profitability Ratios (9 KPI's)
- Hospital Score Card (22 KPI's)
- By Region, Bed Size, CMI, and type of service lines offered
Navigate TrendPoint Reports
Navigate TrendPoint Reports produces reports that provide numerous financial and operational benchmarks for a particular geographic location. Provider classifications can be broken down by bed size and facility type.
- Lab Supply Expense
- O/P Supply and O/P Surgery Expense
- Pharmacy Supply Expense
- Radiology Supply Expense
- Total Supply Expense