Service Line

Gain insight into service line costs and profitability.

As healthcare increasingly focuses on cost and quality, you need complete insight into the costs and utilization of your clinical service lines and departments. MedeAnalytics Service Line aggregates your revenue, cost, and encounter data to help you understand cost and margin drivers across service lines, departments, and specialties. With big-picture oversight and detailed analysis into physician variation, it enables you to take control over the financial health of your service lines.

  • Gain a complete understanding of service line margins and profitability

  • Pinpoint the root causes of high costs and utilization variances

  • Analyze margins by service line, physician, procedures, and facilities

  • Understand how supply and labor costs are allocated across service lines

  • Compare physicians and procedures based on cost per case or revenue per case

  • Generate meaningful dialogue among physicians to standardize care around best practices

  • Correlate costs with measures like case mix, length of stay and readmissions

  • Aggregation

    Aggregated hospital and professional encounter data, cost accounting data, and charge line-item data helps you understand service line margins and physician variation.

  • Interpretation

    Insights into costs per case, volumes, readmissions, physician practice patterns, and bundled payment analysis help pinpoint the causes of high costs and ineffective utilization.

  • Transformation

    Comparing costs and revenue across all service lines enables you to analyze profitability and protect your overall financial health.

Compare physicians by cost per case and average length of stay.

Compare physicians by cost per case and average length of stay.

Compare costs and margins across facilities to identify best practices.

Compare costs and margins across facilities to identify best practices.

Understand utilization differences between high-cost physicians and best practices.

Understand utilization differences between high-cost physicians and best practices.

Drill into utilization to support meaningful conversations around care standardization.

Drill into utilization to support meaningful conversations around care standardization.

Key Performance Indicators

  • Service line costs and margins (contribution margin, direct costs per case, volumes, case mix, and revenue)
  • Physician scorecards and comparisons (average length of stay, readmissions, implants, medication, and radiology cost per case)
  • Clinical resource utilization and physician practice patterns
  • Strategic planning analysis (geographic, referral patterns; bundled payment analysis)