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Business Analytics Solutions Provider Using Oracle EPM and BI Technologies NASDAQ: EDGW One of The Boston Globe’s Top 100 Businesses Ranked as one of the 500 fastest-growing stocks on Wall Street Edgewater Ranzal Healthcare Labor Productivity

Labor productivity for healthcare organizations

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Page 1: Labor productivity for healthcare organizations

Business Analytics Solutions Provider Using

Oracle EPM and BI Technologies

NASDAQ: EDGW

One of The Boston Globe’s

Top 100 Businesses Ranked as one of the 500

fastest-growing stocks

on Wall Street

Edgewater Ranzal Healthcare Labor Productivity

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Edgewater Ranzal is a full-service Oracle

Platinum Consulting Partner with premier services

in North America and regional offices in the

United Kingdom

We deliver Business Analytics solutions that

include Oracle Hyperion Enterprise Performance

Management (EPM) and Business Intelligence (BI)

Our multiproduct focus offers domain expertise and technical leadership using

the Oracle Hyperion Product Suite

We have industry expertise and specializations to help us deliver end-to-end

solutions for each client’s business needs

Who We Are

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Our Services

Financial Close &

Consolidations

Business

Intelligence

Enterprise

Planning &

Analytics

Data Integration

Services

Training &

Support Services

Advisory Services Infrastructure

Costing &

Profitability

Mgmt

Business Intelligence

• Scorecards & Dashboards; Mobile Delivery

• Prepackaged Analytic Applications (OBIA)

• BI Foundation (OBIEE / Essbase)

• Financial & Operational Analytics

• Reporting & Publishing

• Visual Exploration

• Information Discovery (Endeca)

• Business Intelligence Cloud Service (BICS)

Financial Close & Consolidations

• Legal, Segment, & Mgmt Reporting

• Financial Performance & Close

• Optimization & Performance Lab

• Tax Provisioning

• Regulatory Requirements

Data Integration Services

• ERP Integration

• Financial Data Management

• Data Warehousing

• MDM & DRM

• ETL Services and Automation

Infrastructure

• Hardware Sizing, Installation, & Configuration

• Exalytics Benchmarking

• System Monitoring, Backup, & Disaster Recovery

• Upgrade & Migrations

Advisory Services

• Project/Program Management &

Process Change

• EPM & BI Road Maps

Training & Support Services

• Standard & Custom Training

• Virtual Classroom

• Multimedia and UPK

• Service Level Agreements

• Managed Services & Hosting

• Performance Engineering

Enterprise Planning & Analytics

• Strategic Planning (HSF) &

Modeling

• Planning, Budgeting & Forecasting

• Workforce, Capital, & Project

Financial Planning

• Public Sector Planning

• Cloud Services

Costing & Profitability Management

• HPCM Standard & Detail Models

• Waterfall Allocations

• Shared Service Charges

• Activity Based Costing

• Customer, Product, Segment &

LOB Profitability

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Recent Company Highlights

Completed internal implementation of Oracle Planning and

Budgeting Cloud Service (PBCS)

Launched Oracle Endeca Information Discovery Practice (OEID)

Delivered Oracle’s First Successful Go Live of Hyperion Tax

Provisioning

Released Lightning Cloud for SG&A

Achieved Oracle Partner Network Specialization for Oracle Planning

and Budgeting Cloud Service (PBCS)

Co-authored "The Oracle Data Relationship Management 11

Guide: Successful Implementation Essentials“

Invited as one of the initial partners to participate in Oracle

Validated Integration with Oracle Enterprise Healthcare Analytics

4

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Ranzal Healthcare

Hyperion Profitability and Cost Management (HPCM) Demo

Reporting Capabilities

Labor Productivity

Questions

Agenda

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Ranzal Healthcare Analytics (RHA) Solution – Utilizing Oracle EPM/BI

Integrated EHA & Oracle Hyperion Platform

Data Sources General Ledger, Payroll, Billing, Medical Records, Excel

Financial Reporting - Financial Consolidations - Statement of Operations - Management Reporting - Flex-Budget

Enterprise Planning - Operating Budget - Forecasts - Long Range Planning - Labor Planning - Capital Planning

Operational Reporting - Workforce Analytics - Productivity - KPI Reporting

Decision Support - Service Line Analytics Blueprinting - Daily Reporting - Patient Satisfaction - Employee Satisfaction - Costing

Services - Roadmap - Project Management - Implementation/Training - Advisory

Accountable Care Analytics – ACO Performance Mgt. – Population Navigator – Utilization and Capacity – Care Adherence

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Healthcare Clients

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Labor Costs – One of the largest cost pools within Healthcare

Critical for Healthcare organizations to understand these costs at appropriate

levels

Due to federal mandates – Healthcare organizations are being asked to provide

quality care and at the same time decrease costs

The goal of a productivity solution should be to identify opportunities where

organizations can control labor expense and find areas where improvement

initiatives can be made

At the same time, having an enterprise solution that is flexible and easily

maintainable is key

The Oracle solution can easily integrate with your costing solution footprint and

deliver critical and timely analytics to help you understand costs and proactively

react to resourcing needs

Why The Need To Understand Labor Productivity

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Productivity Capabilities

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Basic

•Compare budget to actuals

•Flex based on budgeted time and actual volumes

•Separate worked time from non-worked time

Industry Standard

•Productivity by subsets of direct patient care job code groupings

• Integration of external agency time

•Ability to exclude earning codes from productive time

•Charge-based productivity analysis

Differentiator

•Productivity by shift, day of week, resource

•Actual time spent by resource accumulated from clinical systems and integrated into decision support productivity tool

•Productivity statistics automatically imported from billing, clinical, departmental or any combination

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Reporting lacks flexibility

Integration issues

Scalable architecture

Support drill-down capabilities

Friendly reporting

System intelligence

Visual clues (i.e. conditional formatting, etc.)

Timely information

Seems Simple….Why Can’t I?

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Enterprise Performance Management Solution

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End User Workspace, Reporting

Enterprise Planning

Decision Support/Costing Financial Close

Labor Productivity

Enterprise Performance Management

GL HR/Payroll Billing Clinical Contracts EMR

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Labor Productivity Reporting & Analytics

Time & Attendance

Planned & Schedule

General Ledger

Data Integration (FDMEE /

DRM)

Planning / Essbase

Payroll

Volumes

End User Experience

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Getting Started – Data Needs

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Daily Utilization & Volume

Daily Time & Attendance

Payroll Hours & Dollars

Targets

Schedules

Employee Demographics

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Solution Interaction

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Labor Productivity Demonstration

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Ranzal Healthcare – Questions

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Ranzal Contacts

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Mark Hite

Director, Healthcare Practice

[email protected]

904-885-1679

Cherisse Worlds

Healthcare Lead

[email protected]

727-542-5260