Tired of wondering whether your services are cash flow positive? We can help. PatientsDB shows you margins and true costs on every patient. At the click of a button.
Seeing and reacting to case margins is key to maintaining profitability. But think about this: How long would it take you to calculate the margins and true costs on every patient? Doing it right could take weeks and weeks of accounting time. Or months. Painful. Too little, too late. PDB does it in seconds. A P&L statement on every patient, every visit, every procedure. At the click of a button. So clinicians and managers can improve labor and supply productivity and build case margins in the patient care setting, while there’s still time to make a difference.
How? At PDB we have something special. Our cost and revenue allocation system accounts for every penny in your GL. It tells you exactly how many resources are consumed in labor, supplies and time for every case, across all your sites.
Our allocation technology is what makes PDB different. It allocates costs in proportion to the resources you actually use while caring for patients. You've probably heard about activity-based cost or ABC accounting. PDB takes advantage of a powerful recipe of ABC accounting and other precision allocation tools. So your managers and executives see cash flow and margins on every case, every day.
Knowing your true costs and margins can put you weeks and weeks ahead. You see cost overruns immediately instead of weeks or months later. And that’s good for your financial health.
A system built by healthcare professionals for healthcare professionals. We built the patientsDBTM system as healthcare professionals on the job. We built it for ourselves facing the same challenges you face every day. So when you call for support, you’ll be talking to a colleague, not just a technician. Your choice: Installed inside your firewall or provided as a cloud-based service. Our software-as-a-service (SaaS) paid monthly as an operating expense will save you money and avoid costly capital outlays, and offers a much lower total cost of ownership (TCO). Try before you buy: Our trial offer lets you test the waters using a sample of your own data.
PatientsDBTM: Case margins in seconds.