Patient Level Costing PLICS

Patient-level information and costing systems PLICS have been implemented to record all significant activities that happen for individual patients from the time of admission until the time of discharge and calculate the resources consumed by using actual costs by the organization.

Patient-level information and costing system PLICS combine the activity and financial data that trusts already collect, but instead of coming up with an average cost per patient, it separates the costs for each patient to identify any clinical variation and provides trusts with a rich source of information to help understand their patients and their services.

According to WAM, on 21st January 2020, our client Abu Dhabi health service company SEHA, The UAE’s largest network has announced the successful implementation of patient-level information and costing systems (PLICS) at his hospitals as a part of its transformation projects.

This system will be unveiled to the public during SEHA’s participation at ArabHealth2020, the middle east’s largest healthcare conference and trade show.

While moving towards Patient-level information and costing system PLICS will be challenging and costing for some providers, it will deliver long-term benefits:

1- Improved clinical ownership of operating information and improved data quality.

2- Monitoring claims faster and reducing healthcare fraud.

3- Increase clinician awareness of costs

4- Improve the robustness of their planning, utilization, and optimization of the use of resources.

5-  Identifying variation between community teams or measuring the cost of new models of care.

In addition, PLICS provide an evidence base to help hospitals and clinics:

1- Understand the relationship between cost and activity.

2- Identify the main cost drivers.

3- Undertake internal benchmarking to identify variation.

4- The ability to measure productivity.

In Conclusion;

If you are searching for a system that can give you accurate cost information at any time, anywhere? SBS provides patient-level information and costing system PLICS to help healthcare providers to use the cost per patient information to both manage and improve operational performance, as it calculates service delivery costs and funding revenue based on clinical and financial data consolidated from other healthcare systems.

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