For complex university medical systems, faculty funding sources are spread out over many different revenue streams. Various grants and contracts provide greater resilience to overcome economic uncertainties and support a diverse faculty base. But with an ever-increasing set of sources come increased challenges in tracking and gaining a fuller understanding of what each faculty member brings to the institution.
To quickly make decisions to best position the institution and plan for uncertain times, organizations need to have comprehensive views of faculty compensation plans and insight into practice performance. Institutions need real-time data with drill-down reporting for scenario planning, budgetary transparency, and performance tracking.
Institutions can only move to the next stage of Digital Transformation by understanding:
Who is making money?
Who is losing money?
How many funding streams come together to fund a faculty member’s salary?
Are faculty meeting benchmarks?
An enterprise analytical model is tailored to the institution, connecting the data points across all relevant sources. The model provides the ability to drill down from enterprise metrics to individual faculty records.
Whole-Person Funding Reports
Comprehensive funding reports provide a full listing of all transactions associated with a faculty member. Information from the disparate personnel and funding systems roll into unified CAMPSITE reporting.
Clinical Productivity and Metrics (Collections, Charges, and wRVUs)
Contracts (Hospital and Enterprise Level)
Individual faculty data can be consolidated to provide views for departments, locations, specialties, up to the full enterprise organization.
Comparative reports deliver information needed for budget and performance analysis.
Real-time CPT Report Increases billable revenue by validating the procedure performed against the CPT code. It pulls in national comparative data.
Real-time data gives institutions the data they need to make informed decisions in uncertain times. Historical data provides trending based on institutional data for better forecasting.
Self-service reporting provides access to real-time data, across all data sources to allow administrative staff to get the information they need to better complete their tasks.
CAMPSITE controls access to each set of data.
With the ability to access and validate data as needed, without the inefficiencies of logging into multiple data sources, managing access requirements, and understanding how each software presents information, faculty and staff are better equipped to correct errors and contribute to the accuracy and integrity of data.