A KREG client recently attended an HFMA conference and asked a panel of hospital financial people how they tracked changes in net revenue from year to year. Most panelists admitted they see the totals only on the institution wide P&L's where they see a variance in total net revenue from the previous year.
KREG clients can easily extract more detail than this from EV-CMA, our Contract Management System. The report below can be constructed in the EV-CMA Report Writer. You build custom calculated fields to isolate and compare Cases, Charges, and Expected Payments (Net Revenue) from year to year. Not only does it present variances, it presents the information at the contract/clause level of detail. This way clients can identify variances in specific lines of business.
(Click on the report to view image bigger)