Real-Time Cost and Iatrogenic Risk Data Smart Ribbon ®

Benchmarking

benchmarking

The Benchmarking app empowers each provider to compare their spending per admission. Compared only with other providers in the same sub specialty.
The provider can see at a glance, overall spending comparisons on meds, labs and radiology. The app highlights marginal cost items that are provider-controlled and about which they exercise judgment. The provider can drill down into specific medication and test spending variances (risk-adjusted) that separate them from their peers.

Frequently Asked Questions about the Benchmarking app

Peer groups are established working with your administration and medical staff office. Utilizing your credentialed specialty and your patient care patterns your peer group was selected to ensure a homogeneous cohort. IllumiCare creates cohort of patients based upon their final DRG. This cohort methodology allows IllumiCare to compare the costs of patients within DRG groups such that the cohorts have similar acuity. Creating cohorts with homogeneous acuity and specialty provides a stable basis for comparing physician resource utilization.

IllumiCare details specific areas where a provider uses more resources than their peers in the incremental breakout of resource utilization. Areas such as medication category, imaging modality and lab are all detailed to show your overall incremental cost difference over the last two months. Selecting a category with a cost delta provides a view of the specific medications where your resource utilization differs from your peers.

Please note - IllumiCare Apps are highly customizable so the images on this page my look slightly different than the Apps on your ribbon.

Frequently Asked Questions about the Benchmarking app

Peer groups are established working with your administration and medical staff office. Utilizing your credentialed specialty and your patient care patterns your peer group was selected to ensure a homogeneous cohort. IllumiCare creates cohort of patients based upon their final DRG. This cohort methodology allows IllumiCare to compare the costs of patients within DRG groups such that the cohorts have similar acuity. Creating cohorts with homogeneous acuity and specialty provides a stable basis for comparing physician resource utilization.

IllumiCare details specific areas where a provider uses more resources than their peers in the incremental breakout of resource utilization. Areas such as medication category, imaging modality and lab are all detailed to show your overall incremental cost difference over the last two months. Selecting a category with a cost delta provides a view of the specific medications where your resource utilization differs from your peers.

Please note - IllumiCare Apps are highly customizable so the images on this page my look slightly different than the Apps on your ribbon.

Contacting IllumiCare support staff:

1st - Click the lightbulb on the right side of your ribbon to open the ribbon menu

2nd - Click Help & Support

3rd - Let our support staff know how they can help you.