Through a consistent process of measuring services and comparing benchmarks, Altius enables clients to improve upon patient care delivery models and overall operational efficiency. Careful data analysis provides a set of realistic goals that are designed to promote cost savings, increase market share and result in a greater patient experience.

Benchmarking Services

  • Financial & Operational: Organizational benchmarks are developed against industry leaders and regional competitors based on 80 common financial and operational indicators.
  • Hospital Trend Reports: A three-year hospital trend analysis based on DRG and/or MDC is completed and benchmarks are established against regional competitors.
  • Hospital Performance & Strength Reports: Pricing patterns are examined and detailed information on average reimbursement and cost per case are provided. This analysis determines the strengths of an organization compared to regional peers.
  • DRG Coding Analysis: Facility performance is compared to local, regional and industrial peers. DRGs with coding anomalies are identified by focusing on DRG pairings.

Benchmarking services can be applied to many facets of an organization including:

  • Profitability Indicators
  • Liquidity Ratios
  • Capital Structure Ratios
  • Asset Efficiency Ratios
  • Volume Indicators
  • LOS Indicators
  • Payer Mix Indicators
  • Price Indicators
  • Cost Indicators