CostMaster

Understanding clinical variation is paramount to delivering high quality, value for money and sustainable healthcare services.

CostMaster enables end-to-end cost reporting and management. Taking all the activity within the healthcare setting and applying the financial implications, from bandages to theatre activity, the solution generates a large, accurate dataset, which can be used to find operational efficiencies and deliver savings.

Using our cloud platform, Civica’s AI engine is then able to mine the dataset; analysing activities across settings such as theatres, pharmacy and wards. It uses big data techniques to identify instances of systemic variation – performing the equivalent of years’ worth of analysis in a matter of hours.

Why move CostMaster to the cloud?

• Lower cost of ownership means your vital resources can be redeployed
• Identify further cost savings with our innovative analytics platform
• With PowerBI as standard, you get stronger insights
• Latest security measures ensures your data remains safe
• Continuous design enhancements improve your user experience 
• Automatic updates ensures your system is running smoothly

CostMaster has helped inform key stakeholders of the value of costing and encouraged better, more efficient working and improved costs.

Philip Cave, Director of Finance and Performance, East Kent Hospitals University NHS Foundation Trust