NANO Patient level information & Costing system (PLICS)

Patient Level Information and Costing System

If you are paid per episode, you need to know what an episode costs

Under a classification-based funding model the payment for an episode is fixed before you deliver it. That makes one question decisive, and most hospitals cannot answer it: what did this episode actually cost us? Without that number, a service line that quietly loses money looks exactly like one that quietly makes it.

NANO PLICS answers it at the level where care is actually delivered. It brings clinical and financial data together from the systems that already hold them and attributes real consumption — staff time, drugs, diagnostic tests, theatre — to the individual patient episode, rather than spreading departmental averages across everyone.

Costing at that level turns budgeting into evidence. Paired with NANO DRG, which produces the classification the payment attaches to, you can compare what an episode earned against what it consumed — by specialty, by consultant, by procedure.

Features

Automates the costing process and measures business performance, so cost-saving opportunities are identified rather than estimated
Runs multiple cost models side by side on one cloud platform
Implements standard operating procedures for patient-level costing
Manages the whole costing model — allocations and matching rules — from a single interface
Monitors performance through scheduled reports distributed by email, with a reporting structure you can shape to the question you are asking
Uses international costing standards, so national and regulatory returns are a by-product rather than a project
Does not require SQL skills to operate day to day
Builds data-driven reports, presentations and documents by linking to the tools finance already uses (Microsoft Office, Google Drive)

Benefits

Cost data becomes a management information system rather than a year-end exercise
Clear visuals that make an outlier visible instead of buried in a table
Better resource decisions, because the data behind them can be traced and verified
State and national costing returns submitted with far less manual preparation
Current processing and analytics technology, without a rebuild
Cloud-optimised: faster deployment, automatic updates, always-on monitoring, flexible capacity