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Financial Leadership

Cost Saving

The VUIT platform enables better understanding of potential savings by clinical speciality, via data interrogated at a meaningful geographical level.

Once savings are implemented, the platform provides the perfect control to manage and monitor adherence to intended outcomes, highlighting any required course-correction.

The platform provides a complete view of activity and outliers within prescribing, the second-largest NHS expenditure, and organisation-level costing.

Performance Management

VUIT enables financial decision makers at all levels to assess current performance.

Clear visualisations assist analysis of historic trends and current performance across all NHS elective activity.

We also provide clarity on diagnostic, UEC, RTT and cancer key metrics, as well as waiting list and conversation rate data by speciality.

To keep this insight relevant to the specific discussion, all analysis can be broken down by ICS and then further by Trust.

This provides the geographical context required to make effective change decisions, and the tools to manage and monitor those changes once in steady state. 

Financial Modelling

VUIT highlights the optimal location for new service provision, from both organisational and geographical perspectives.

This is achieved by overlaying information on prevalence of conditions, providing hyper-local insight - which can be overlaid with other critical demographic considerations such as deprivation or housing data.

This enriched data gives better insight into the dynamic between demand and capacity within your ecosystem, so new service model decisions are made from a much clearer viewpoint.

Additional tools can also identify whether activity could be diverted from acute to other care settings, resulting in further cost savings. 

 

Cost Control

The VUIT Platform provides a single dashboard with a complete view of national cost collection and attributed costs for all types of activity, alongside benchmark costs.

The dashboard visualises activity trends across providers over multiple years, providing a complete view of costings over time.

The platform also provides visualisations of inpatient activity by HRG chapter, subchapter and acuity.

We can drill down by provision type, lead consultant speciality and the patient contact (or currency), identifying cost and activity outliers both across your organisation and comparative to your ICS. 

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Learn more about VUIT in our brochure.