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Partnership offers financial analytics to post-acute care

February 11, 2015
by Richard R. Rogoski
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Simione Healthcare Consultants and Procura have joined forces to offer post-acute care organizations a single financial monitor for simplifying business analytics.

Procura, which offers software solutions through its Procura Health Management system and ContinuLink SaaS Home Care product lines, will now be able to offer its home health, hospice and long-term care clients the Simione Financial Monitor.

This software solution provides administrators the tools needed for payer comparisons, billing analysis, cost analysis and staffing ratios.

"As the post-acute care business continues to evolve, managing the financial efficiency of the agency is a core success factor," said Procura CEO Scott Overhill, in a press release. "Adding the Simione Financial Monitor to our set of healthcare technology solutions will help customers better manage the complexities of their operations to ensure high-quality care."

Robert Simione, managing principal of Simione Healthcare Consultants, added: "Simione Financial Monitor provides Procura clients with an easy way to upload information and compare their performance to industry benchmarks. This process provides the perfect complement to cost report information, because it allows these users to obtain real-time financial dashboards quickly to monitor progress throughout the year."