Today’s economy has Employers struggling to meet shareholder expectations when profits are squeezed by surging healthcare costs. Employers need constant insight into what causes these increases and then the ability to model scenarios to contain costs while still providing quality plans. Analytical business intelligence is vital to successful healthcare cost management. Without analytics that clearly illuminate problems and opportunities for improvement, Employers fly blind in a turbulent environment.

A large part of the HR budget is currently devoted to organization of data to support these business processes. By providing unfettered access to all the relevant data in one easily useable, web-based format, CKM makes healthcare decision processes far more efficient. The benefit to the Employer is precisely the control of the critical information upon which major procurement and spending decisions are based.

Unique Web-based Tool for Employers

The Clinical Knowledge Manager (CKM) system is PSIMedica’s unique web-based tool for employers, which integrates all available cost and quality information from sources including medical, hospital, pharmacy, disability, workers compensation, laboratory, dental, and absence data on a standardized basis to support the informed management of employers. Easy to use, integrated data enables Employers to make decisions that contain rising benefit costs for both employer/employee and drive quality for increased employee satisfaction and productivity. The crux of successful management is balancing cost and quality in a productive, evidence-based manner. PSIMedica is the premier clinical knowledge management organization, offering business solutions that enable its clients to manage for success.

Business Solutions for Human Resources

Among the many human resources business functions supported by the PSIMedica Clinical Knowledge Manager: