Cost Master PLC

Cost Master PLC is a "latest generation" patient level and reference costing solution, developed especially to support the NHS requirements for reporting and local cost management. This includes patient-level cost reporting at multiple levels from individual patients right up to board level. Both top down and bottom up costing methodologies are supported, giving the Trust total flexibility in how it accounts for its costs. Cost Master PLC also provides full reconciliation to the Trust's ledger at all levels of output.

Cost Master PLC will help with the financial challenges that are faced on a day-to-day basis:

Reducing income

• Increasing costs due to:
   o Drugs
   o New clinical practice
   o Staff pay reform
• Expected efficiency targets
• Demand management

Cost Master PLC has been designed to supply useful, timely information, leaving managers with time to manage. With the introduction of Patient Level Costing, Trusts will be able to view costings at patient, consultant and site level in addition to the usual OPCS/ICD10/Specialty/POD level.

Please download the brochure here: Cost Master PLC

PSCAL understands that embarking on a PLICS project is a big decision. Before taking on such a project it is important to fully understand the subject matter and assess the impact it will have on the organisation. Most importantly it is essential to understand what it is you wish to achieve from such a project. PSCAL have put together a full suite of PLICS data sheets to help you better understand the PLICS process. These data sheets provide valuable information on the subject of PLICS including:

An introduction to PLICS, establishing & managing data quality, systems integration and roles and responsibilities.

For more information please click here

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