Report Master

The Financial Reporting System for the NHS
Financial reporting in the NHS has changed significantly over the past few years. What was once an annual process is now monthly. Many finance departments spend almost all of their time producing reports, leaving precious little for managing the organisation. With the introduction of Payment by Results it is no longer possible to rely on the General Ledger alone. Activity, income and costs have to be reported in more detail and in ways not possible from the Ledger.

Many Trusts have developed complex spreadsheets or have tried to adapt their activity reporting system to meet their needs. These solutions have proved to be expensive to maintain and prone to errors. The software is often only understood by one or two people in the Trust. At the same time the rules for reporting are changing on a regular basis. Although the rules are the same across the NHS, many Trusts have to interpret and programme these changes locally, at great cost and risk. PSCAL has developed Report Master to meet the needs of its clients across the NHS. It is a simple to use tool for reporting on Trust income and cost.

Report Master will:

• Report income, expenditure and profit/loss
• Deliver Service-Line Reporting
• Identify areas of concern automatically
• Spot trends in financial performance
• Identify case mix drift
• Provide a suite of useful financial reports on the web

For NHS Trusts Report Master will:

• Provide financial information which non-finance staff can understand and use
• Highlight variances from plan in time to make corrections
• Save staff time
• Produce reports which are credible to clinicians and managers
• Report at all organisation levels

Report Master will take care of reporting, leaving managers free to act on the information and to plan ahead.

Formats available from Report Master:

• On-screen reports – with drill down
• Performance reports – uses dashboard gauges to show performance against forecast
• Exception reports – colour coded to attract your attention
• Time charts – shows performance over time
• Trend reporting – shows likely future income and costs based on performance to date
• Printed reports – well laid out and easy to understand
• Ad-hoc reports – user defined content
• Spreadsheets – transfer of information into Excel

Report Master is a web-based application with a SQL server database engine. Together these technologies ensure ease of use, low maintenance and support.

Key Features of Report Master:

• Dashboard presentation of key reports
• Exception reporting of ‘hidden’ financial problems
• Time charting of historical performance
• Forecasts future performance
• Reporting at multiple organisation levels including Trust, Directorate, Specialty, Consultant and Patient.
• Intuitive presentation of information
• Data collected from multiple sources including SUS and PAS
• Supports all current (and future) PbR, PbC, costing and activity reporting guidance
• Designed with PbR in mind
• Supports PbR and non-PbR income
• Supports multiple income and cost models
• Seamless integration to SLAM and Cost Master
• Accepts data from legacy costing systems
• Identifies and reports Case Mix variance
• Links to in-house Management Information Systems (if required)
• Reports to patient level for activity and costs
• Easy to roll out to directorates and specialties
• Data encryption and password protection
• Context sensitive help
• Friendly and knowledgeable telephone support
• Comprehensive user manual
• Full training provided

To find out more call 0845 054 0066 or email enquires@pscal.com