VCPI announces assisted living views and enhanced KPIs for Decision Point(TM)
Posted on Mon, Apr 04, 2011
Enhancements give long-term care executives instant business intelligence to improve efficiency of decision-making across an expanding business portfolio, at a glance.
MILWAUKEE, APRIL 4th, 2011 – VCPI announces the launch of enhancements for the company’s flagship business intelligence system, Decision Point™ The first enhancement is for executives who run assisted living communities. In a single click, executives can switch between SNF-only, ALF-only, or combined views of real-time metrics to match the business models in their operating portfolio. This eliminates the manual process of consolidating spreadsheets which contain stale and/or inconsistently calculated data. The second enhancement enables executives to see KPI status in a friendly red, yellow, green-light fashion, as well as monitor the trajectory and degree of trends. As a result, KPI trending can be done more proactively, even for metrics that appear to be within budget. It’s friendly and visual for today’s executives needing fast, accurate facts on the fly.
Des Plaines, IL based Pathway Senior Living is an operator of Independent and Assisted Living communities across two Midwestern states. Pathway Senior Living is committed to better decision support, and it became clear to company executives that it was time to exit the spreadsheet consolidation business. According to Michael Vick, Chief Accounting Officer, “Decision Point draws us closer to the leaders of our communities. We’re now on the same page when it comes to proactively impacting operations and the financial health of our business. We get one version of the truth, and Decision Point offers that like no other system.”
Decision Point knits together information from databases that today do not talk to each other, which allows executives to instantly monitor the health of their business. “Decision Point turns data into actionable information, and eliminates diving into separate software packages to get it,” offered Loren Claypool, managing director of VCPI. At a glance, executives know where they stand right now with receivables, census, labor, customized views, and more. “It avoids a lot of churn about the efficacy of data. Instead, our clients accelerate the speed of execution, thanks to fact-driven decisions. It’s the hallmark of a well-run business,” added Claypool.
About VCPI
Headquartered in Milwaukee, WI, VCPI solves business challenges with technology and beyond for over 1900 providers of post-acute care in 45 states. Founded in 2000, VCPI is a wholly-owned subsidiary of Extendicare REIT, one of the largest operators of long-term care, home health, and assisted living communities in the U.S. and Canada.