maxwell stanley has supported a London-based acute NHS Trust to improve the accuracy of its income by over £2 million through a new data validation project.
The project saw the Trust improve the accuracy and completeness of its coded data by embedding the maxwell stanley solution and identifying potential coding errors, in addition to potential source documentation issues, where chronic comorbidities previously coded have not been recorded in the current admission.
Driven by the solution, the Trust was also able to establish an internal coding review culture, managed completely in-house, to support continuous data validation across all sites, promote understanding for all staff and encourage maximum clinician engagement.
As a result, the Trust improved the accuracy of their financial reimbursement for activity undertaken at the Trust by an additional £2.1 million in 12 months in addition to ensuring the accuracy of their performance metrics, driven by the same activity data.
Martin Gladding, managing director at maxwell stanley said: “For many NHS Trusts, data accuracy can be a challenge. It is crucial for Trusts to have complete confidence in the accuracy of the data they are capturing, as it drives their performance profile, resource planning, service provisions and also financial reimbursement.
We are delighted that our latest client is now receiving the additional and most importantly, correct income, but also that they have established a very successful regular, in-house data validation function to enable them to be fully confident in the accuracy of their data going forward.”
maxwell stanley work on various data improvement projects and initiatives within the healthcare sector from departmental reform to improving performance metrics, including mortality rates.
To read about the project in detail, download the full case study here or contact a member of the team on 020 7582 2103.