Financial Module
Performance Insight’s Financial Module allow laboratory managers to identify cost per test at the procedural level and run detailed revenue forecasts.
Micro Costing:
- Allows quick determination of cost per test for any lab procedure. This includes variable, direct and fully loaded cost per test.
- Precise costing includes instrument, maintenance, all reagents, supplies, labor etc.
- Provides a benchmark for setting appropriate pricing for new procedures, profitability studies and transfer pricing
Client Profitability:
- Rapid determination of profitability for new or existing clients
- Analysis includes direct testing cost, all support costs (marketing, courier, etc.)
- Financial outcomes include net contribution/margin, ROI
Inventory Management:
- Statistical approach to determine economic order quantities and reduces risk of stockouts
- Supports lean inventory management, Kanban cards