CostMaster and Aurum

Assisted analytics and cloud patient level costing solution for the NHS

By understanding clinical variation, you can deliver high quality, sustainable healthcare services of great value. CostMaster cloud software for patient level costing considers all the activities in a healthcare setting. It applies the financial implications and quickly helps you build accurate patient level costing models. With dynamic analytics and reporting, you’ll have better insight into your operations and finances.

Developed in Civica’s NorthStar innovation lab, Aurum, assisted analytics takes insights from CostMaster and finds significant efficiencies. Through a pilot with 6 UK NHS Trusts, the platform completed the equivalent of 13 years of traditional analysis in under 24 hours. It identified a minimum of 3% additional annual cost savings for each Trust, finding nearly £40m of improvement opportunities to drive operational efficiencies in healthcare delivery and patient care.

Why choose CostMaster

• Provides targeted insights to drive efficiencies across hospitals
• Automates the costing process and simplifies national costing returns
• Improves management of resources with better intelligence and transparent data
• Leading Patient Level Information and Costing Solution (PLICS)

Developed in partnership with NHS trusts, CostMaster empowers users to take control of their costing models. Whether you need an executive level summary of income and cost position through to patient level costing to create a patient’s bill, we’ll transform your data into a meaningful report.

Regular updates in the software reflect all changes in healthcare costing standards. So keeping on top of requirements from national guidance is hassle-free. When it comes to national costing collections, you can become self-sufficient and manage each collection season with little support.

Alongside CostMaster, Aurum will play a critical role in supporting the long-term financial stability of our Trust, helping us deliver increased productivity and supporting the improvement of our overall quality of care.

Joel Harrison, Chief Finance Officer at NWAngliaFT