MIS 3581
Michael McKenna
Department Accountant
7/30/2014

 Developed in 2001
• Consolidated hospital entities and SOM to create a powerful umbrella governance structure
 Quick facts
• Nation’s first hospital, medical school
• Ranked #1 in region. #7 in nation; U.S. News and World
Report 14-15
• SOM top 5 in nation (16 consecutive years)
• 175 ‘top docs’ Philly Mag ’14
• 21,000+ Employees
• 2,200+ physicians
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 Revenue Streams ($4.3 bil - FY13)
• Net Patient Revenue ($3.55 bil)
– = Charge – insurance payments (contractual agreement) – patient payments
• Research ($749 mil)
– Grants ($583 mil): Sponsored money from national institution e.g. NIH ($392 mil)
– Gifts/Endowments: ($166 mil)
○ Gifts: donated money to particular area (e.g. med school alumni gift to University)
○ Endowments: donated for to particular area with designated purpose, (e.g. fund for Alzheimer's research)
 Cost Streams
• Direct costs
– Dollars tied to billable services or research projects
– IET support (Revenue allocated to departments to support them)
• Indirect costs
– Marketing
– Overhead
– Space/Rent
– Capital Construction
– Administration salaries
– Malpractice insurance
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 Standard accountant duties - uPenn and hospital)
SAP business objects Lawson (Infor ERP)
• Department expense recon
SAP business objects UMIS
• Salary management, fund reallocations, payroll coordination
SAP Business objects
PennWorks
Oracle
– Hyperion, SmartView
• Faculty productivity reporting, budgeting
• GL inquiry, journal entries etc.
Lawson (Infor ERP) Lawson (Infor ERP) Oracle - BEN

Where does MIS come in??
SAP – Business Objects
• Data warehousing on uPenn side and hospital side
McKesson – Horizon Performance Management
• Webi report building for University side
• Data mining and drill down reporting for hospital side
Hyperion ESSBASE UHC FPSC
SAP – Business Objects
Information
Systems
HealthCare background
Accounting
& Finance
Penn Medicine
“Accountant”
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 Email from Chief Operating Officer: “Mike, can you please pull the 4 th quarter new patient visits at all satellite locations this year compared to last year”
Source of that info: Excel embedded multi-dimensional database
Simplify it and think like them
Drill deeper to find satellite locations
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 Penn Medicine Vision
• Provide Excellent Patient Care.
–
Transparent faculty reporting helps them be more productive.
– Detailed reporting leads to efficient marketing and compliance decisions.
• Provide environment that promotes creativity and rewards teaching.
–
Used business intelligence reports to automate manual expense recon. process. Educated corporate on the idea of saving time and money using
Webi.
– Educated management on financial reporting and excel techniques; interns on revenue cycle, data retrieval, and Excel.
• Strive to be a world leader in advancing medical science by continually improving the quality and impact of its research.
– Continuously revamping department’s research fund and principal investigator reporting.
– Assisting in the rollout of an SOP for online grant submission to improve pre and post award process for a grant.
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 Business Communications BA2196
• Concision and effectiveness – oral, written
 Enterprise IT Architecture MIS2501
• Communication to higher entities
 Data Analytics MIS2502
• Analyzing data
– Retrospective data projects
– Forecasting, budgeting
• Data Visualization
 Data Innovation and Design MIS3504
• Being a business analyst in any situation
• Seeing processes with an “improvement” state of mind
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