Leading U.S. health providers choose EPSi™ decision support platform to improve financial performance
March 09 2017 - 8:01AM
EPSi, Allscripts (NASDAQ:MDRX) flagship budgeting, long-range
planning, cost accounting and financial decision support platform,
is entering the new year with momentum after signing several new
clients in the fourth quarter of 2016.
EPSi is a leader in integrated financial decision support,
budgeting and planning solutions for the healthcare industry. More
than 900 hospitals in the U.S., including nine of the top 10 rated
hospitals, 128 IDN systems, and 40 global academic facilities rely
on EPSi for data-driven insight into managing costs and improving
their long-range financial performance.
Beaumont Health System chose EPSi as it went through a
concentrated effort to consolidate all functional applications
after a recent merger of its 8 hospital facilities. EPSi will drive
Beaumont’s key financial planning and decision support processes,
building an annual operating budget and creating a full system-wide
decision support capability procedure that will help Beaumont
manage the shift to value-based care reimbursement and bundled
payments. EPSi will also enable Beaumont to facilitate long-range
financial planning across its newly merged system.
“Allscripts EPSi will unlock an integrated view of our finances
and operations across our entire health system,” said John Kerndl,
Executive Vice President and CFO. “This broad view enables us to
better plan for our financial health and will help us in our
transition from volume to value.”
Yuma Regional Medical Center will use EPSi to help achieve its
operating budget for the next fiscal year and optimize its
financial plan for the future. Yuma Regional will also use EPSi to
implement a fully functional decision support and cost accounting
process, which is expected to positively impact its organizational
performance profitability.
“EPSi will help us combine clinical and financial data for more
complete and accurate decision support information,” said David
Willie, Yuma Regional Chief Financial Officer. “EPSi offers deeper
functionality and an integrated data model that we didn’t find in
other solutions in the market.”
Wise Health System selected EPSi for its integrated cost
accounting, budgeting and long range planning, reporting and
analytics tools that will help drive Wise Health’s strategic
financial decisions. Wise Health expects to be able to plan budgets
more accurately and efficiently, and connect to powerful long-range
planning and forecasting capabilities.
Wise Health is also contracted to use Allscripts Sunrise™, a
highly configurable electronic health record that offers workflows
to help drive adoption of clinical decision support, and
CareInMotion™, a comprehensive, adaptable framework that enables
healthcare organizations to address their specific population
health priorities, such as connectivity, care coordination,
analytics and patient engagement.
“Healthcare systems face increasingly complex demands on their
financial organizations. New requirements such as bundled payments,
accountable care organizations and population health initiatives
are forcing hospitals to analyze more data than ever,” said Ralph
Keiser, EPSi Chief Executive Officer. “EPSi provides the tools
clients need to incorporate, analyze and utilize data to drive the
organizational transformation required to succeed in the transition
from volume to value. We are powering the value equation in
population health management.”
About AllscriptsAllscripts (NASDAQ:MDRX) is a
leader in healthcare information technology solutions that advance
clinical, financial and operational results. Our innovative
solutions connect people, places and data across an Open, Connected
Community of Health™. Connectivity empowers caregivers to make
better decisions and deliver better care for healthier populations.
To learn more about EPSi visit www.epsi.io.
© 2017 Allscripts Healthcare, LLC and/or its affiliates. All
Rights Reserved.
Allscripts, the Allscripts logo, and other Allscripts marks are
trademarks of Allscripts Healthcare, LLC and/or its affiliates. All
other products are trademarks of their respective holders, all
rights reserved. Reference to these products is not intended to
imply affiliation with or sponsorship of Allscripts Healthcare, LLC
and/or its affiliates.
For more information, contact:
Investors:
Seth Frank
312-506-1213
seth.frank@allscripts.com
Media:
Concetta Rasiarmos
312-447-2466
concetta.rasiarmos@allscripts.com
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