Chicago – June 24, 2015 – The Healthcare Financial Management Association (HFMA) recently reviewed Kaufman Hall's Performance Management Suite using the Peer Review process. After undergoing the rigorous review, Kaufman Hall's Performance Management Suite has been awarded the “Peer Reviewed by HFMA®” designation.
Kaufman Hall’s Performance Management Suite includes software applications for budgeting and forecasting, long-range planning, capital planning, decision support and analytics, and performance reporting. Built on the Axiom EPM technology platform, these sophisticated, flexible solutions empower healthcare finance professionals to analyze results, model the future and optimize organizational decision making on a single, unified platform.
“This recognition by HFMA for the value of our software solutions is quite meaningful for us,” said Jason Sussman, CEO of Kaufman Hall’s software division. “HFMA is the leading authority on healthcare financial management, and its Peer Review designation is a reflection of our dedication to deliver market-leading applications that drive tangible results for our clients, making them more competitive in the ever-changing healthcare market.”
HFMA's Peer Review process provides healthcare financial managers with an objective, third-party evaluation of business solutions used in the healthcare workplace. The rigorous, 11-step process includes a Peer Review panel review comprising current customers, prospects who have not made a purchase, and industry experts. The Peer Review status of the healthcare business solution and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
“We’re pleased to have Kaufman Hall achieve the HFMA Peer Reviewed designation,” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “The HFMA Peer Review process assures our members, through a rigorous evaluation, that the reviewed healthcare business solution meets an objective, third-party assessment of overall effectiveness, quality, and value."
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. hfma.org
About Kaufman Hall
Since 1985, Kaufman Hall has been a leading advisor to hospitals and health systems, helping them incorporate proven methods into their strategic planning and financial management processes and consistently achieve their goals. Management consulting services and enterprise performance management software enable data-driven analysis and quantify the financial impact of plans, scenarios, and actions to improve organizational decision making. Kaufman Hall provides sophisticated, integrated, and intuitive software solutions for long-range planning, budgeting and forecasting, performance reporting, capital planning, cost accounting, decision support and analytics on a unified platform that can be delivered via the cloud or on premise. www.kaufmanhall.com
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