Hamilton Health Sciences Selects Enterprise Performance Management Platform from Kaufman Hall
Hospital system replaces manual tools with flexible Axiom Software for financial planning, budgeting, capital planning and other initiatives
CHICAGO – February 28, 2020 – Kaufman Hall, a leading provider of enterprise performance management (EPM) software, data, and management consulting services, announced today that Hamilton Health Sciences (HHS), a network of five hospitals and three specialized centers in Hamilton, Ontario, Canada, selected Axiom Software as its single platform to manage and improve financial performance.
To continue providing specialized, advanced care, Hamilton Health Sciences will use Axiom Financial Planning, Budgeting, Rolling Forecasting, Performance Reporting, Capital Planning and Capital Tracking as the core financial planning and analysis suite. The software will replace manual processes and help drive performance improvement and plan a sustainable future for the world-renowned research hospital and largest employer in the region.
“Axiom offers our organization a robust, innovative platform that will help us make better, data-informed decisions,” says Michele Beals, VP, Finance and Deputy CFO at HHS. “Kaufman Hall’s track record of excellent implementation and customer support will help our staff, physicians and leaders to remain focused on delivering world-class care.”
The Axiom Healthcare Suite streamlines processes, manages costs, models industry changes, enhances efficiencies, and highlights variances. The software works in an integrated manner to help hospitals, health systems, and physician practices take action to manage costs, optimize revenue, and support clinical improvement.
“We’re excited about our collaboration with Hamilton Health Services and for the opportunity to provide strategy-based performance solutions to help them advance their mission,” said Kermit S. Randa, chief executive officer of Kaufman Hall Software. “Our solutions bring together financial and clinical insights to enable the Hamilton Health Services team to accurately quantify the impacts of every decision they face. We’ll work closely with them to make sure they maximize the benefits of our data-driven approach in the short- and long-term.”
About Kaufman Hall
Kaufman Hall provides a unique combination of software, management consulting and data solutions to help society’s foundational institutions realize sustained success amid changing market conditions. Since 1985, Kaufman Hall has been a trusted advisor to boards and executive management teams, helping them incorporate proven methods, rigorous analytics and industry-leading solutions into their strategic planning and financial management processes, with a focus on achieving their most challenging goals.
Kaufman Hall services use a rigorous, disciplined, and structured approach that is based on the principles of corporate finance. The breadth and integration of Kaufman Hall advisory services are unparalleled, encompassing strategy; financial and capital planning; cost transformation; treasury and capital markets management; and mergers, acquisitions, partnerships, and joint ventures.
Kaufman Hall software includes the Axiom Software Suite, providing sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize organizational decision making. Solutions for long-range planning, budgeting and forecasting, performance reporting, capital planning, and cost accounting deliver decision support, reporting, and analytics within an integrated software platform. Kaufman Hall’s Clinical Analytics empower healthcare organizations with clinical benchmarks, data, and analytics to provide a higher quality of care for optimized performance and improved patient outcomes.
Amendola Communications (for Kaufman Hall)