Kaufman Hall Partners with Yampa Valley Medical Center; Provider Organization to Implement Full Financial Planning Software Suite

Skokie, IL, March 30, 2016 — Kaufman Hall, a leading provider of strategic, capital and financial advisory services and software tools to healthcare organizations, today announced that Yampa Valley Medical Center (YVMC), a non-profit, community hospital serving Northwest Colorado, will implement the company’s full suite of enterprise performance management tools, including solutions for Rolling Forecasting, Capital Planning, Cost Accounting and Decision Support, Long-Range Financial Planning and Performance Reporting.

Yampa Valley Medical Center sought a technology partner capable of advanced data integration and business process automation to enable more strategic decision-making across the organization. Yampa Valley Medical Center struggled to produce accurate data in a timely fashion, and none of its financial processes were standardized, leaving the organization unable to efficiently or effectively address its evolving needs. With Kaufman Hall, Yampa Valley Medical Center will have easy access to a single source of the truth via an integrated software platform that provides consistent views into financial and operational processes and metrics. 

“Manual, error-prone processes and limited visibility into clinical and financial data was hindering our ability to manage operations and quantify the financial impact of our decisions,” said Bryan Roach, Yampa Valley Medical Center’s Chief Financial Officer. “With Kaufman Hall, we will have the appropriate insights in a timely fashion to provide the highest quality of care to our growing patient network and to better serve patients throughout their continuum of care across all of our facilities.”

Kaufman Hall's Axiom Software Suite is based on nearly three decades of experience helping hospitals and health systems address a wide range of strategic and financial concerns and consistently achieve their goals. These software solutions were designed to address the evolving strategic and financial management needs of hospitals and health systems in an integrated manner.

“With the amount of data increasing by the day, intuitive tools with fluid data consolidation and sophisticated analytics are incredibly valuable to providers,” said James Bodan, Executive Vice President of Healthcare Software for Kaufman Hall. “Often, business decisions need to be made quickly, and our trusted solutions provide the transparency and accuracy the Yampa Valley Medical Center staff needs to feel confident they are acting appropriately to achieve their goals.”

About Yampa Valley Medical Center

Yampa Valley Medical Center is a non-profit, non-tax-supported, independent community hospital. We are dedicated to serving the needs of residents throughout Northwest Colorado. YVMC is a 39-bed acute care hospital providing sophisticated medical services to more than 51,000 outpatients annually.

About Kaufman Hall
Leveraging 30 years of experience, Kaufman Hall helps hospitals and health systems implement best practices in management that integrate strategy, finances, and operations to empower organizations to reach their full potential. 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’s Axiom Software Suite provides sophisticated, integrated, and intuitive solutions for budgeting and forecasting, long-range planning, capital planning & management, performance reporting, and decision support and analytics delivered via the cloud or on premise. To learn more, visit www.kaufmanhall.com.