Hospitals and health systems nationwide face increasingly tight operating margins as persistently high expenses take their toll, driven by inflation, long-running workforce shortages, and other economic forces. Navigating continued volatility requires healthcare leaders to take a comprehensive approach to cost reduction strategies that will help contain costs long-term.
Hospitals and health systems at every stage of COVID-19 response are experiencing significant financial and operational disruptions from the pandemic. A recent American Hospital Association report estimated the pandemic cost U.S. hospitals $202.6 billion in losses from COVID-19 expenses and lost revenue between March 1 and June 30, 2020.1
CHICAGO – Aug. 19, 2020 – Syntellis Performance Solutions, a leading provider of enterprise performance management (EPM) software, data, and analytics solutions, announced today that clients gave its Axiom suite of EPM software for healthcare, financial services and higher education organizations high scores across multiple categories in BPM Partners’ 2020 Vendor Landscape Matrix.
CHICAGO – August 12, 2020 – Syntellis Performance Solutions, a leading provider of enterprise performance management (EPM) software, data, and analytics solutions, announced today that its Axiom Contract Management solution has been identified as the top-ranked solution in Black Book Market Research’s annual report on client satisfaction and vendor performance for the second consecutive year.
