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.
“Planning in uncertain times” is a recurring topic in our conversations with healthcare finance leaders, usually in reference to challenges such as value-based payments, consumerism, forecasting, and so on, but the COVID-19 outbreak has put that into an entirely new context. As the situation continues to change and evolve, there’s an ever-increasing demand on analytics to minimize uncertainty, inform the business of healthcare, and support caregivers on the front lines.
How much capital to spend and the initiatives in which to invest are among the most critical decisions made by hospitals or health systems, often through organizations’ capital management executive groups, as supported by their senior management teams and boards. Actions taken after those decisions are made, however, are equally significant in determining organizations’ long-term financial successes.
