EMERYVILLE, Calif., June 21, 2010 - MedeAnalytics, a leading provider of healthcare performance management solutions, announced today the launch of its Enterprise Performance Management (EPM) solution at the Healthcare Financial Management Association's 2010 Annual National Institute in Las Vegas, Nev.
The new solution is the result of MedeAnalytics' partnership with OnFocus Healthcare, Inc., which enables MedeAnalytics to add planning, execution and progress-tracking functionality to all of its analytics solutions. The integrated EPM solution links clinical, financial and operational objectives with key performance indicators and results-oriented action plans to drive performance at all levels of the organization.
"This strategic partnership allows us to provide our clients with a superior analytics solution with imbedded execution and accountability capabilities that together create a ‘closed-loop' performance management system" said Sal DeTrane, MedeAnalytics' chief administrative officer. "Both organizations are excited about enabling our clients to successfully achieve their critical business objectives at a key inflection point in the healthcare industry."
"While most hospitals have made significant investments in emergency room technology, electronic medical records and business intelligence, even the most ‘data-rich' organizations lack automated solutions to help them adapt, compete and succeed in the new healthcare business model," said Steven Mason, Jr., OnFocus Healthcare's president and chief executive officer. "By adding integrated performance management functionality to the MedeAnalytics suite, hospitals will now be able to quickly analyze, plan, execute, track and adjust performance to ensure the achievement of essential strategic, financial and clinical outcomes across the organization."
About OnFocus Healthcare
Headquartered in Brentwood, Tenn., OnFocus Healthcare, Inc. serves a broad cross-section of healthcare organizations, including large for-profit systems, community and non-profit hospitals, and large academic medical centers. OnFocus Healthcare was launched in 2008 to create the first healthcare-specific enterprise performance management system. For more information, visit www.onfocushealthcare.com.
Founded in 1994, MedeAnalytics enables healthcare organizations to improve clinical, financial and operational performance through on-demand analytics and client services. For hospitals and health systems, MedeAnalytics provides solutions to address revenue cycle, patient access, clinical operations, staff productivity, regulatory compliance, finance and accounting, and enterprise performance management. For healthcare payers, the company provides solutions for provider network management, medical management and operations. MedeAnalytics delivers business intelligence to over 800 healthcare organizations using a hosted, Software-as-a-Service (SaaS) model, which reduces up-front costs and enables rapid implementation and exceptional time-to-value. For more information, visit www.medeanalytics.com.