Lindsey Karberg
02-22-2010, 11:50 AM
Eclipsys’ Sunrise EPSi Budget Manager Receives HFMA Peer Reviewed Designation
Industry Experts Agree Web-Based Solution Delivers Enhanced Productivity, Ease-of-Use and Good Value to Support Hospitals in Managing an Accurate, Enterprise-wide Budget
Atlanta―Feb. 22, 2010―Eclipsys Corporation® (NASDAQ:ECLP), The Outcomes Company®, today announced that Sunrise EPSi™ Budget Manager, a core component of the Sunrise EPSi integrated suite of business performance management solutions, has earned Peer Reviewed designation by the Healthcare Financial Management Association (HFMA). HFMA Peer Reviewed status places Sunrise EPSi among an elite group of solutions that have been proven to be beneficial and high in customer satisfaction by independent, industry expert volunteers.
A Single, Integrated System for Detailed Salary and Wage Planning; Comprehensive Variance Analysis
As hospitals and health systems face an increasingly complex maze of financial pressures, the Sunrise EPSi Budget Manager solution delivers an effective means to establish realistic spending goals based on comprehensive data assimilated from payroll, non-salary and capital budgeting. Budget Manager enables:
• Detailed salary and wage planning at the department-, employee- or job-class level
• Flex budget modeling that reflects organizational behavior, designed with unlimited statistics and relationship for sophisticated modeling
• Comprehensive variance analysis capabilities that facilitate tracking by exception
• Extensive standard reporting and an ad hoc report writer functionality
To attain the HFMA Peer Reviewed designation, a healthcare product or service must undergo a rigorous 11-step screening process by a panel comprising current users, potential clients who have not purchased the product or service, and expert HFMA Peer Review Board members. Products and services are judged on performance criteria, such as product effectiveness, quality, overall value, usability, price and customer and technical support that meet HFMA’s high standards for brand and value statements.
“We are pleased to receive the HFMA ‘Peer Reviewed’ designation because it affirms the demonstrated superiority of the Sunrise EPSi Budget Manager solution in helping healthcare organizations better manage today’s fiscal challenges,” said Phil Pead, president and chief executive officer of Eclipsys. “The HFMA evaluation, plus the fact that this solution continues to lead the Budgeting category in KLAS, should give an extra measure of confidence to organizations making crucial product decisions as they seek ways to exert better spending control and improve financial collaboration across departments.”
A Single Database for an Arsenal of Integrated Performance Management Tools
Budget Manager is a module of Sunrise EPSi, a fully integrated, Web-based solution that can load and process data from virtually any healthcare or business software or system. Sunrise EPSi is designed to bring together all the major components of financial management—strategic planning, product line budgeting, cost accounting and operational and capital budgeting—to provide healthcare organizations with an arsenal of integrated performance management tools that are even more powerful when they work together.
Sunrise EPSi was named Best in KLAS for Business Decision Support for the fourth consecutive year in the 2009 “Top 20 Best in KLAS Award: Software and Professional Services” report issued by KLAS Enterprises, Inc. It also led the Budgeting category for the third straight year in the same report. The EPSi Budget Manager module also holds a 95-percent user adoption rate.
“Eclipsys’ Sunrise EPSI budgeting system has been one of the most valuable systems we’ve deployed to exert better control over budgeting processes,” said Mark Trocino, chief information officer, Dekalb Medical. “It has proved extremely effective in supporting our ability to better forecast, analyze our costs, and manage reimbursements and staffing performance across our organization. The enhanced access to critical management information has fundamentally changed processes for annual budgeting and ongoing revenue and expense monitoring across all functional areas for the better.”
Sunrise EPSi, together with the Sunrise Patient Flow™ and Sunrise Clinical Analytics™ comprise the Eclipsys performance management solution suite, which will be showcased at HIMSS10 in Atlanta, March 1-4 (booth #5833).
About KLAS
KLAS is a research firm specializing in monitoring and reporting the performance of healthcare vendors. KLAS’ mission is to improve delivery, by independently measuring vendor performance for the benefit of its healthcare provider partners, consultants, investors, and vendors. Working together with executives from over 4500 hospitals and over 2500 clinics, KLAS delivers timely reports, trends, and statistics, which provide a solid overview of vendor performance in the industry. KLAS measures performance of software, professional services, and medical equipment vendors. For more information, go to www.KLASresearch.com , or email marketing@KLASresearch.com , or call 1-800-920-4109 to speak with a KLAS representative.
About the 2009 Top 20 Best in KLAS Awards: Software and Professional Services report
The report reflects the summary of healthcare information technology (HIT) software and professional services performance data as reported by physician offices, clinics, IDNs, inpatient facilities, and applicable healthcare agencies. The HIT software ratings reflect data collected over the past 13 months (October 15, 2008 – November 15, 2009); the professional services ratings reflect data collected over the past 18 months (May 15, 2008 – November 15, 2009). Each product or segment is listed by market segment.
About HFMA
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With over 35,000 members, HFMA is the nation’s leading membership organization of healthcare finance executives and leaders. It provides education, analysis, guidance, tools and solutions to help members get results. For more information, please visit www.hfma.org.
About Eclipsys
Eclipsys is a leading provider of advanced integrated clinical, revenue cycle and performance management software, clinical content and professional services that help healthcare organizations improve clinical, financial and operational outcomes. For more information, see www.eclipsys.com or email info@eclipsys.com.
Industry Experts Agree Web-Based Solution Delivers Enhanced Productivity, Ease-of-Use and Good Value to Support Hospitals in Managing an Accurate, Enterprise-wide Budget
Atlanta―Feb. 22, 2010―Eclipsys Corporation® (NASDAQ:ECLP), The Outcomes Company®, today announced that Sunrise EPSi™ Budget Manager, a core component of the Sunrise EPSi integrated suite of business performance management solutions, has earned Peer Reviewed designation by the Healthcare Financial Management Association (HFMA). HFMA Peer Reviewed status places Sunrise EPSi among an elite group of solutions that have been proven to be beneficial and high in customer satisfaction by independent, industry expert volunteers.
A Single, Integrated System for Detailed Salary and Wage Planning; Comprehensive Variance Analysis
As hospitals and health systems face an increasingly complex maze of financial pressures, the Sunrise EPSi Budget Manager solution delivers an effective means to establish realistic spending goals based on comprehensive data assimilated from payroll, non-salary and capital budgeting. Budget Manager enables:
• Detailed salary and wage planning at the department-, employee- or job-class level
• Flex budget modeling that reflects organizational behavior, designed with unlimited statistics and relationship for sophisticated modeling
• Comprehensive variance analysis capabilities that facilitate tracking by exception
• Extensive standard reporting and an ad hoc report writer functionality
To attain the HFMA Peer Reviewed designation, a healthcare product or service must undergo a rigorous 11-step screening process by a panel comprising current users, potential clients who have not purchased the product or service, and expert HFMA Peer Review Board members. Products and services are judged on performance criteria, such as product effectiveness, quality, overall value, usability, price and customer and technical support that meet HFMA’s high standards for brand and value statements.
“We are pleased to receive the HFMA ‘Peer Reviewed’ designation because it affirms the demonstrated superiority of the Sunrise EPSi Budget Manager solution in helping healthcare organizations better manage today’s fiscal challenges,” said Phil Pead, president and chief executive officer of Eclipsys. “The HFMA evaluation, plus the fact that this solution continues to lead the Budgeting category in KLAS, should give an extra measure of confidence to organizations making crucial product decisions as they seek ways to exert better spending control and improve financial collaboration across departments.”
A Single Database for an Arsenal of Integrated Performance Management Tools
Budget Manager is a module of Sunrise EPSi, a fully integrated, Web-based solution that can load and process data from virtually any healthcare or business software or system. Sunrise EPSi is designed to bring together all the major components of financial management—strategic planning, product line budgeting, cost accounting and operational and capital budgeting—to provide healthcare organizations with an arsenal of integrated performance management tools that are even more powerful when they work together.
Sunrise EPSi was named Best in KLAS for Business Decision Support for the fourth consecutive year in the 2009 “Top 20 Best in KLAS Award: Software and Professional Services” report issued by KLAS Enterprises, Inc. It also led the Budgeting category for the third straight year in the same report. The EPSi Budget Manager module also holds a 95-percent user adoption rate.
“Eclipsys’ Sunrise EPSI budgeting system has been one of the most valuable systems we’ve deployed to exert better control over budgeting processes,” said Mark Trocino, chief information officer, Dekalb Medical. “It has proved extremely effective in supporting our ability to better forecast, analyze our costs, and manage reimbursements and staffing performance across our organization. The enhanced access to critical management information has fundamentally changed processes for annual budgeting and ongoing revenue and expense monitoring across all functional areas for the better.”
Sunrise EPSi, together with the Sunrise Patient Flow™ and Sunrise Clinical Analytics™ comprise the Eclipsys performance management solution suite, which will be showcased at HIMSS10 in Atlanta, March 1-4 (booth #5833).
About KLAS
KLAS is a research firm specializing in monitoring and reporting the performance of healthcare vendors. KLAS’ mission is to improve delivery, by independently measuring vendor performance for the benefit of its healthcare provider partners, consultants, investors, and vendors. Working together with executives from over 4500 hospitals and over 2500 clinics, KLAS delivers timely reports, trends, and statistics, which provide a solid overview of vendor performance in the industry. KLAS measures performance of software, professional services, and medical equipment vendors. For more information, go to www.KLASresearch.com , or email marketing@KLASresearch.com , or call 1-800-920-4109 to speak with a KLAS representative.
About the 2009 Top 20 Best in KLAS Awards: Software and Professional Services report
The report reflects the summary of healthcare information technology (HIT) software and professional services performance data as reported by physician offices, clinics, IDNs, inpatient facilities, and applicable healthcare agencies. The HIT software ratings reflect data collected over the past 13 months (October 15, 2008 – November 15, 2009); the professional services ratings reflect data collected over the past 18 months (May 15, 2008 – November 15, 2009). Each product or segment is listed by market segment.
About HFMA
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With over 35,000 members, HFMA is the nation’s leading membership organization of healthcare finance executives and leaders. It provides education, analysis, guidance, tools and solutions to help members get results. For more information, please visit www.hfma.org.
About Eclipsys
Eclipsys is a leading provider of advanced integrated clinical, revenue cycle and performance management software, clinical content and professional services that help healthcare organizations improve clinical, financial and operational outcomes. For more information, see www.eclipsys.com or email info@eclipsys.com.