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Children's Hospital and Clinics of Minnesota Selects St. Croix Systems’ Capital Asset Lifecycle Management Solution to Manage Hospital Capital Assets

Children's Hospital of Minnesota will utilize St. Croix’s applications to improve the performance of assets, control inventory, automate work order processing, manage contracts and warranties, streamline capital planning, and organize departmental safety responsibilities.

Boston, MA (PRWEB) May 18, 2006 -- St. Croix Systems announced today that Children’s Hospitals and Clinics of Minnesota is deploying the company’s Capital Asset Lifecycle Management applications to automate the management, maintenance, safety, and capital planning for all hospital capital assets -- including clinical, facility and IT.

Serving as the eighth-largest Children’s healthcare organization in the U.S., Children’s of Minnesota provides care to over 13,000 inpatient visits and more than 200,000 emergency room and other outpatient visits each year. The health system will utilize St. Croix’s applications to improve the performance of assets, control inventory, automate work order processing, manage contracts and warranties, streamline capital planning, and organize departmental safety responsibilities. By standardizing on St. Croix solutions, Children’s of Minnesota will bring all medical equipment management functions in-house and consolidate all asset data into a single database, improving the consistency and effectiveness of operations and simplifying necessary compliance and regulatory reporting requirements.

St. Croix Systems Capital Asset Lifecycle Management solutions manage the planning, acquisition, tracking, utilization, maintenance, safety and risk management, and retirement of all capital assets through one single, comprehensive source of integrated data. Its scalable foundation supports the hospital enterprise, connecting core functions and integrating with other hospital information systems, including ERP, ADT and hospital billing, to capture real-time data critical to optimizing the use of assets and resources throughout the environment of care.

“We are pleased that Children’s of Minnesota has joined a growing list of healthcare providers who look to our Capital Asset Lifecycle Management applications as a strategic solution for achieving measurable impact on operational and financial performance” said Sam Adams, St. Croix Systems president and CEO. “Our solutions support institutions striving to optimize resources, increase asset utilization, and improve overall safety and risk management within the environment of care. The combination of best practices and St. Croix’s applications addresses our customer needs to decrease the time it takes to locate, track, deploy, and maintain capital assets needed to facilitate the delivery of care in a safe, reliable and efficient manner.”

About St. Croix Systems Corporation

St. Croix Systems (www.stcroixsystems.com) is the leading provider of software and services designed to integrate the core functions of asset management, asset logistics, safety management and capital planning for healthcare providers world-wide. Since 1993, health systems have been utilizing our applications to improve asset and facility management, increase operating and financial performance, and enhance service and safety in the environment of care. Privately owned, St. Croix Systems is headquartered in Boston, MA.

Media Contact:

St. Croix Systems
Becky Nies, 612-850-0739

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CONTACT INFORMATION
Becky Nies
ST. CROIX SYSTEMS CORP.
612-850-0739
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