We considered several EPM solutions, but determined that Axiom EPM would be the best fit for our needs, both now and looking to the future.
Portland, OR (PRWEB) May 20, 2014
Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today announced that Summa Health System (Summa), an Ohio-based, nationally recognized integrated healthcare delivery system encompassing a network of hospitals, community-based health centers, a health plan, a multi-specialty group practice and an accountable care organization (ACO), has selected its enterprise performance management (EPM) solutions to meet its unique and rapidly evolving business needs.
Summa has a pertinent need for an integrated, flexible EPM platform that will provide insight into, and a holistic analysis of, its corporate performance. Summa selected Axiom EPM based on the ease-of-use of its solutions, its unique Excel® integration and advanced reporting capabilities. Summa will implement a comprehensive suite of Axiom EPM solutions, including budgeting and forecasting, strategic planning, reimbursement modeling, physician practice planning, and dashboards.
“We considered several EPM solutions, but determined that Axiom EPM would be the best fit for our needs, both now and looking to the future” said Nino Ciraldo, system director of finance at Summa. “The software platform will provide a ‘one-stop-shop’ for our budgeting, planning and forecasting needs, will be instrumental in supporting strategic and operational decision making and will enable us to nimbly respond to ongoing regulatory and reform changes.”
Summa is one of the largest integrated healthcare delivery systems in Ohio, providing coordinated, value-based care across the continuum for the people and populations it serves. Its goal is to provide the best quality care at the right time in the right place for all patients.
“As providers look to align strategy with execution to keep pace with both regulatory and market changes, they are realizing that traditional finance tools and models don’t have the capability to deliver the long-range insight they need,” said David Janotha, industry vice president of healthcare at Axiom EPM. “We are excited that we will be able to provide that value to Summa via a streamlined approach to planning that will help position them for long-term success.”
About Axiom EPM
Axiom EPM provides sophisticated, flexible performance management solutions for hospitals and healthcare providers that empower finance professionals to analyze results, model the future and optimize organizational decision making. Solutions for budgeting & forecasting, cost accounting, capital planning, strategy management, productivity monitoring, and reporting & analytics are delivered on a single unified platform. Axiom EPM embraces and extends Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance. Axiom EPM is a wholly-owned subsidiary of Kaufman Hall and Associates.