Kaufman Hall Partners with Munson Healthcare; Health System Selects Kaufman Hall Software for Budgeting, Financial Planning and Reporting
Skokie, IL (PRWEB) February 23, 2016 -- Kaufman Hall, a leading provider of strategic, capital and financial advisory services and software tools to healthcare organizations, today announced that Munson Healthcare, a regional, nonprofit health system serving northern Michigan, has selected its solutions for Budgeting, Capital Planning, Long-Range Planning, and Reporting across its network. Kaufman Hall’s integrated software solutions will enable Munson Healthcare to consolidate disparate financial management processes and glean a single, holistic view of organizational performance.
Munson Healthcare’s system spans 24 counties and consists of a major tertiary referral medical center, eight rural-based hospitals, extensive outpatient treatment and rehabilitation facilities, and home-based medical services. To help address the strategic and financial challenges associated with managing a network of community hospitals, Munson Healthcare selected Kaufman Hall as its solution provider. Kaufman Hall differentiated itself with deep integration capabilities and flexibility, as well as proven expertise in navigating the transition to value-based care.
“We were looking for software that offered more configurable solutions to accommodate the various ways we forecast and a software team with a deep understanding of healthcare finance who would be available to us to provide consultation as our planning and budgeting needs continue to evolve in this ever-changing industry,” said Alicia Maitland, Corporate Controller at Munson Healthcare. “We knew we needed a more intuitive solution to ensure long-term success, and Kaufman Hall provided a powerful combination of agility and unification, making the company the best fit for our needs.”
Kaufman Hall’s Axiom Software Suite includes sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future and optimize organizational decision-making. Today, more than 1,000 healthcare providers rely on this software to help manage their operations and quantify the financial impact of the decisions they make.
“We’ve seen significant demand for our finance software by healthcare organizations, which we attribute to a pressing need in the industry for solutions that are comprehensive, yet flexible enough to address a dynamic healthcare environment,” said James Bodan, Executive Vice President of Kaufman Hall’s Healthcare Software Division. “We are happy to offer this unique capability to Munson Healthcare and look forward to a long partnership.”
About Munson Healthcare
Munson Healthcare is a nonprofit network of hospitals and related organizations delivering a broad array of health care services to Michigan’s northern Lower Peninsula and eastern Upper Peninsula. We are nine community hospitals committed to the well-being of the each patient and to delivering high quality, safe, affordable health care close to home. We are eight supporting organizations contribute to regional health care through coordinated services that result in quality, convenient, easy to use care for patients and their families. Together, we are stronger. Together, we are Munson Healthcare. More information at munsonhealthcare.org/aboutMHC
About Kaufman Hall
Leveraging 30 years of experience, Kaufman Hall helps hospitals and health systems implement best practices in management that integrate strategy, finances, and operations to empower organizations to reach their full potential. Management consulting services and enterprise performance management software enable data-driven analysis and quantify the financial impact of plans, scenarios, and actions to improve organizational decision making. Kaufman Hall’s Axiom Software Suite provides sophisticated, integrated, and intuitive solutions for budgeting and forecasting, long-range planning, capital planning & management, performance reporting, and decision support and analytics delivered via the cloud or on premise. To learn more, visit http://www.kaufmanhall.com.
Ross Homer, Aria Marketing for Kaufman Hall, +1 617-332-9999 Ext: 212, [email protected]
Share this article