Healthland and PMI form partnership to provide EIS solutions to small community hospitals

Sep 4 2009

Healthland, America's market leader of healthcare information solutions for small community and critical access hospitals, announced today it has partnered with the Performance Management Institute (PMI), to deliver an innovative solution to small community hospitals. PMI works with numerous state networks and hospital systems to provide a platform for monitoring and performance. Developed in partnership with PMI, the Healthland Executive Information System (EIS) will extract relevant data from Healthland’s Financial System and Clinical System solutions to provide an easy-to-grasp, actionable snapshot of performance to improve decision making and provide evidence for meaningful use criteria.

“This new partnership and product offering is another demonstration of what Healthland is doing to help small community hospitals in today’s challenging marketplace,” said Angie Franks, Senior Vice President of Sales and Market Development. “Hospitals are being challenged more than ever with increased patient care standards, new government regulations and financial constraints. Astute business decisions are critical to meet these challenges, and must often be made quickly to seize important opportunities. Healthland’s EIS provides the data needed to make crucial decisions both timely and efficiently.”

EIS will also help hospitals with upcoming meaningful use criteria. The new system will provide evidence for meaningful use of a hospital’s information systems in the areas of quality and efficiency improvements with data that is already captured on a daily basis. EIS will provide specific report indicators that will help determine the outcomes of internal performance initiatives targeting quality improvements and efficiencies.

The financial health of a hospital relies on business intelligence to fuel key decisions in an organization. This intelligence must be current, complete, immediately applicable and acquired in a cost-effective manner. Healthland Executive Information System does that by providing:

• Fast, reliable answers to a wide range of crucial questions from the billing cycles to operating revenues and operating expenses
• Clear at-a-glance presentation of several key financial indicators that feed strategic and tactical decisions
• Less time, manual effort and cost required to gather data and generate reports, freeing staff to concentrate on more important tasks
• Ability to compare current performance with performance from past reporting periods
• Comparisons to similar hospitals across the country from PMI’s acclaimed Rural Performance Network (RPM) website

“We are excited to partner with a leader like Healthland on this impressive solution to the small community hospital market,” said W. Hudson Connery, Jr., PMI chief executive officer. “EIS automates current data and transforms it into a powerful tool that can be used in a hospital’s important decision-making process which is so important in this age of healthcare reform.”

With the new Healthland, PMI product, there is no need for expensive interfaces. The Executive Information System is built from the ground up for integration with Healthland financial applications. The solution not only leverages data collected from financial systems, but is also enhanced to work with Healthland’s clinical systems including inpatient, ambulatory and ED products.

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