Siemens Signs New Revenue Cycle Management Customers
February 26 2008 - 11:00AM
PR Newswire (US)
Healthcare Institutions Sign on for Soarian Financials and Other
Revenue Cycle Management Solutions ORLANDO, Fla., Feb. 26
/PRNewswire/ -- As revenue cycle management continues to be a pain
point for the healthcare industry, many institutions turned to
innovative solutions from Siemens
(http://www.usa.siemens.com/healthcareit) to help support their
revenue cycle management initiatives. (Logo:
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
Christiana Care Health System (http://www.christianacare.org/), a
1,000-bed regional healthcare system located in Wilmington, Del.,
recently signed a deal with Siemens for Soarian(R) Financials,
Soarian Scheduling, Enterprise Document Management (EDM) and
Siemens Decision Support Solutions. One of the largest healthcare
providers in the mid-Atlantic region, Christiana Care recognized an
opportunity to improve its revenue cycle management initiatives
with the help of innovative information technology solutions and
felt Soarian was the best fit for its organization. "As we looked
to replace our legacy hospital-based and ambulatory registration,
scheduling, and billing systems, our requirements focused on an
enterprise-class system, built on next-generation architecture,
that could help us streamline and integrate our processes and
information flow much better and differently than today," explained
Steve Hess, vice president and chief information officer,
Christiana Care. "With Soarian, we believe we have the solution
that will enable the operations within Christiana Care and patient
access with Christiana Care to be more efficient and effective for
all." Christiana Care Chief Financial Officer Tom Corrigan agreed,
stating, "After an exhaustive review of vendor applications that
support registration, scheduling, and billing processes, we firmly
believe that Siemens Soarian offers the greatest opportunity for
Christiana Care to successfully transform our business operations."
Siemens also closed deals with other healthcare organizations
throughout the U.S. in recent months including: -- BryanLGH Health
System, a 600-bed, not-for-profit, locally owned healthcare
organization with three acute care facilities, several outpatient
clinics, a college of Health Sciences and a state-of-the-art health
and wellness facility located in Lincoln, Neb., signed with Siemens
for Soarian Financials and Soarian Clinicals; -- Riverside County
Regional Medical Center, a 439-bed state-of-the-art tertiary care
and level II adult and pediatric facility located in Moreno Valley,
Calif., signed with Siemens for Soarian Financials, Soarian
Scheduling, Soarian Health Information Management (HIM) and EDM,
and Siemens Decision Support Solutions; -- Hamilton Medical Center,
a 280-bed hospital located in Dalton, Ga. and flagship affiliate of
Hamilton Health Care System, signed with Siemens for Soarian
Financials and Soarian Scheduling; -- Wentworth-Douglass Hospital,
a 178-bed, acute care hospital located in Dover, N.H., signed with
Siemens for Soarian Financials, Soarian Scheduling, Soarian HIM and
EDM, and Soarian Clinicals. "The momentum we've seen on the revenue
cycle management side demonstrates the increasing need for
innovative solutions that support the creation of optimized
processes and increased efficiency," stated Janet Dillione, CEO,
Health Services, Siemens Medical Solutions. "Soarian helps to
streamline access to financial information across the enterprise,
allowing for stronger collaboration among care givers and staff
members, and more efficient and informed decision making." This
week at the Healthcare Information and Management Systems Society
(HIMSS) 2008 Annual Conference and Exhibition in Orlando, Siemens
(Booth #3763) is showcasing the following solutions from its
revenue cycle management portfolio: -- Soarian Financials is a
next-generation IT solution designed to streamline revenue-cycle
management by helping manage costs through a patient-centric,
workflow-driven approach. Soarian Financials embeds a contract
engine and an enterprise-wide master person index (EMPI) into a
comprehensive revenue-cycle solution. By delegating the right work,
to the right person, at the right time and place, Soarian
Financials can help healthcare organizations refine the
registration process, reduce delays and denials, integrate payer
rules and edits up front, increase point-of-service collections,
generate accurate claims, reduce dependencies on third parties, and
simplify patient billing. -- Soarian HIM provides immediate access
to a complete, online medical record. Patient data is streamlined,
virtual, and paperless, so information is available at the point of
need. The solution consolidates traditionally separate HIM
applications into one environment-online record, deficiency
analysis, chart completion, coding management, HIPAA disclosures,
and information releases-all combined into a single infrastructure
for storage. -- Soarian Scheduling is an enterprise-wide patient
scheduling and resource management solution that optimizes the
delivery of care services for each individual patient. The solution
seamlessly integrates scheduling and registration workflows to help
increase user productivity and significantly reduce patient wait
times. -- Siemens Decision Support Solutions is a suite of
integrated applications that support team-based decision-making on
the healthcare management team. The solution's need-specific
modules offer healthcare organizations timely views of performance
against strategic metrics and provide access to clinical and
financial reports and analyses to help manage costs, increase
productivity and improve quality of care. -- MedSeries4(R) Revenue
Cycle Management Solutions, designed specifically for community
hospital organizations, provide a comprehensive, proactive set of
solutions that can help healthcare organizations reduce account
cycle time and the financial loss associated with denials,
underpayments, and bad debt. About Siemens Healthcare Siemens
Healthcare is one of the world's largest suppliers to the
healthcare industry. The company is a renowned medical solutions
provider with core competence and innovative strength in diagnostic
and therapeutic technologies as well as in knowledge engineering,
including information technology and system integration. With its
laboratory diagnostics acquisitions, Siemens Healthcare will be the
first fully integrated diagnostics company, bringing together
imaging and lab diagnostics, therapy, and healthcare information
technology solutions, supplemented by consulting and support
services. Siemens Healthcare delivers solutions across the entire
continuum of care -- from prevention and early detection, to
diagnosis, therapy and care. The company employs more than 49,000
people worldwide and operates in 130 countries. In the fiscal year
2007 (Sept. 30), Siemens Healthcare reported sales of euro 9.85
billion (on a pro forma basis including Dade Behring roughly euro
11 billion), orders of euro 10.27 billion, and group profit of euro
1.32 billion. Further information can be found by visiting
http://www.siemens.com/healthcare.
http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO
DATASOURCE: Siemens Healthcare CONTACT: Michele Bowman,
+1-610-448-3236, Web site: http://www.siemens.com/healthcare
http://www.usa.siemens.com/healthcareit
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