Download the Press Release - EPSi Healthcare Financial Decision

Leading U.S. health providers choose EPSi™ decision
support platform to improve financial performance
Momentum shows EPSi’s success in empowering clients to meet rapidly changing
market needs
CHICAGO – March 9, 2017 – EPSi, Allscripts (NASDAQ: MDRX) flagship budgeting, longrange planning, cost accounting and financial decision support platform, is entering the new
year with momentum after signing several new clients in the fourth quarter of 2016.
EPSi is a leader in integrated financial decision support, budgeting and planning solutions for
the healthcare industry. More than 900 hospitals in the U.S., including nine of the top 10 rated
hospitals, 128 IDN systems, and 40 global academic facilities rely on EPSi for data-driven
insight into managing costs and improving their long-range financial performance.
Beaumont Health System chose EPSi as it went through a concentrated effort to consolidate all
functional applications after a recent merger of its 8 hospital facilities. EPSi will drive
Beaumont’s key financial planning and decision support processes, building an annual
operating budget and creating a full system-wide decision support capability procedure that will
help Beaumont manage the shift to value-based care reimbursement and bundled payments.
EPSi will also enable Beaumont to facilitate long-range financial planning across its newly
merged system.
“Allscripts EPSi will unlock an integrated view of our finances and operations across our entire
health system,” said John Kerndl, Executive Vice President and CFO. “This broad view enables
us to better plan for our financial health and will help us in our transition from volume to value.”
Yuma Regional Medical Center will use EPSi to help achieve its operating budget for the next
fiscal year and optimize its financial plan for the future. Yuma Regional will also use EPSi to
implement a fully functional decision support and cost accounting process, which is expected to
positively impact its organizational performance profitability.
“EPSi will help us combine clinical and financial data for more complete and accurate decision
support information,” said David Willie, Yuma Regional Chief Financial Officer. “EPSi offers
deeper functionality and an integrated data model that we didn’t find in other solutions in the
market.”
Wise Health System selected EPSi for its integrated cost accounting, budgeting and long range
planning, reporting and analytics tools that will help drive Wise Health’s strategic financial
decisions. Wise Health expects to be able to plan budgets more accurately and efficiently, and
connect to powerful long-range planning and forecasting capabilities.
Wise Health is also contracted to use Allscripts Sunrise™, a highly configurable electronic
health record that offers workflows to help drive adoption of clinical decision support, and
CareInMotion™, a comprehensive, adaptable framework that enables healthcare organizations
to address their specific population health priorities, such as connectivity, care coordination,
analytics and patient engagement.
“Healthcare systems face increasingly complex demands on their financial organizations. New
requirements such as bundled payments, accountable care organizations and population health
initiatives are forcing hospitals to analyze more data than ever,” said Ralph Keiser, EPSi Chief
Executive Officer. “EPSi provides the tools clients need to incorporate, analyze and utilize data
to drive the organizational transformation required to succeed in the transition from volume to
value. We are powering the value equation in population health management.”
About Allscripts
Allscripts (NASDAQ: MDRX) is a leader in healthcare information technology solutions that advance
clinical, financial and operational results. Our innovative solutions connect people, places and data across
an Open, Connected Community of Health™. Connectivity empowers caregivers to make better decisions
and deliver better care for healthier populations. To learn more about EPSi visit www.epsi.io.
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© 2017 Allscripts Healthcare, LLC and/or its affiliates. All Rights Reserved.
Allscripts, the Allscripts logo, and other Allscripts marks are trademarks of Allscripts Healthcare, LLC
and/or its affiliates. All other products are trademarks of their respective holders, all rights reserved.
Reference to these products is not intended to imply affiliation with or sponsorship of Allscripts
Healthcare, LLC and/or its affiliates.
For more information, contact:
Investors:
Seth Frank
312-506-1213
[email protected]
Media:
Concetta Rasiarmos
312-447-2466
[email protected]