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Amedisys, Inc. Selects MedeFinance Business Intelligence Solution; ATB Manager Interactive Analytics To Support Financial Improvement Initiatives.


OAKLAND, Calif. -- Emeryville-based MedeFinance, a leading provider of business intelligence and analytical tools for the healthcare industry, announced today that Amedisys, Inc., a premier provider of home nursing services headquartered in Baton Rouge, LA, has signed an agreement to implement ATB ATB Antibiotic
ATB All The Best
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 Manager(TM) to monitor and measure key financial performance metrics.

ATB Manager, which is currently installed in more than 400 U.S. hospitals, provides management with a standardized, reliable, and current-time view of financial performance, delivering actionable information and key analytics in a user-friendly interface. Financial managers are continually enabled with the intelligence needed to properly measure and monitor the revenue and accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying  cycle and proactively address operating efficiency.

"We selected MedeFinance because we were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 a solution that was scaleable and configurable to address the unique complexities involved in monitoring the specialized business of home health care," stated Gregory Browne, CFO See Chief Financial Officer.  of Amedisys, Inc. "MedeFinance has achieved tangible ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  for leading healthcare providers across the U.S., and we believe their web-based technology and decision intelligence will be invaluable to helping us attain our performance improvement objectives."

"Being selected as a business intelligence partner with Amedisys validates the growing importance healthcare providers of all types are placing on understanding and improving their financial performance," stated Jim Quist, MedeFinance Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are especially excited about our further expansion into the home nursing services sector, and look forward to working with the Amedisys team."

About Amedisys, Inc.

Amedisys is the country's second largest provider of home nursing services, with more than 20 years of success in the healthcare industry. The company operates sites across 12 southern and southeastern states. Amedisys was incorporated in Louisiana in 1982. In 1994, the Company became public and currently trades on The Nasdaq Market under the symbol "AMED AMED Allied and Alternative Medicine (database / base de donnée)
AMED Association for Management Education and Development
AMED Army Medical (US Army)
AMED Army Medical Department
."

About MedeFinance

MedeFinance is a leading provider of business intelligence and analytical tools for the healthcare industry. The company is recognized for delivering innovative products and services that improve bottom-line performance and create sustainable value for its clients, which include Kaiser Permanente, Tenet Healthcare Corp., Partners HealthCare, and Triad Healthcare Inc. MedeFinance is a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 based in Emeryville, Calif. To find out more about MedeFinance, visit www.medefinance.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 25, 2004
Words:368
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