Amerinet Expands Service - Partners with MEMdata to Create Robust Capital Budgeting Tool.ST. LOUIS -- Amerinet Inc., a leading national health care purchasing organization, announced today the expansion of its BudgetMatch services through an exclusive relationship with MEMdata, Inc. to simplify and streamline the capital budgeting process. "BudgetMatch represents the latest step in Amerinet's ongoing vision to provide fundamental change, enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; , and critically important cost reduction services to members," said Todd C. Ebert Amerinet president. The expanded services and new BudgetMatch software have been co-developed in a unique partnership between Amerinet and MEMdata, a technology management firm that specializes in capital equipment procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , budgeting, research, planning and related activities for health care organizations. The new Web-enabled program is designed to assist medical facilities in maximizing their capital equipment budget to ensure best practices in budgeting and procurement for a more accurate forecast. "Amerinet's BudgetMatch service not only identifies the Amerinet contract matching it to an institution's budgeted capital equipment, but also provides market-based valuations Market-based valuation is a form of stock valuation that refers to market indicators, also called "extrinsic" criteria (i.e., not related to economic fundamentals and account data, which are "intrinsic" criteria). for the equipment items as well," said Mike Reid, Amerinet senior director, construction, capital and facility services. "We've designed the best, most affordable and user-friendly system available," said Bob Yancy, MEMdata 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 know of no other system that provides the competitive price forecasting and actual cost reductions of BudgetMatch." Amerinet BudgeMatch, powered by MEMdata, features a password-protected Web site and accepts most electronic file uploads Transmitting a file from your computer to another computer. "File upload" is essentially the same term as "upload," because most of the time data are transmitted as a structural unit known as a "file." including Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. . The system provides the ability to change a facility's budget as many times as necessary and matches the appropriate equipment entries with Amerinet's capital equipment portfolio. Some of the key benefits of this new program include: * A central repository (1) A database of information about applications software that includes author, data elements, inputs, processes, outputs and interrelationships. A repository is used in a CASE or application development system in order to identify objects and business rules for reuse. of provider's capital equipment budget data in a secure online database * Line item contract matching from the Amerinet capital equipment supplier portfolio * Depreciation schedules of all assets in capital budget * Capital allocation forecasting capabilities * The ability to update the budget, including additions and deletions of line items * Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. charting and summaries by department and calendar quarter * The ability to track actual purchases as they are made throughout the fiscal year About MEMdata MEMdata is a performance-based technology management firm specializing in capital equipment e-sourcing, price benchmarking, budgeting, research, planning and related activities for health care organizations. MEMdata processes in excess of 8,400 capital equipment proposals annually for over 500 medical facilities nationwide. Through database tracking of 193 capital asset categories containing thousands of equipment items ranging from Imaging to IT, MEMdata assures best-in-class pricing for its clients through risk free and self-funding services. MEMdata and its subsidiary company, EquippingHospitals.com, can be found online at www.memdata.com and www.equippinghospitals.com. For more information call Leigh Troxell, Marketing Manager at (979) 695-1950 x109. About Amerinet Inc. Through Total Spend Management Solutions, Amerinet strategically partners with health care providers to improve operating margins Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: by creating efficiencies, reducing costs and identifying new revenue streams. Supported by a team of clinical, data and supply chain experts, Amerinet offers a suite of tools, programs and services including a comprehensive and competitive portfolio that delivers practical solutions to address members' specific needs. Based in St. Louis, Mo, with offices in Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. , Providence Providence, city (1990 pop. 160,728), state capital and seat of Providence co., NE R.I., a port at the head of Providence Bay; founded by Roger Williams 1636, inc. as a city 1832. , R.I., and Warrendale, Pa., Amerinet serves more than 22,000 acute and non-acute health care providers nationwide. To learn more, visit www.amerinet-gpo.com. |
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