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Berger Health System Selects MedeFinance Financial Analytics Solution.


OAKLAND, Calif. -- Emeryville-based MedeFinance, a leading provider of financial analytic solutions for healthcare fiscal managers, announced that Berger Health System, a community-based healthcare network located in Circleville, OH, has signed a three year agreement to implement ATB ATB Antibiotic
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 Manager(TM) to monitor and measure key financial performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. .

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.

"ATB Manager will help us anticipate financial challenges and make the most effective decisions for optimizing 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  and improving our overall revenue cycle performance," stated Tim Colburn, CFO See Chief Financial Officer.  of Berger Health System. "We are excited about having this level of decision intelligence to help develop performance standards and drive financial improvement."

"We are very pleased to be working with Berger Health System and are confident that our analytics solution will positively impact their performance at all stages of the revenue cycle," stated Jim Quist, 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.  of MedeFinance. "We welcome Berger Health System to the MedeFinance family."

About Berger Health System

Berger Health System is a community-based health care system located in Circleville, Ohio committed to providing the highest quality health services health services Managed care The benefits covered under a health contract , while exercising prudent fiscal responsibility. Berger Health System is dedicated to promoting community wellness and enhancing the health, welfare, and safety of all employees.

About MedeFinance

MedeFinance is a leading provider of financial analytic solutions for healthcare fiscal managers. 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
Date:Nov 30, 2004
Words:297
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