Syntellis' Axiom Healthcare Suite was recognized as the leader in Benchmarking & Comparative Analytics, Cost Accounting & Financial Decision Support, and Provider Contract Management solutions.
Black Book collected survey responses from nearly 5,000 health system chief financial officers, vice presidents of finance, controllers, and others to determine the top-performing vendors among in-demand financial software, technology platforms and systems.
'We're proud to be recognized for the fourth year running as the leading vendor across several categories by
In addition to the three first-place rankings, Syntellis' Axiom Healthcare Suite earned second position in the Financial Data Reporting & Visualizations category and placed in the Revenue Analytics Solutions category.
'Healthcare finance executives continue to rank the Axiom Healthcare Suite from Syntellis as their #1 pick for benchmarking and comparative analytics, cost accounting and financial decision support, and provider contract management solutions,' said
Consistent with its number-one overall ranking in each of the three healthcare financial technology categories, Syntellis' Axiom Healthcare Suite continues to deliver enhanced value and return on investment to healthcare organizations and users.
Customers using Axiom Comparative Analytics experienced 1.3% higher Outpatient Revenue and 1.1% higher Inpatient Revenue compared to non-users. Additionally, Labor Expense per Adjusted
Axiom Enterprise Decision Support empowers healthcare organizations to drive performance and decision-making with a single, trusted source of financial and clinical performance measures. In fact, users spend on average 60% less time on data management and reporting.
Organizations using Axiom Contract Management can often see 50% less time managing contracts; a five percent increase in underpayment collections; a five percent denial rate improvement and 0.2% higher negotiated rates from payers.
Black Book conducts polls and surveys with healthcare executives and front-line users about their current technology and services partners and awards top-performing vendors, like Syntellis Performance Solutions, based on 18 indicators of client experience, loyalty and customer satisfaction. Black Book's full 2023 financial software solutions survey can be viewed at: https://blackbookmarketresearch.com/finance-revenue-cycle-management.
About Syntellis Performance Solutions
Syntellis Performance Solutions provides innovative enterprise performance management software, data, and intelligence solutions for healthcare organizations. Its solutions include enterprise planning, cost and decision support, and financial and clinical analytics to elevate organization performance and transform vision into reality. More than 2,800 organizations and 450,000 users rely on Axiom, Connected Analytics, and Stratasan software. With an HFMA Peer Review designation for nearly a decade and No. 1 rankings from
Contact:
Tel: 312-206-1188
Email: CGranstra@syntellis.com
(C) 2023 Electronic News Publishing, source