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OAKLAND, Calif. May 29, 2007 -
Emeryville-based
MedeFinance (Mede) has contracted to provide
performance-enhancing business analytics at
West Tennessee Healthcare, Jackson, TN,
which will be implemented at Bolivar General
Hospital, Camden General Hospital, Gibson
General Hospital, Humboldt General Hospital,
Jackson-Madison County General Hospital, and
Milan General Hospital.
“Using Mede’s business
analytics platform is a key initiative
within our health system to improve
visibility into enterprise-wide data,”
stated Bobby Arnold, corporate chief
financial officer for West Tennessee
Healthcare. “Mede
will provide us with an enterprise-wide
snapshot of key performance indicators that
staff at all levels can easily use to
facilitate more timely and informed decision
making capabilities for our organization.”
Mede’s analytics
suite, including Self-Pay Analytics and
Revenue Cycle Analytics, will provide a
comprehensive view of business performance
with personalized and actionable dashboards
to help West Tennessee Healthcare’s flagship
and five surrounding community hospitals
monitor, manage, and improve critical
aspects of their revenue cycle and financial
performance.
“West
Tennessee Healthcare joins a growing number
of healthcare organizations turning to
business intelligence and predictive
analytics technology to gain a more complete
understanding of their operations,” stated
Mike Gallagher, CEO of Mede.
“Our software-as-a-service technology
platform provides flexibility at a cost that
can be supported by hospitals when
capital-expenditure budgets are tight.”
About
West Tennessee
Healthcare
West Tennessee Healthcare is a public,
not-for-profit healthcare
system. Modern Healthcare Magazine listed
West Tennessee Healthcare as one of the top
ten largest public, not-for-profit
healthcare systems in the U.S. With
locations throughout 17 counties in West Tennessee, West Tennessee Healthcare is a family of
healthcare services that provides a full
compendium of care from six hospitals, home
healthcare agency, medical laboratory
services, medical products and infusion
services, outpatient rehab facilities, early
child development intervention services,
community support and education, and more.
West Tennessee Healthcare employs
approximately 5,200 people and is the
largest employer in West Tennessee outside
Shelby
County.
About
MedeFinance
Mede is the leading provider of managed,
hosted on-demand business analytics and
client services to assist healthcare
providers and health plans improve financial
and operational performance.
The company is recognized for
delivering innovative services that create
sustainable value through advanced adaptive
analytics, an instantly available IT
environment and unparalleled client
services. The company
serves over 700 healthcare providers in the
U.S.
and
U.K.,
including Kaiser Permanente, Tenet
Healthcare Corp., Partners HealthCare, and
The Cleveland Clinic. To find out more about
Mede, visit
www.medefinance.com.
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