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Kaufman Hall Announces Acquisition of Axiom EPM, Extending Industry Leading Consulting and Software Capabilities for Financial Performance Management

Transaction Combines Industry Expertise and Innovative Cloud Software Capabilities for Advanced Planning, Modeling, Analysis and Reporting in Healthcare, Banking and Higher Education

April 23, 2014 – Chicago, IL – Kaufman Hall, the leading provider of strategic financial consulting services and software tools to healthcare organizations, today announced that it has completed the acquisition of Axiom EPM, a Portland, OR-based private software company recognized for delivering sophisticated, flexible performance management solutions used by leading organizations in sectors including healthcare, higher education and banking.

Terri Wareham, Kaufman Hall CEO, said the combination of Kaufman Hall and Axiom “creates a single company with unmatched expertise and experience in data-driven analysis to transform financial, operational and strategic planning.”

“As companies today struggle with critical business decisions, it is particularly difficult for them to assess and quantify the strategic and financial impact of plans, scenarios and actions,” Wareham noted, “especially in sectors such as healthcare, higher education and banking, where regulatory challenges, revenue pressures and rapidly changing market conditions make strategic decisions and resource allocation so challenging.“

Peri Pierone, Axiom EPM CEO, noted that “Our combined strength is built on the unique synergy of industry-leading consulting expertise and innovative software.Kaufman Hall’s consulting expertise and established software install base, combined with Axiom’s advanced planning and decision-support capabilities, delivered via cloud or on premise, create an organization that meets clients’ needs today and into the future.”

Pierone added “We are also thrilled about the solid foundation for significant growth created by our two powerful blue chip portfolios. Kaufman Hall’s breadth in consulting in healthcare is complemented by Axiom’s significant experience in creating innovative planning and cost accounting software solutions used by major healthcare organizations. The synergies form a solid core that is further enhanced by Axiom’s expertise and proven software solutions for organizations in higher education, banking and other sectors.”

The combined company will be positioned to broaden its base of business via Axiom’s multi-sector portfolio and to extend, as appropriate, Kaufman Hall’s consulting expertise into new industry sectors. Similarly, Kaufman Hall’s industry-leading presence in healthcare will create significant opportunities for utilization of Axiom’s already in-market tools such as cost accounting and service line analytics that are absolutely critical for healthcare providers dealing with the challenges of health system reform.

Both companies have a proven track record of superlative client service and satisfaction. Pierone said “As a combined entity, we have achieved 100 percent implementation success and a client retention rate in excess of 97 percent over the past 10 years – numbers that speak for themselves and are unheard of in this industry.”

The Axiom EPM brand will continue and operate as a wholly owned subsidiary of Kaufman Hall. Current employees and offices will be retained and targeted hiring plans will be put in place to serve increased market demand for performance management software and services. There will be no changes to existing contracts for current Kaufman Hall or Axiom EPM customers and partners. There will also be no changes for current clients in terms of customer support for existing solutions and technology.

“Our top priority is, and has always been, client satisfaction,” commented Wareham. “This strategy is all about extending the value and capabilities that we can provide our clients to help them achieve outstanding financial performance.”

William Blair and Company of Chicago acted as the exclusive financial advisor to Kaufman Hall.  Vista Point Advisors, a San Francisco-based boutique investment bank, acted as the exclusive financial advisor to Axiom EPM.

About Kaufman Hall

Since 1985, Kaufman Hall has been a leading software provider and advisor to hospitals and health systems, helping them incorporate proven methods into their strategic and financial management processes and consistently achieve their goals. We contribute to our clients’ success by providing the industry’s most advanced offering of integrated management solutions, which includes consulting services and software tools designed to facilitate and sustain organizational improvement. More than 600 hospitals and health systems across the country use Kaufman Hall software to help plan and manage their operations. To learn more, please visit www.kaufmanhall.com.

About Axiom EPM

Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM provides sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future and optimize organizational decision making. Solutions for budgeting and forecasting, reporting and analytics, strategy management, consolidations, capital planning, profitability and cost management are delivered on a single unified platform. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.

April 23, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

Axiom EPM Announces Enhanced Capabilities for Healthcare Performance Management at HFMA ANI 2013

Company Expands Healthcare Solutions with Enhancements to Service-line Budgeting, Forecasting and Scenario Modeling to Help Clients Meet Healthcare Reform Demands

June 17, 2013 — Orlando, FL (HFMA ANI Booth #1334) — Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today announced that it has enhanced capabilities in its healthcare solution portfolio. Axiom EPM’s solution enhancements include service-line based budgeting and forecasting, scenario modeling and initiatives-based planning features. The company developed these to help provider organizations evolve their financial planning and forecasting solutions with sophisticated methodologies that drive plan accuracy and efficiency.  Axiom EPM will showcase its enhanced healthcare portfolio at the 2013 Healthcare Financial Management Association’s Annual National Institute (HFMA ANI).

During the HFMA conference, attendees will be able to meet with Axiom EPM and see how the company is addressing the increased demand on healthcare organizations to simultaneously manage cost structures while sustaining high quality of care outcomes with its suite of performance management solutions. Axiom EPM’s integrated solutions allow more informed and dynamic business planning — the driving force behind the following enhancements to its performance management platform:

•       Service-line based budgeting and forecasting – integrates volume, revenue and workload forecasting by clinical service line to produce more accurate departmental and reimbursement projections
•       Scenario modeling – performs “what if” modeling and shows alternative views of the future, enabling provider organizations to prepare for and respond more nimbly to market and/or organizational changes
•       Initiatives-based planning – identifies the impact of various initiatives on final budget targets and reflects changes in underlying assumptions, allowing finance to model initiatives discretely and in detail

“The pace of change in healthcare is accelerating rapidly, creating unique challenges for finance departments,” said Dan Albaugh, Senior Director of Financial Planning and Analysis, Dignity Health. “The need to flex financial projections according to a wide variety of external factors is essential, and Axiom’s solutions provide the level of sophistication and scalability needed to ensure we can model efficiently and accurately in an ever-changing environment.”

“The advancements we’ve made to our healthcare solutions are designed to support provider organizations as they work to succeed in today’s challenging business landscape,” said Jay Spence, VP of healthcare solutions, Axiom EPM. “In this post-reform era, Finance is being asked to model increasingly complex scenarios that can integrate key volume, revenue and expense planning assumptions.  Our performance management solutions make it easy for Finance to efficiently model and evaluate the bottom-line impact of various scenarios allowing them to better guide and direct strategic and tactical decision–making.”

Axiom EPM offers solutions specifically designed for enterprises that unify financial planning and decision support functions in a single platform. Axiom EPM’s flexible, scalable solutions address the complicated needs of a wide variety of organizations and provide finance executives with the tools they need to improve performance. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.  Its applications promote end-user adoption as well as actionable participation across business processes.

Visit booth #1334 at HFMA ANI from June 16-19 in Orlando, FL for a demonstration of Axiom EPM’s performance management solution.
To learn more about Axiom EPM’s healthcare solutions visit: http://www.axiomepm.com/solutions/industry/healthcare

About HFMA
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 39,000 members, HFMA is the nation’s leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues. hfma.org

About Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM delivers performance management solutions for mid-sized and large organizations around the world.  Solutions for budgeting & forecasting, reporting & analytics, strategy management, capital planning, profitability & cost management are delivered on a single unified platform.  Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.  For more information, visit www.axiomepm.com.

June 17, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

Information Builders and Axiom EPM Announce Strategic Partnership for Business Intelligence & Performance Management

Custom Adapter Seamlessly Integrates Financial Planning & Analytics Engine with BI Tools for Optimized Organizational Decision Making and Profitability Management

June 5, 2013 — Orlando, FL — Information Builders, a leader in business intelligence (BI), analytics, information integrity, and integration solutions and, Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today announced that they have formed a strategic business and technology partnership. Under the terms of this partnership agreement, Axiom EPM will be the preferred Enterprise Performance Management (EPM) partner for Information Builders’ clients, and Information Builders will be the preferred BI, data integration and quality partner for Axiom EPM clients.

The partnership is a reflection of the natural synergies between BI and EPM functions and also reflects how the office of the CFO and CIO are increasingly working closely together to introduce systems and processes that optimize business performance. The recent increase in big data and the volume and complexity of financial and operational information has contributed to an increasing need for more sophisticated models to support various forms of strategic and operational planning. Finance teams must become more agile and responsive to organizational needs, shifting their time away from more tactical data management tasks to spending more time modeling at the enterprise level and delivering high-value analysis that can impact decision making and ultimately profitability.

The combined value of the Information Builders and Axiom EPM partnership enables this transformation with proven expertise, methodologies and technology integration. To support this new partnership, Information Builders and Axiom EPM have jointly developed an adapter that enables WebFOCUS business intelligence users to seamlessly and securely query the Axiom EPM financial planning and analytics platform, empowering customers with a full range of business analytics tools to realize the promise and power of EPM. As a result, the robust financial planning content created and stored in the Axiom EPM application becomes a rich and trusted information source that can be consumed by a wide variety of decision makers and functions across the organization for real-time, in context, decision making.

The industry leading capabilities offered through the Information Builders and Axiom EPM partnership are being leveraged at Sterling Bank, one of the largest regional community banks in the western United States. Sterling Bank needed to rationalize a complex heterogeneous landscape composed of various legacy data sources. They also needed comprehensive performance management capabilities for planning, profitability measurement and incentive compensation. “The combination of Information Builders’ iWay and WebFOCUS tools along with Axiom EPM’s comprehensive performance management platform will deliver the trusted data governance along with the planning and profitability analytics required to understand the key business drivers and inform better decision making.” said Laura Roberts, SVP, Financial Planning & Analysis Executive, Sterling Bank.

In addition to complementary technologies, both firms share a singular business focus on their respective domains and make customer satisfaction the top priority —each ranking in the upper tier of various industry surveys. “We are extremely excited to be able to offer our customers the ability to seamlessly integrate strategic planning, budgeting, forecasting, profitability management and analytics on one integrated platform and database structure,” said Gerald Cohen, CEO, Information Builders. Mike Choi, CEO, Axiom EPM, added, “working with another privately held company that shares a common vision and focus on customer success will help ensure a successful business and technical partnership for many years to come.”

Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise and reporting, Axiom EPM delivers solutions that empower the office of finance. Solutions for budgeting & forecasting, reporting & analytics, strategy management, capital planning, profitability & cost management are delivered on a single unified platform. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance. From an innovative technology platform, to robust industry solutions to market leading customer support, Axiom EPM provides financial professionals with the tools and knowledge to be successful.

Information Builders
Founded in 1975, Information Builders delivers state-of-the-art technology that is transforming business in all commercial industries, government, and education. As one of the largest independent, privately held companies in the software industry, Information Builders focus is ensuring customers can apply intelligence, integration, and integrity solutions to dramatically improve the performance of their entire organization. WebFOCUS Intelligence, the industry’s most comprehensive BI platform, offers easy-to-use BI, business analytics, and performance management capabilities to promote a proactive business culture that helps organizations gain a competitive edge. iWay Integration Solutions work on any platform, inter-operate with proprietary technologies as well as industry standards, support more than 300 database and application adapters, and lay the foundation for a real-time, integrated enterprise. iWay Integrity Solutions integrate, enrich, and transform data into relevant, timely, and usable information. Information Builders’ proven products help organizations to cut costs, reduce risk, achieve compliance, and improve business performance.

June 12, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

Axiom EPM Achieves Historic Customer Satisfaction Rating in BPM Pulse of Performance Management 2013 Survey

Robust Solution Suite and Cross Industry Capabilities Earn Survey’s First Ever Perfect 5.0 Rating

May 14, 2013 — Portland, OR — Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today announced it received a perfect 5.0 customer satisfaction rating in the BPM Partners Pulse Performance Management 2013 survey, which examines vendor solutions, industry trends, and offers end users guidance on solution selection and implementation. It was the first-ever perfect rating in the study’s ten year history. In the annual webcast hosted by Business Finance Magazine, Craig Schiff, CEO of BPM Partners, the leading independent authority on business performance management, discussed essential strategies for budgeting, planning, reporting and consolidation systems.

This is the second year in a row that Axiom EPM was recognized during the BPM Partners Pulse Performance Management webcast for its superior customer service and comprehensive performance management solutions that serve a range of industries including banking, healthcare, retail, higher education, and manufacturing. “Clearly their customers love them,” said Schiff.

“Receiving the first perfect customer satisfaction rating is particularly gratifying for us given that a large proportion of our client base participated in the study,” said Michael Choi, CEO, Axiom EPM. “This recognition is a testament to the commitment we’ve made to our clients and to the quality of our solutions, and reinforces our reputation for delivering an unmatched level of service.”

“The Pulse of Performance Management 2013 is designed to help participants identify the most successful vendors that match their needs, benchmark their projects and leverage performance management best practices,” said Schiff.

Axiom EPM offers solutions for budgeting and forecasting, reporting and analytics, strategy management, capital planning, consolidations, profitability and cost management on a single integrated platform. Axiom EPM’s flexible, scalable solutions address the complicated finance needs of a wide variety of organizations provides finance executives with the tools they need to improve corporate performance. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance. Its applications promote end-user adoption as well as actionable participation across business processes. “It’s a good choice for anyone looking for a comprehensive and unified solution,” said Schiff.

To listen to a replay of BPM’s Pulse of Performance Management 2013 Webcast visit: http://w.on24.com/r.htm?e=598096&s=1&k=9600C6C1B142FA8681DD593AFA0FDD6A

About BPM Partners
BPM Partners is the leading independent authority on business performance management (BPM) and business intelligence solutions. The company helps organizations address their budgeting, planning, financial reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges with vendor-neutral experts who can guide companies through their BPM initiatives from start to finish while both reducing risk and minimizing costs. For further details, go to http://www.bpmpartners.com. Follow BPM Partners on Twitter @BPMTeam.

About Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM delivers performance management solutions for mid-sized and large organizations around the world. Solutions for budgeting & forecasting, reporting & analytics, strategy management, capital planning, profitability & cost management are delivered on a single unified platform. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance. For more information, visit www.axiomepm.com.

June 3, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

LHP Hospital Group Selects Axiom EPM Suite for Enterprise Performance Management across Growing Portfolio of Joint Ventures

Unified Platform and Deep Healthcare Expertise Set Axiom EPM Apart from Competition

March 14, 2013 — Portland, OR — Axiom EPM, a leading provider of financial planning and performance management software for healthcare providers, today announced that LHP Hospital Group, Inc. (LHP), a privately held company established to provide essential capital and operational expertise to hospitals and healthcare systems, has expanded its use of the Axiom EPM platform to bolster financial strategy planning, capital planning, and consolidations as it continues to add new hospitals to its portfolio.

An Axiom customer since 2010, LHP has long used Axiom’s platform for financial budgeting, planning and reporting to provide visibility into the operational side of the business. As the company grew, their needs expanded beyond operational planning to include strategic planning. Axiom’s efficient and familiar Excel®-based interface, coupled with its ability to rapidly implement and deploy a single unified system for a wide range of strategic corporate and financial functions set it apart from the other systems LHP explored.  LHP will expand their use of Axiom EPM beyond budgeting and reporting to provide a much broader range of functions, including physician practice planning, productivity management, strategy management, capital planning, advanced analytics, dashboards and scorecards.

“We have consistently seen tremendous value from the Axiom platform,” said John Ehrie, Vice President of Strategic Financial Planning, LHP Hospital Group. “Doubling our portfolio in the last year led us to pursue leveraging all components of Axiom EPM’s strategic financial planning platform. Axiom EPM’s deep healthcare expertise, knowledge of LHP Hospital Group and balance of robust functionality, ease-of-use and value made it a clear favorite among our decision makers and stakeholders.”

LHP owns, operates and manages acute care hospitals through joint ventures, providing capital and expertise to healthcare organizations. As such, they face unique consolidation challenges for strategic planning and budgeting.

“One of our strengths is our ability to bring data together from multiple sources and formats into a single platform,” said Jay Spence, Director of Healthcare Solutions at Axiom EPM. “LHP values the accuracy, consistency, and ease of use associated with these solutions being offered on a unified platform. Many organizations share this consolidation challenge, but for LHP it entails a much deeper level of complexity as they manage several hospitals and health systems across the country. LHP’s addition of more Axiom EPM solutions is a testament to the strength of our solution as well as our strong and growing relationships with customers.”

Axiom EPM offers solutions specifically designed for healthcare provider organizations that unify financial planning and decision support functions in a single platform. Designed by experienced professionals, Axiom EPM’s flexible solutions address the complicated finance needs of a wide variety of organizations. The finance-friendly Excel® interface is easy to use, and provides finance executives with the tools they need to accurately measure key service line volume, cost and profitability analytics. Its applications promote end-user adoption as well as actionable participation across business processes.

About LHP Hospital Group, Inc.
LHP Hospital Group, Inc. (LHP) is a privately held company established to provide essential capital and expertise to not-for-profit hospitals and hospital systems. In cooperation with local hospitals, LHP forms joint ventures to acquire, own, operate and manage acute care facilities in select markets throughout the United States. Headquartered in Plano, Texas, LHP is owned by affiliates of the private equity firm CCMP Capital Advisors, LLC and the CPP Investment Board as well as certain members of management and the board of directors. For more information, please go to www.lhphospitalgroup.com.

About Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM delivers performance management solutions for mid-sized and large organizations around the world.  Solutions for budgeting and forecasting, reporting and analytics, strategy management, capital planning, profitability and cost management are delivered on a single unified platform.  Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.

March 26, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

Axiom EPM Announces Innovative Advances in Platform to Support Strategic Financial Planning and Performance Management

Axiom EPM Announces Innovative Advances in Platform to Support Strategic Financial Planning and Performance Management  Company Introduces Version 6.0 of Platform at Annual Performance Management Summit; Updates Include Scenario Modeling, Mobile Support and Dashboard Enhancements

February 25, 2013 — Las Vegas, NV — Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today unveiled the latest version of its unified enterprise performance management platform at its 2013 Performance Management Summit in Las Vegas, NV, the company’s annual conference. The updated platform, version 6, includes innovations designed to help finance professionals more accurately and efficiently plan, budget, forecast and analyze performance for better decision making in today’s dynamic landscape.

Key enhancements to the Axiom EPM unified platform include:

•       Scenario Modeling: Intuitive interface empowers finance executives to perform what-if analysis on existing forecasts and plans to understand the impact of business changes and enable decision makers to make informed decisions based upon the results of multiple scenario models.
•       Mobile Support: Enables access to the Axiom EPM platform across mobile devices including tablets and smart phones, offering decision makers the most-up-to-date information in a convenient and interactive format.
•       Interactive Dashboards: Allows users to create, render and interact with dashboards, adjusting the data displayed in the dashboards and even contributing data to the dashboards via database write-back capabilities. New chart types and visualization options enable executives to monitor, analyze, adjust and add key performance data.
•       Alerts and notifications: Provides enhanced alerts and notifications when a specified condition or threshold is met, allowing users to proactively manage business metrics and outcomes.

“Uncertainty is the new normal,” said Michael Choi, CEO, Axiom EPM. “Organizations are experiencing constant change that impacts their business in ways they’ve not seen before. The new scenario modeling capabilities and dashboard enhancements to the Axiom platform announced today reflect our continued focus on helping organizations stay agile in an ever-changing environment and prepare for the future.”

“Our organization increasingly needs to collaborate around weekly and even daily changes,” said Grant Slovek, Vice President of Financial Reporting and Budgeting, Sturm Financial Group. “Axiom EPM’s interactive dashboards  give our leadership team access to important information in a simple, yet comprehensive format, allowing us to quickly and easily explore the impact of different business decisions.”

Axiom EPM offers solutions specifically designed for enterprises that unify financial planning and decision support functions in a single platform. Axiom EPM’s flexible, scalable solutions address the complicated finance needs of a wide variety of organizations provides finance executives with the tools they need to improve corporate performance. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.  Its applications promote end-user adoption as well as actionable participation across business processes.

To learn more about this release, go to www.axiomepm.com/version-six.

About Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM delivers performance management solutions for mid-sized and large organizations around the world.  Solutions for budgeting & forecasting, reporting & analytics, strategy management, capital planning, profitability & cost management are delivered on a single unified platform.  Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.  For more information, visit www.axiomepm.com.

February 25, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.

Axiom EPM Responds to Rapid Growth in Healthcare Vertical

Leading Enterprise Performance Management Company Expands Core Team to Meet Healthcare Market Demand

January 15, 2013 — Portland, OR — Axiom EPM, a leading provider of financial planning and performance management software, today announced that the company has made two strategic additions to its team in response to rapid client growth in the healthcare vertical. Karen Nychay has been hired as the healthcare practice manager, where she will work collaboratively with clients and direct the Axiom EPM Healthcare consulting team to develop and execute best practice Healthcare Performance Management systems. Anthony Martino will join Axiom EPM as a healthcare solutions engineer, helping to build out a robust set of healthcare starter sets and solution accelerators.  Together, Karen and Anthony bring over 35 years of experience in the healthcare sector – further expanding Axiom EPM’s already deep knowledge in this strategic vertical.

“In 2012, we saw incredible growth across our healthcare client base and we are confident that momentum will continue going into the new year,” said Michael Choi, CEO, Axiom EPM. “As healthcare organizations face more complex finance challenges, the demand for our intuitive solutions has rapidly increased. The additions we’ve made to our team are a testament to that, and we are certain that both Karen and Anthony will be exceptional assets as we continue to thrive in the healthcare sector.”

Axiom EPM provides the highest level of support to their clients, earning a satisfaction rating of 4.9 out of 5.0 in the BPM Pulse Survey. Axiom EPM’s healthcare clients are some of the country’s leading academic medical centers and health systems, such as: Meridian, Sentara, Lake Region Healthcare and LifePoint. Axiom EPM provides their clients with familiar and intuitive tools that unify financial planning and decision support functions in a single platform, empowering healthcare executives to reach their financial goals.

“While Axiom EPM provides the sophistication and control I need, it doesn’t require a highly specialized skill set to manage and deploy,” said Steve Esposito, senior manager of budgets and finance, Meridian Health.

“We looked at several products but none were as finance orientated as Axiom EPM,” said Karen Becker, budget manager, Sentara Healthcare.
Axiom EPM’s unified platform is unique in that it embeds powerful modeling and planning capabilities in the familiar Microsoft Excel® format, allowing healthcare finance professionals to manage data more efficiently without needing to learn a new application. Their solutions are designed specifically for users, and that has differentiated Axiom EPM as one of the most innovative and user-friendly companies of its kind.

About AxiomEPM
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM specializes in enterprise performance management solutions for mid-sized and large healthcare organizations around the world.  Axiom EPM provides customers with a unified performance management software platform that embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.

February 5, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 5000 articles with John having written over 2000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 9.3 million times. John also recently launched two new companies: InfluentialNetworks.com and Physia.com, and is an advisor to docBeat. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and Google Plus.