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Siemens Signs New Revenue Cycle Management Customers
Date:2/26/2008

Healthcare Institutions Sign on for Soarian Financials and Other Revenue

Cycle Management Solutions

ORLANDO, Fla., Feb. 26 /PRNewswire/ -- As revenue cycle management continues to be a pain point for the healthcare industry, many institutions turned to innovative solutions from Siemens (http://www.usa.siemens.com/healthcareit) to help support their revenue cycle management initiatives.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )

Christiana Care Health System (http://www.christianacare.org), a 1,000-bed regional healthcare system located in Wilmington, Del., recently signed a deal with Siemens for Soarian(R) Financials, Soarian Scheduling, Enterprise Document Management (EDM) and Siemens Decision Support Solutions. One of the largest healthcare providers in the mid-Atlantic region, Christiana Care recognized an opportunity to improve its revenue cycle management initiatives with the help of innovative information technology solutions and felt Soarian was the best fit for its organization.

"As we looked to replace our legacy hospital-based and ambulatory registration, scheduling, and billing systems, our requirements focused on an enterprise-class system, built on next-generation architecture, that could help us streamline and integrate our processes and information flow much better and differently than today," explained Steve Hess, vice president and chief information officer, Christiana Care. "With Soarian, we believe we have the solution that will enable the operations within Christiana Care and patient access with Christiana Care to be more efficient and effective for all."

Christiana Care Chief Financial Officer Tom Corrigan agreed, stating, "After an exhaustive review of vendor applications that support registration, scheduling, and billing processes, we firmly believe that Siemens Soarian offers the greatest opportunity for Christiana Care to successfully transform our business operations."

Siemens also closed deals with other healthcare organizations throughout the U.S. in recent months including:

-- BryanLGH Health System, a 600-bed, not-for-profit, locally owned

healthcare organization with three acute care facilities, several

outpatient clinics, a college of Health Sciences and a state-of-the-art

health and wellness facility located in Lincoln, Neb., signed with

Siemens for Soarian Financials and Soarian Clinicals;

-- Riverside County Regional Medical Center, a 439-bed state-of-the-art

tertiary care and level II adult and pediatric facility located in

Moreno Valley, Calif., signed with Siemens for Soarian Financials,

Soarian Scheduling, Soarian Health Information Management (HIM) and

EDM, and Siemens Decision Support Solutions;

-- Hamilton Medical Center, a 280-bed hospital located in Dalton, Ga. and

flagship affiliate of Hamilton Health Care System, signed with Siemens

for Soarian Financials and Soarian Scheduling;

-- Wentworth-Douglass Hospital, a 178-bed, acute care hospital located in

Dover, N.H., signed with Siemens for Soarian Financials, Soarian

Scheduling, Soarian HIM and EDM, and Soarian Clinicals.

"The momentum we've seen on the revenue cycle management side demonstrates the increasing need for innovative solutions that support the creation of optimized processes and increased efficiency," stated Janet Dillione, CEO, Health Services, Siemens Medical Solutions. "Soarian helps to streamline access to financial information across the enterprise, allowing for stronger collaboration among care givers and staff members, and more efficient and informed decision making."

This week at the Healthcare Information and Management Systems Society (HIMSS) 2008 Annual Conference and Exhibition in Orlando, Siemens (Booth #3763) is showcasing the following solutions from its revenue cycle management portfolio:

-- Soarian Financials is a next-generation IT solution designed to

streamline revenue-cycle management by helping manage costs through a

patient-centric, workflow-driven approach. Soarian Financials embeds a

contract engine and an enterprise-wide master person index (EMPI) into

a comprehensive revenue-cycle solution. By delegating the right work,

to the right person, at the right time and place, Soarian Financials

can help healthcare organizations refine the registration process,

reduce delays and denials, integrate payer rules and edits up front,

increase point-of-service collections, generate accurate claims, reduce

dependencies on third parties, and simplify patient billing.

-- Soarian HIM provides immediate access to a complete, online medical

record. Patient data is streamlined, virtual, and paperless, so

information is available at the point of need. The solution

consolidates traditionally separate HIM applications into one

environment-online record, deficiency analysis, chart completion,

coding management, HIPAA disclosures, and information releases-all

combined into a single infrastructure for storage.

-- Soarian Scheduling is an enterprise-wide patient scheduling and

resource management solution that optimizes the delivery of care

services for each individual patient. The solution seamlessly

integrates scheduling and registration workflows to help increase user

productivity and significantly reduce patient wait times.

-- Siemens Decision Support Solutions is a suite of integrated

applications that support team-based decision-making on the healthcare

management team. The solution's need-specific modules offer healthcare

organizations timely views of performance against strategic metrics and

provide access to clinical and financial reports and analyses to help

manage costs, increase productivity and improve quality of care.

-- MedSeries4(R) Revenue Cycle Management Solutions, designed specifically

for community hospital organizations, provide a comprehensive,

proactive set of solutions that can help healthcare organizations

reduce account cycle time and the financial loss associated with

denials, underpayments, and bad debt.

About Siemens Healthcare

Siemens Healthcare is one of the world's largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Healthcare will be the first fully integrated diagnostics company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. Siemens Healthcare delivers solutions across the entire continuum of care -- from prevention and early detection, to diagnosis, therapy and care. The company employs more than 49,000 people worldwide and operates in 130 countries. In the fiscal year 2007 (Sept. 30), Siemens Healthcare reported sales of euro 9.85 billion (on a pro forma basis including Dade Behring roughly euro 11 billion), orders of euro 10.27 billion, and group profit of euro 1.32 billion. Further information can be found by visiting http://www.siemens.com/healthcare.


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