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Chicago — May 30, 2013 – The Healthcare Financial Management Association (HFMA) recently reviewed TeleTracking Technologies, Inc.'s Capacity Management Suite™ (CMS) using the Peer Review process. After undergoing the rigorous review, TeleTracking's CMS system has been awarded the “Peer Reviewed by HFMA®” designation.
TeleTracking’s Capacity Management Suite™ is an end-to-end system that optimizes hospital and health system operations in real-time, helping them better utilize their existing capacity. This tighter operational control drives out waste, improves financial efficiencies, and generates revenue opportunity, while creating more access and better quality patient care.
“We are honored to be recognized as Peer Reviewed by HFMA®. We recognize that margin improvement is critical to the hospitals ability to fulfill their mission and achieve strategic goals. The team at TeleTracking understands that working collaboratively with industry experts through HFMA is a powerful demonstration of the outcomes and value impact we provide. Our documented success and significant improvement to the operations of an institution has created the capital needed to take organizations to a higher level of healthcare service quality, clinical quality and fiscal stewardship.” said Michael Gallup, President and COO.
HFMA's Peer Review process provides healthcare financial managers with an objective third party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review comprised of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
“HFMA’s Peer Review process provides our membership with the assurance that those who have earned the designation have met a rigorous screening process,” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “The Peer Reviewed designation helps members and others identify and evaluate products and services that their organization may need. It can also create brand awareness and recognition in the healthcare finance marketplace for Peer Reviewed products and services."
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 40,000 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.
Scott KenemoreHealthcare Financial Management Association(708) 492-3389
For more than two decades, TeleTracking Technologies has applied proven principles of logistics management to hospitals and health systems to enhance patient care, improve financial performance and gain competitive advantage. Its industry-leading software and consulting services create an enterprise-wide platform to reduce overcrowding, cut costs, generate revenue, fight the spread of infection, manage assets, accelerate patient transfers and provide a wealth of data for continual operational improvement and business development. TeleTracking provides process planning, patient flow redesign and asset management optimization through its consulting divisions, TeleTracking Avanti Consulting Group and TeleTracking RTLS Workflow Consulting. TeleTracking has been rated by KLAS as the patient flow Category Leader six times in the last seven years. teletracking.com
TeleTracking Technologies, Inc.
Brian Kueppers, founder and CEO, Apex, discusses the importance of a robust patient payment strategy in boosting organization revenue and enhancing patient satisfaction.
Brian Grazzini, CFO, HealthPort, describes the importance of efficient and compliant information exchange and audit management in helping HIM staff spend less time on paperwork and more on mission-critical projects.
Cindy Matthews, executive vice president, Community Hospital Corporation, discusses how rural and community hospitals can use collaborative partnering to position for success through tough market conditions.
Rick Heise, senior vice president, revenue cycle, at Cerner Corporation, discusses the importance of integrating clinical and financial data to excel in health care’s changing payment environment.
Dale Hockel, senior vice president of operations, and Jim Fanelli, CFO, TriMedx, share strategies for elevating clinical engineering through innovative management programs.
Russ Graney, founder and CEO for Aidin, and John Laursen, head of business development for Aidin, share insights on how to improve care transitions between acute and post-acute care settings and incentivize high-quality patient outcomes.
Scott Elston, strategic accounts manager, GE Healthcare Services, describes how substantial cost reduction in health care requires rethinking business strategy and asset use.
Robert Williams, MD, director, Deloitte Consulting LLP, and Arielle Freiberger, product strategist, ConvergeHEALTH by Deloitte, explain how sophisticated retrospective, real-time, and predictive data analytics can inform decision making to reduce costs and improve care.
Stuart Hanson, director of business development (healthcare solutions) at Citi Retail Services, discusses how improving the payment experience can benefit consumers and healthcare providers.
Scott Schmidt, vice president, Cerner RevWorks, LLC, shares insights on best practices for maximizing a revenue cycle management partnership.
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