Users can access financial reports and interactive analyses to help manage costs, increase productivity and improve quality of care. Budget creation is simplified with access to a single, cohesive model template that supports the negotiation and approval process. Automatic email notification of the budget status and computerization of the complex process of obtaining budgets and revisions from department heads is key to saving time and resources.

Solutions that effectively streamline financial processes and workflow are vital to the healthcare industry, especially given the ever-increasing scrutiny of healthcare costs, said Janet Dillione, president, Healthcare IT Division, Siemens Medical Solutions. The positive feedback from our customers speaks volumes about this new DSS tools ability to help our customers optimize their budget cycles and gain important process efficiencies.
Siemens Medical Solutions of Siemens AG (NYSE: SI) with headquarters in Malvern, Pennsylvania, and Erlangen, Germany, is one of the largest suppliers to the healthcare industry in the world. The company is known for bringing together innovative medical technologies, healthcare information systems, management consulting, and support services, to help customers achieve tangible, sustainable, clinical and financial outcomes. Employing approximately 33,000 people worldwide and operating in more than 120 countries, Siemens Medical Solutions reported sales of 7.6 billion EUR, orders of 8.6 billion EUR and group profit of 976 million EUR for fiscal 2005. More information can be obtained by visiting www.usa.siemens.com/medical-pressroom.


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