symplr in the Spotlight, February 2023

Each month we provide a roundup of news, awards, and features about symplr and symplr's subject-matter experts.

symplr Time and Attendance wins Best in KLAS Award

symplr Workforce Management Time and Attendance SaaS solution is a Best in KLAS Award winner in the Software and Professional Solutions category. The recognition from healthcare professionals to once again rank symplr No. 1 in the Time and Attendance category reaffirms symplr’s excellence as a leader and innovator in workforce management software solutions. The award reflects symplr’s dedication to building a leading SaaS platform supporting efficient healthcare operations systems and simplifying solutions for patients, payers, providers, and staff.

leadership_Brian_Fugere“symplr’s continued recognition from KLAS reconfirms our commitment to providing the best workforce management software solutions for our customers,” said Brian Fugere, symplr’s chief product officer. “symplr’s Time and Attendance is consistently recognized as a leading tool to improve healthcare operations, and we are proud to provide mission critical and reliable solutions to drive operational efficiency,” he added. 

Mike-VipondMike Vipond, symplr senior vice president and managing director said, “This is an incredible testament to the value we provide to customers at a time when they're dealing with unprecedented workforce challenges. Congratulations to our fantastic team who develop, sell, implement, and support our Time and Attendance solution. Their hard work, dedication and customer focus makes this award possible.”  

The Best in KLAS Awards set the standard for excellence in software and services. The awards celebrate vendors who receive the highest scores from provider organizations in software, professional services, and medical equipment categories.  

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symplr Compass Survey of CIOs featured in Healthcare Finance Trends for 2023 report

CommerceHealthcare released its fifth annual Healthcare Finance Trends for 2023 report, which includes an in-depth analysis of existing research including symplr’s 2022 Compass Survey. The report’s key insights range across regulatory, financial, technological and supply chain considerations. In sponsored posts in HealthLeaders Media and Modern Healthcare, CommerceHealthcare references the following key finding from symplr’s Compass report:

“There are still too many tools and applications. A survey of top decision-makers at health systems found that 60% use over 50 software solutions just in operations (24% have over 150).” symplr, From Disparate to Dynamic: Opportunities and Challenges in U.S. Healthcare Operations, November 16, 2022.

symplr CEO Discusses Acquisition Strategy in Mergermarket 

leadership_BJ_SchaknowskiIn the latest article from Mergermarket, symplr CEO BJ Schaknowski discussed symplr’s M&A strategy and how the ideal targets would offer products that improve workflows and efficiencies for healthcare organizations.  

“symplr is angling for targets that would expand its workforce management, data analytics, and CFO suite offerings,” explained BJ.

Schaknowski spoke about symplr’s aim to roll up the fragmented enterprise healthcare operations software market and become a one-stop-shop partner for health systems and payers alike during a JP Morgan Healthcare Conference in San Francisco in January.  

He described the ideal companies that symplr would consider bringing into the fold as those offering products to improve workflows and efficiencies for healthcare organizations. Specifically, symplr seeks out stellar companies that would expand its workforce management, data analytics, and chief financial officer suite software offerings, he said.  

Schaknowski has previously written about how symplr can aid in streamlining workflows to directly benefit healthcare administrators, providers, and staff: “Healthcare administrators know their overworked clinicians and staff would benefit from fewer IT-related complications with job tasks. They know they need to automate and simplify fragmented, operational tasks, providing the right tools to empower staff to focus on their jobs. And they know the right technology can help prevent burnout by standardizing processes at the system level, so staff spend more time focusing on patients and less time on administrative tasks,” he wrote.

Will photon-counting CT replace conventional CT?

Kaitlyn Wilkie, MBA, advisor for research and analysis with symplr, was quoted in the latest issue of HealthCare Business News. Wilkie, who specializes in imaging and mammography, addressed photon-counting detectors (PCDs)—the newest major advancement for computed tomography (CT) systems.   

With its smaller pixel size and higher spatial resolution, photon-counting CT is generating a lot of excitement. As with any innovation, early adopters are exploring the technology’s potential applications.

“Although commercial availability has been long-awaited for photon-counting CT systems, it is unlikely that we will see this equipment widely used in the near future due to hospitals’ financial constraints,” Wilkie wrote in HCB News last year.

9 executive revenue cycle predictions/trends to watch in 2023

symplr CEO BJ Schaknowski provided commentary on revenue cycle trends for an article in HIT Consultant.  He is quoted as saying, “In the coming year, the greater economy’s financial concerns are reflected in the healthcare industry. Budgets will remain stretched as decision-makers navigate rising inflation, diminishing reimbursements, and increased supply chain issues all while addressing staffing and burnout concerns. Increasingly, stakeholders will need to prioritize system interoperability and cost-optimizing solutions that leverage data-driven insights. Organizations should expect financial pressures to drive decision-making in the new year.”

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