INDIANAPOLIS, July 20 /PRNewswire/ -- Mezzia, Inc. today announced the latest release of the most comprehensive software designed to help healthcare organizations consolidate, control and manage the capital spending process. Mezzia 4.0 gives finance managers more control over capital spending, enables more effective decision making for capital investments, provides for multi- year visibility into capital needs, enables supply chain planners to drive better purchasing strategies for capital items, and simplifies work for all who interact with the capital management process.
The web-based software provides the financial, materials and process management framework that enables healthcare organizations to become dramatically more effective in how they manage capital. This includes establishing one shared system for all those involved with capital decisions and spending. The Mezzia system is fully scalable, capable of handling millions or even billions of dollars in routine and strategic capital (new facilities, renovations, etc.) and managing thousands of users.
“At a time when the need for capital spending is increasing, healthcare organizations have told us they are looking for more control and visibility over the capital process,” said Scott McCorkle, president of Mezzia. “Mezzia 4.0 extends our capabilities to manage the entire capital cycle of planning, budgeting and purchasing with financial control at each step of the process.”
Mezzia brings a higher level of capital management to healthcare providers of all sizes with many industry firsts:
* The ability to manage the entire capital cycle -- from planning and budgeting through purchasing. Mezzia allows for integration of purchase order and invoice information from existing ERP systems, providing a real-time view for all capital spending in one environment. Mezzia ensures capital reporting is done efficiently and accurately, eliminating the time consuming creation and reconciliation of spreadsheets.
* A hosted, web-based platform that reduces the time it takes to process capital budget requests and purchase requisitions from weeks to days. This platform is in use today to share all capital information (budgets, spend, quotes, business plans, equipment specs, availability dates, etc.) with hundreds, and even thousands of users.
* Personalized software architecture allowing capital content and activity monitoring to be customized for each user. Mezzia sends proactive email messages to keep individuals up-to-date on things such as budget changes, spending activity, information about a capital need being changed, and so on.
Leading Technology
Mezzia is designed from the ground up to be accessed through standard web browsers, enabling quick and cost-effective deployment throughout an organization. While always browser-based, Mezzia can be accessed as either an ASP or as traditional software installed within an organization’s own network. This gives organizations the flexibility to select the deployment approach that best conforms to their IT policies.
Inova Health System (http://www.inova.com/ ) in Washington, D.C. is currently expanding the use of Mezzia across their entire health system. “Mezzia enables Inova to connect our people and processes to provide consolidated financial reporting and better financial controls,” said Stephanie Schnittger, director of financial planning with Inova Health System. “Using Mezzia as an ASP allows us to avoid the traditional steps of software implementations and focus on ensuring that scarce capital dollars are spent as efficiently as possible.”
Christiana Care (http://www.christianacare.org/ ), one of the largest health systems in the Mid-Atlantic, has used the Mezzia system for three years as an ASP model. “One of the most compelling benefits of the ASP model is that migrations to new product releases are managed by Mezzia and are done very efficiently,” said Bill Conway, director of budgets and reimbursement for Christiana Care. “The transition to 4.0 was coordinated with us, including early access to the 4.0 software before it was generally available. On the scheduled day we logged in and found all the migration activities to the next release completed. Most other enterprise systems require months of planning and resources to accomplish what we did with Mezzia in a much shorter timeframe.”
Best Practices
Working with leading health systems across the county, Mezzia’s new model for enterprise capital management continues to drive new practices for effective capital management. To learn more about Mezzia 4.0 or for information about capital management workshops on the benefits of enterprise capital management, that Mezzia is conducting in conjunction with the Healthcare Financial Management Association (HFMA), please visit http://www.mezzia.com/ .
Mezzia 4.0 is available immediately by calling Mezzia at 317-805-6000. About Mezzia
Mezzia, Indianapolis, is a privately held software company that develops enterprise software to manage how organizations plan for, budget and procure capital resources. Mezzia provides value for finance, materials, clinical operations, and all areas with responsibility for capital spending. Used by healthcare organizations of all sizes, Mezzia is being used to plan, manage and provide critical financial control for billions of dollars in capital spending. For more information, visit http://www.mezzia.com/ .
Mezzia, Inc.
CONTACT: Mara Conklin, +1-847-816-9411, mconklin@teamclarus.com , orLinda Muskin, +1-847-432-7300, lmuskin@teamclarus.com , both of ClarusCommunications, for Mezzia, Inc.
Web site: http://www.mezzia.com/
