Community Health Systems (CHS) Selects System

Selkirk Financial Technologies Inc., providers of the leading corporate treasury management system, Treasury Manager™, announced today the signing of a significant health-care service provider, Community Health Systems (CHS). CHS’s VP of Finance and Treasurer, Barry Stewart comments, ‘With the Treasury Manager system, we will be able to automatically interconnect all our cash flows from investments, debt, collections, etc. into one database. This will immediately improve the integrity of financial data allowing for timely and flexible reporting that was formerly manually intensive and difficult with unconnected multiple spreadsheets.’ With its sophisticated automated facilities, Treasury Manager™ will support Community Health’s treasury operations in cash management and forecasting, investments, and debt portfolio management. Implementation is currently underway at Community Health’s headquarters in Nashville, TN.