SEI Earns HFMA Peer Reviewed Designation For Its Institutional Healthcare Solution

From SEI:

SEI Earns HFMA Peer Reviewed Designation For Its Institutional Healthcare Solution

Company Achieves HFMA Recognition for Sixth Consecutive Year

OAKS, Pa., June 3, 2015 – The Healthcare Financial Management Association (HFMA) today announced that, following a rigorous review, SEI’s (NASDAQ: SEIC) Institutional Group has once again achieved the “Peer Reviewed by HFMA®” standard for itsoutsourced investment  management solution for healthcare organizations. SEI has maintained its Peer Reviewed status with HFMA since 2009 and is currently the only asset management firm to have this designation.

SEI’s healthcare solution combines its 20-year track record in investment management with strategic advice and proprietary modeling technology. The company works closely with healthcare systems and hospitals to create integrated investment strategies across multiple asset pools, including defined benefit pension plans, operating pools, self-insurance trusts, and foundations, within an enterprise risk management framework.

This integration provides SEI’s healthcare clients with a fiduciary partner focused on supporting balance sheet protection and growth, consistent operating performance, improved debt capacity, stronger assessments by major credit rating agencies, risk management, and broader diversification across investment managers and asset classes.

“When we were searching for a fiduciary partner in 2012, the HFMA Peer Reviewed designation was very important to our organization,” said Gregg Radke, Director of Treasury, Children’s Mercy Hospital. “It serves as a gold stamp for the industry’s best products and services according to our peers.”

“SEI is pleased to be recognized once again by the HFMA for our dedication to providing healthcare organizations like Children’s Mercy Hospital with investment and enterprise risk management solutions designed to help them meet their financial goals,” said Craig Standen, Director of Healthcare Advice, SEI’s Institutional Group. “SEI’s institutional healthcare client base has nearly doubled in the last five years alone, which is a testament to the growing demand for our services in an increasingly complex industry landscape.”

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, 11-step process includes a Peer Review panel comprised of current customers, prospects who have not made a purchase, and industry experts. The 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.

About SEI’s Institutional Group

SEI’s Institutional Group is one of the first and largest global providers of outsourced investment management services. The company delivers integrated retirement, healthcare and nonprofit solutions to more than 475 clients in eight countries. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations, and board designated funds. For more information visit: seic.com/institutions. 

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2015, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $648 billion in mutual fund and pooled or separately managed assets, including $258 billion in assets under management and $390 billion in client assets under administration. For more information, visit seic.com.