This week on NVTC’s blog, Marty Herbert of NeoSystems Corp. shares the second in a series of tips for workflow and process automation.


In Part 1 of our Workflow and Process Automation Series, Re-evaluating Your Processes, we looked at a few steps your organization can take towards drastically simplifying your billing process. Keep in mind that throughout this series, I will highlight solutions which produce time saving, compliance-driven processes that integrate with business systems, like Deltek Costpoint, NetSuite, SAP or others and create an enhanced workflow automation framework. In today’s post, Part 2 of our series, we’ll address vendor invoice processing.

A few years back, while working on a series of consulting projects, I looked at a client’s AP department while performing an audit and noted several variations they employed to process their vendor invoices. Some invoices came in via email, others via snail mail. Some came in to the attention of the company’s AP department; others came in via the project manager. Some were based on a PO and others were one-off ‘bills that needed to be paid.’ Knowing who the appropriate approver is could be multi-faceted and involve the receipt of goods (or services). Similar to many larger government contractors, our client used Deltek Costpoint for vendor invoice processing so I will use that system as an example of a well-known business system that is largely identifiable for our audience.

This business system has a great mechanism for capturing data and information related to accounts payable, but it can’t necessarily control how invoices are delivered, who approves them, and how that approval is captured for compliance purposes.

Our client’s overarching goal (outside of employing processes that increased efficiency and effectiveness) was to find a way to electronically interface an APPROVED invoice for vouchering in Costpoint. That sounds like a simple objective, but there are nuances that might not be immediately obvious. The “approved” aspect implies that there needs to be a process followed to obtain a valid, recognized approval. The “electronic” aspect implies that the entry into the ERP system should be automated without the need for manual data entry. Automated work flow tools make the design and controlled execution of a process possible, while Costpoint Web Services enables an electronic interface.

But, let’s slow down. Before we send data along, we have to gather the data. In this case the data comes from a vendor’s invoice, but we want to make sure the vendor’s invoice has been reviewed and approved before we send it into the system of record. The first step in automating this process is to gather the data input (the invoices). There are multiple ways we could approach this:

  • We can give vendors access to a “portal” whereby they upload the invoice directly into a workflow, or vendors can email the invoice to a specific address that will automate process kick-off and move it into a queue for AP servicing, or
  • We can receive a vendor invoice and initiate the process by loading it to the AP queue (potentially after scanning it in if it is received hard copy).

Then it is time to route the invoice to the proper ‘approver.” If companies are already connected to an ERP application that supports project management data, they are able to use the data inherent to any given project to pull the relevant approvers for PO-based invoices. AP clerks will then have matched the invoice to a PO (unless the vendor did that already) and chosen the lines from the PO to which the invoice applies then… well, that is all they have had to do so far.

Off to the approver(s) the invoice goes. The approver gets the invoice that has been submitted as well as details added by the AP department. The approver can decide to reject it or send it to another approver, or sit on it a while. Any (or all) of these tasks can be built into the process. The end result is (hopefully) an approved invoice.

At this point, the system should validate the invoice information and manage the voucher process through creation, voucher number generation, accept or reject status and check generation. It is critical and most efficient to have a complete trail of activity from submission to payment.

This process, when automated, is extremely easy to follow, saves time and money and is easier to implement than one might think. Unfortunately, most government contractors don’t know the ease with which automation software can achieve this and many other processes quickly and effectively.

There are numerous effective workflow management software systems in the market today. Integrify, a workflow management software used to automate a myriad of processes within a variety of platforms, is one tool we use at NeoSystems to automate vendor invoice processing within the business systems we use.

Our next blog will focus on the delightful automation of purchase requisition. If you have any burning questions about this or other processes (even those we haven’t gotten to yet!) using web services and workflow management software for your business system, please feel free to contact me.

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This week on NVTC’s blog, Marty Herbert of NeoSystems Corp. shares the first in a series of tips for workflow and process automation.


Marty HIf you are an ERP user, you likely know that most applications are rich with many features that address the nuances of running projects, especially if you are a government contractor.  However, no application can address the many steps that an organization must go through to accomplish what might be seen on the surface as a simple task.

Take ‘billing’ for example. I was asked a while back to determine how to route a bill for approval, and I thought it would be a “piece of cake”. Create bill. Send to approver. Get approval. Bill is right – Send to customer. Bill is wrong – rinse and repeat.  For this article, we’ll use commonly known GovCon ERP, Deltek Costpoint, as an example.  This system is very good at the first part. If you need to create a bill, you can create bill replete with support for hours worked and costs incurred. The problem, however, is there is no nice and simple way of implementing a workflow process that will accommodate most organization’s review and approval routines within the ERP framework.  That’s not a knock against Costpoint, no ERP systems on the market adequately address this issue, especially when you magnify it by the many, many other processes, that an organization has in place to accomplish their back office routines.

Over the next six weeks we will be taking a look at several areas where workflow plays a big role and how to leverage the automation of workflows via integration with your ERP. Companies unaware of how to automate in these areas are wasting precious time in determining the process, missing steps and ultimately don’t know how to streamline efficiencies that will save them money down the road.

In our first post for “Evaluating Your Process for Users of Deltek Costpoint or a Similar System,” I’ll examine the role of an AR clerk with my ‘piece of cake’ attempt at automating bill routing.

I had bills created from our ERP and I had Outlook, so I sent two bills to their respective approvers to verify hours were correct so we could bill the services to the client. Then I waited and waited and waited and waited… you get the picture. I followed up via email at least three times over the next week and finally, a week later, I knocked on their doors to see if they had time to review the email I sent.

‘Approver 1′ called me to his desk and had me look at the count of emails in his inbox. Until then, I was unaware that this number could go over 9,999, but there it was. I apologized and helped him find my email. Five minutes later he reviewed it and sent me an email saying we could bill it. Finally, the bill was out the door. I don’t remember whether I had to mail it or email it, but that is of no consequence. Oh, and of course, I forgot to tell my supervisor that I got the bill out the door so she was unnecessarily on my case the next morning.  I’ll try not to make that mistake again.

‘Approver 2′ (let’s call her Amy), asked if I had received her email. She said she responded immediately to each of the messages I sent, so I crept back to my cube and found her responses.  Suddenly I was the culprit in slowing down my own process! “Sorry, this Acme project isn’t mine,” she said. “These should go to Janet, she runs the Acme project.” Ugh! Wouldn’t you know she didn’t even have the courtesy to copy Janet on her response to me. So I just trudged down the hall to Janet’s office and had her review the paper copy. She looked at it briefly and said “yep, looks fine.” Great, I was out her door and happy to get the bill out of the door. Never mind that I forgot to get Janet to initial the invoice to indicate she had approved it and, of course, I forgot to tell my supervisor I sent the bill.  But, hey…bill is out the door, case closed.

Actually, the case was just getting started. The following week, in walks my supervisor. “I got a call from Acme Company’s CFO.  She asked me who Francis Miller was and why we were billing Acme for her travel to Las Vegas.  When I look in our system, this bill isn’t even posted, when did you send it out? Did you get Amy to review and approve this before you sent it out?” Sorry, I said, I forgot to post the bill in the system, and Amy said the project really belongs to Janet, so I got her to review and approve it…..see (as I pulled my copy from the file drawer). But, of course, Janet’s initials weren’t there.  Now my boss is mad at me for sending out an invoice that she thinks I didn’t get reviewed AND I forgot to post it. Swell.

I realized there was A LOT of room for improvement in this process. Problem #1, people are swarmed with email. Problem #2, people change roles and responsibilities a lot. Problem #3, no coordination with the ERP and the approval activities.  Problem #4, I can be my own worst enemy. Why couldn’t all this stuff be linked together somehow, and why isn’t there a way to get things posted in the system without me having to remember every little thing. I’m only human, after all. And this was a simple bill.  I could only imagine – or rather didn’t want to in this case – what would have happened if there had been revisions.

From experience I’ve gathered intelligence on how to sidestep these common pitfalls. Apart from working together as a team, companies always think in terms of making changes to their IT infrastructure. What I believe needs to happen is approaching these pitfalls in terms of changing the process infrastructure. There are no short term ‘quick fix’ changes, but rather logical steps toward automating manual processes that run at the heart of their businesses.Workflow

Step 1

Get people out of email and into a single system for approvals. This will help solve problem #1 and 3. By logging in to a single system for approvals, the approver should be able to get to a “To Do” list that helps them focus on the task(s) at hand. A system that alerts ONLY when an approval is required, and only when this task is “past due,” can assist in decreasing problem #1.

Step 2

Link your system to Deltek Costpoint or a similar platform! Not only does it save time from transferring information into Outlook, but it also ensures that the information will not be incorrectly entered or failed to be entered. Additionally, users can maintain project leads in Costpoint, and can link to a user in the system to automatically assign the approver to the person(s) involved in any given approval process. Problems #2 and 3 solved.

Step 3

Create a workflow that allows for rework, rejection, and handles the issues and items that may need to be addressed when something is “wrong.” That way, the stakeholders that need to be involved can be included automatically based on roles, or by selecting a user from a list of possible issues/departments involved. This decreases the amount of emails sent out for approvals. Assigning a task and automating reminders in the system accomplishes all these things.

Step 4

Solve Problem #4.  Remove yourself from your enemy list.  Relax. Stay out of email. Work on other things. Seriously. At a recent conference I attended, it was estimated that we spend around 28 percent of our work time sending or reading emails. What happens when you remove a single work stream worth of emails from your list of things to do? You can get back a piece of that time to work on other more pressing issues.

If it sounds like I’ve been through this process at least a few times, it’s because I have. Using the power of a business process management tool called Integrify, NeoSystems has automated this and other processes and tied those processes to Costpoint and similar platforms. Throughout this series, I will highlight the ways we have implemented, envisioned, and produced time-saving, compliance-driven processes that integrate with your ERP to create an Enhanced Workflow Automation Framework.

Have burning questions about Process Automation? Feel free to contact me ahead of next week’s blog post.

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LeaseWeb’s  introduces six tips to help you find the perfect cloud partner for your business.


By now, the concept of the cloud is ubiquitous, but for many business leaders the idea still presents more challenges than opportunities. Understanding the complicated technology, not to mention the vast array of delivery models, degrees of services and levels of security available, can be a daunting task for companies under pressure to adapt or adopt.

In a new white paper, “Developing a Cloud Sourcing Strategy: Six Steps to Select the Right Cloud Partner,” LeaseWeb gives decision makers the tools they need to formulate an effective cloud strategy or to identify the right cloud partner to executive it. In summary form, these six tips will help you find the cloud partner for your business.

  1. Support and services — For most businesses, concerns about cost, security, vendor management and technology take the lead in the search for a reliable cloud partner. Surprisingly, the ability of  a provider to smoothly and effectively deliver customer support, SLAs and managed services is often minimized or overlooked, at the expense of the customer. When deciding which cloud partner best fits your needs, don’t underestimate the crucial importance of the support and services they make available. It’s the difference between a cloud partnership that takes your business to new levels and one that just adds to your daily hassles.
  2. Architectural alignment — One of the biggest considerations is whether to use a hyper-scale or traditional hosting model. Practically speaking, a hyper-scale provider requires users to be responsible for operational, day-to-day tasks, while hosting providers oversee the day-to-day management of the infrastructure elements. It’s up to you to decide which is a better fit for your technical team and business needs.
  3. Security and compliance — Data centers are a frequent target of malicious attacks, so it’s important to make sure that your cloud provider is prepared for every eventuality. This means everything from physical security and network threat recognition, to regular security audits to updated compliance certifications like HIPAA. Your data is your most valuable asset, so make sure it’s going to be treated that way.
  4. Support for data sovereignty and residency requirements — In tandem with security and compliance issues, data residency is another issue that frequently stalls cloud and hosting projects. The growth of “bring your own device” (BYOD), big data and cloud projects is dragging sensitive data to third-party clouds and data centers. This makes many business owners uneasy, which is why it’s so important to address the location of your data, the laws governing the export of data wherever it’s stored and the security and encryption of that data.
  5. Financial management — Traditional hosting companies typically offer a more basic cost scheme, based upon initial configurations with monthly utilization. This traditional model works well for companies with steady and predictable usage patterns. Hyper-scale cloud services, on the other hand, were built around granular per minute or hourly costs from their inception. Provisioning is primarily self-service and allows users to turn up server, storage and network services. This feature appeals to users who need to spin up environments in near real time and then turn them down when not needed. Consider your requirements to determine which model fits you – or if you want a mix of both.
  6. Cultural and strategic alignment — Cultural fit with your service provider is a key point that never receives enough attention in the RFP process. For nearly all enterprises, using a cloud or hosting provider is truly a new venture, one that requires extensive internal buy-in. For first-time cloud buyers, the ongoing degree of partnership is an unknown factor. Each provider engages and on-boards clients differently.

If you’re in the process of picking a cloud partner for your business, remember that no one becomes a cloud infrastructure expert overnight. But with a smart approach, you can make an informed decision that will lead to great results for your company.

Ultimately, remember that you will only achieve the higher-performance and lower-cost environments you are aiming for by choosing the provider that fits your needs and requirements best.

To learn more, visit us at here to receive our full white paper on selecting the right cloud partner today.

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Most countries have a centralized model for managing healthcare supplies, but there is room for other options. This week on NVTC’s blog, LMI’s Taylor Wilkerson outlines three models that can help you choose the best option for your national healthcare system.


Most countries have a centralized model for managing healthcare supplies, but there is room for other options. The following decision tree can help you choose the best option for your national healthcare system. Note that all three models assume that contracts with vendors have been centrally negotiated to ensure bulk pricing. Determine the best model for your healthcare supply chain with three questions.


If your best option is a Vendor-Managed Inventory Model, vendors own and maintain the medical supply inventories at facilities around your country and are responsible for inventory fulfillment. Pricing is based on pre-negotiated bulk contracts.

Key Benefits

  • You don’t have to manage transportation or storage of supplies.
  • Since inventories are stored in facilities around your country, your healthcare supply system may be more flexible in times of disaster.

Key Disadvantages

  • To ensure standardized levels of care across the country, this model requires clearly defined management processes and data systems.
  • Analysis is needed to know whether vendor delivery costs would be more and less than one managed by your administration.

If you choose the Vendor-Managed Delivery Model, vendors manage delivery of supplies around your country. Districts, counties, or facilities place direct orders with vendors, with pricing based on pre-negotiated bulk contracts. The pricing includes delivery costs.

Key Benefits

  • You don’t have to manage transportation of supplies.
  • In case of disaster, the flexibility of your healthcare supplies depends on the resilience of your vendor’s delivery systems.

Key Disadvantages

  • To ensure standardized levels of care across the country, this model requires clearly defined management processes and data systems.
  • Analysis is needed to know whether vendor delivery costs would be more and less than one managed by your administration.

If your best option is a Centralized Inventory Model, you hold all inventory in a central warehouse and ship to medical facilities as needed.

 

Key Benefits

  • With all supplies are in one location, you can easily track inventory, even if you have not been able to invest in sophisticated data systems.
  • You may be able to negotiate the least expensive warehouse costs, since you need only one facility.
  • There is lower risk of running out of one type of supply, since overall inventory is larger than when it is stored regionally.

Key Disadvantage

  • In times of disaster, having all supplies in one location could make your healthcare system vulnerable.

Mr. Wilkerson heads the Global Health group at LMI. Mr. Wilkerson co-chairs the Supply Chain Risk Leadership Council and chairs the Penn State Center for Supply Chain Research advisory board. He has an MBA from the University of Maryland, and BE in mechanical engineering from Vanderbilt University.

Mr. Colaianni works in the Global Health group at LMI and manages supply management systems and policy. Formerly, Mr. Colaianni was an Army officer and managed the medical equipment program for Walter Reed Army Medical Center. Most countries have a centralized model for managing healthcare supplies, but there is room for other options. This week on NVTC’s blog, LMI’s Taylor Wilkerson outlines three models that can help you choose the best option for your national healthcare system. 

 

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Preparing for Genomics and Health Data Analytics

February 1st, 2016 | Posted by Sarah Jones in Guest Blogs - (Comments Off)

This week on NVTC’s Blog, LMI Senior Consultant Daniel DuBravec notes that we need to prepare for personalized medicine and the evaluation of genomic data.


Today’s electronic health record (EHR) systems cannot properly handle genomic data. Interpreting these huge and complex data, particularly in a visual manner, is challenging. Even when EHR systems can access these data, few standards exist for how to structure them to ensure seamless system integration, interoperability, and interpretation. Most medical schools do not teach doctors how to interpret genetic data, and local-level care centers require training on proper data storage and network security.

Precision medicine predicts, prevents, and treats diseases at the patient level. Its growth has created the need for internationally recognized genomic EHR standards and policies, which would protect individuals by ultimately improving patient outcomes. We need to prepare for a future in which medicine is more personalized and better able to evaluate genomic data. 

Real, Inspiring Stories

Recently, I met a colleague whose daughter is suffering from a genetic condition known as Stargardt disease. Sadly, her daughter is rapidly losing her vision. This disease, a form of juvenile macular degeneration, can only appear in children when both parents carry the mutated gene. If the gene had been identified at an early stage, medical practitioners would have had more time to investigate new drug therapies and gene-editing technologies to treat my colleague’s daughter. As part of her interoperable medical genetic record, physicians at research institutions who were also working on her case could have then viewed and collaborated by using this critical information. Hitting close to home, this is one of many stories that inspire us to prepare for the widespread application of precision medicine and genomic data analysis.

Making Genomic Data Useful for Medical Practitioners

The future of patient care requires connecting large external data sets with electronic healthcare records. Precision medicine will customize treatments down to a patient’s genes and behavior. By analyzing genetic data across thousands of people, scientists will discover preventative treatments and cures for challenging health issues.

Given the complexity of health and genomic data, one can analyze the same data in different ways and achieve different outcomes. “Well-designed data visualization could help doctors interpret the data more rapidly, arriving at more challenging diagnoses in less time,” says Erin Gordon, data visualization trainer and graphic facilitator at LMI.

Before developing a framework for integrating and analyzing disparate health data sets, we test our models for validity. “The quality of our medical data models has a direct impact on patient outcomes and daily operations in medical facilities,” says Brent Auble, a consultant with the Intelligence Programs group at LMI. To support LMI’s research into healthcare data management, our team set up a Hadoop cluster, which is a group of servers designed to quickly analyze massive quantities of structured and unstructured data.

Building the Future of Healthcare Analytics

Ultimately, to meet the growth in precision medicine and the use of health data analytics, future EHR systems need to:

  • automatically generate comparisons of multiple genomes,
  • identify and match genetic variants based on known diseases,
  • ensure patient data privacy, and
  • integrate and search medical publications and scientific research for relevant patient data.

Preparation is key in order to predict, prevent, and treat disease as medicine evolves.


Dan DuBravec is a senior consultant at LMI, leading IT implementation projects. Mr. DuBravec holds multiple EHR certifications, as well as a BS in product design from Illinois State University and an MS in educational technology leadership from George Washington University.

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Four Health Insurance Trends to Watch for in 2016

January 19th, 2016 | Posted by Sarah Jones in Guest Blogs - (Comments Off)

This week on NVTC’s Blog, Innovation Health CEO Dave Notari identifies key health insurance trends to consider in 2016.


As the healthcare industry continues to evolve, it is important for business owners to know where it is headed, and adjust accordingly to meet their needs. To make sure you and your business are best able to prepare for the year ahead, here are my top four predictions for the New Year and beyond.

Shift from volume of care to value of care

Over the past few decades doctors had been compensated based on the number of services they provided to people, rather than the outcomes those services produced. Recently, we have seen a shift in this approach. Increasingly, employees and companies are paying doctors for the quality of the care provided – i.e., keeping patients healthier and helping them to better manage their care. In 2016 we can expect to see this overall “quantity” trend continue to die out across the country. This is good news for your employees’ health and your business.

In 2016 you will have access to more health plans focusing on cost-effective care. Since these are specifically designed to keep your employees healthier and out of the emergency room, they could save your business quite a bit on unnecessary copays and premium payments. As we move into the New Year, be sure to talk to your broker and be on the lookout for health plans focusing on value-based care.

Alignment of health plans and providers

For too long, health insurers and health providers have been on different teams. Health plans are in the business of managing risk, and they have looked to reduce the number of claims paid to providers in an effort to improve their revenue. This approach put many hospitals and physicians at odds with health plans; the approach simply wasn’t working. Fast forward to today and businesses and employees now have access to health plans that work to reduce risk by improving member health. This means that the health plan, doctors and hospitals are all on the same team and working together to achieve what is best for the individual.

Given the industry success this approach has seen, moving forward there will be more health plans partnering with hospitals and physician networks. As you select your coverage in the future, be sure to look for these collaborative plans in your area. They could improve employee health and save your business money for years to come.

Increased role of the consumer in healthcare

Since the implementation of the Affordable Care Act (ACA) people have become more involved in their healthcare decisions, demanding plans that are transparent, easy to access and understand, and are affordable. In 2016 these expectations, and employee involvement in the health plan selection process, will become the norm. This means that moving forward your business will need to find plans that address those specific employee wants and needs.

To make sure you’re paying for the care that is most valuable to your workforce, look for plans with access to easy online enrollment, clear language in the plan descriptions and on-the-go tools that can help them look up the cost of a local MRI visit or the copay at a nearby physician’s office. Moving forward, those plans will be most valuable to your employees.

Continued growth of private exchanges

Bottom line: people like to be able to customize the things they buy. It is for this very reason that 6 million people selected health plans through private exchanges in 2015. Looking ahead, I think we can expect this number to rise. Why? Because private exchanges allow employees to choose the health plan that works best for them and, as I mentioned  earlier, that choice is very important these days.

The great news about private exchange growth is that it can be really good for businesses. Despite the recent implementation delay of the Cadillac Tax, many employers are trying to find ways to move away from rich benefit plans, while still offering employees the coverage they want. Moving to a private exchange means employees can choose the care they want at the price they want without employers being penalized. Because of the “win-win” they offer you can expect to see more businesses taking advantage of the private exchange option in the coming years.

The key to success in any business lies in our ability to adapt. With each year comes new challenges and opportunities to improve the care we provide our employees. By preparing for these four trends you can ensure your business is prepared and your employees have the care they need for a healthy and prosperous 2016.

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This week on NVTC’s Blog, Business Development, Marketing & Sales Vice Chair Jenny Couch of member company Providge Consulting shares critical changes to the IT landscape that your healthcare organization needs to have on its radar.


These days, technology seems to advance too rapidly for most of us to keep up. It’s certainly moving too rapidly for organizations to keep up with every single one of the “hot” trends.

healthITIn the noisy field of today’s latest tech, it’s all too easy to get caught up in the buzzwords and lists of “This Year’s Hottest IT Trends”, and miss the truly critical changes to the IT landscape that your organization needs to have on its radar.

The healthcare industry is uniquely positioned to be impacted by a convergence of critical IT trends within the coming years. But with budgets decreasing, and resource pools shrinking, it’s more challenging than ever to prioritize IT needs within the healthcare space.

We’ve highlighted the top five technology trends healthcare organizations must have on their radar in 2016.

  1. Cloud computing. Whether it’s a pharmaceutical company needing to store large amounts of data from clinical trials, or a hospital with a newly implemented EHR system, healthcare organizations of all kinds are increasingly turning to cloud computing for a variety of uses. According to Healthcare Informatics, the global healthcare cloud computing market is expected to reach $9.5 billion by 2020. And 83 percent of healthcare organizations are already leveraging the cloud. Only 6 percent of organizations have no plans to take advantage of the cloud in the coming years. If you’re in that 6 percent, it’s time to reconsider your plans. Cloud computing can be used to decrease costs, improve access, and create a better user experience for any healthcare organization. But, it’s critical that your organization take a strategic approach to moving to the cloud. Learn more about how you can leverage the cloud to best support your organization here. 
  2. The Internet of Things. Take a look at that FitBit on your wrist. Think about the incredible amount of data that one tiny device is generating constantly. The number of steps you take, the calories you burn, your sleep pattern, the stairs you climbed. These devices get more accurate and more intricate with every passing day. We are not far off from a future when we’ll be able to monitor nearly every aspect of our health, and the health of our loved ones without setting foot in a doctor’s office. Healthcare organizations will have to find a way to address what will be tectonic shift in how care is delivered. Communication methods will need to be established to collect the data generated by wearable and mobile devices. Methods for collecting and analyzing the influx of data will need to be developed so patterns can be identified. The manner in which treatment is delivered will have to change as we move away from the traditional doctor’s office visits, and into a world where a diagnosis can be made through analyzing the information generated through a patient’s mobile device, car, appliances, wearables, etc. And while this future may not quite be a reality, it’s coming soon, and healthcare organizations need to start preparing today.
  3. Data Explosion. Big data. Data analytics. Whatever term you use, the unparalleled rise in the amount and accessibility of data over the past few years is certain to have a massive impact on the healthcare industry. The explosion in big data occurred so quickly that 41 percent of healthcare executives say their data volume has increased by 50 percent or more from just one year ago. 50 percent in just one year. This incredible increase in data will allow medical professionals to more quickly and more accurately diagnose patients, but as with the Internet of Things, it will require fundamental shifts in how data is managed and how care is administrated. Healthcare organizations will need to train, or hire a workforce with the right data analysis  and medical skill sets. Regulations, processes, and platforms will need to be developed or implemented. Healthcare organizations who ignore this trend do so at their own peril. For as Accenture notes in a report released earlier this year for those who take advantage of the wealth of opportunity within big data, “Greater operational excellence and improved clinical outcomes await those who grasp the upside potential.”
  4. Efficiency in IT. If you haven’t heard the phrase “Doing more with less”  in the past few months, it’s probably time to climb out from under that rock you’ve been living under. With healthcare spending wildly out of control in the United States, every healthcare organization from physician’s offices to the largest hospital chains are being asked to do more with less. IT is a particularly ripe area for cutting costs, and resources. In 2016, the emphasis on doing more with less in IT will continue. Expect to see IT departments pursue options such as moving to the cloud, outsourced managed services, and bring your own device to help decrease IT operating costs.
  5. Cybersecurity. In 2014, 42 percent of all serious data breaches occurred at healthcare organizations. Sadly, this trend is certain to continue its upward trajectory in the coming years. Healthcare organizations who have not adequately upgraded their systems, and developed a thorough cybersecurity strategy are especially vulnerable to attack. Now is time to evaluate your systems, processes, and resourcing. Make sure your organization is positioned to proactively protect against attacks where possible, and identify and respond rapidly to breaches when they do occur.

Planning your 2016 health IT projects and priorities? Looking for a partner that will truly understand the challenges you are facing and the need to ensure success? Get in touch with us today. Our experienced health IT experts know the obstacles you face, and are ready to partner with you to deliver your projects on time, and on budget in 2016 and beyond.


Jenny Couch

This post was written by Jenny Couch. Couch is a project management consultant, and Providge’s Business Development Manager. She loves efficiency, to-do lists, and delivering projects on-time and on-budget.

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This week on NVTC’s blog, Kathy Stershic of member company Dialog Communications shares her final thoughts of her Brand Reputation in the Era of Data series.


Over the past few weeks, I’ve outlined 8 Principles that will help marketers protect and strengthen their brands in an era of radical change, where there is great temptation (and quite likely management pressure) to push boundaries further than ever before. Throughout this time and many preceding months, I’ve had countless conversations with people about the state of their data as well as the modern conveniences upon which they’ve come to rely. I’ve heard a Big Data expert actively advocating for stretching the law (or hinting at crossing the line) for the sake of competitive advantage. I’m sure he is not alone in that opinion. We are, all of us, currently in the Wild West.

While technology is accelerating what’s possible, the ideas outlined in the 8 Principles come back to common fundamental and timeless human needs that will outlast every wave of technology: People protecting what’s theirs, seeking respect and dignity, wanting control of their lives, enjoying freedom and avoiding harm. The brands they will choose for anything more than a one-time experience will be those who understand those concerns, and actively work to enable them.

There is more to brand reputation than being the app of the moment. Not every new thing will be transformational. But businesses who innovate as well as who truly respect their customers and actively work to earn trust stand a far greater chance of longevity than those who rely on buzz about the shiny new object, or who exploit to maximum advantage thinking the ‘sheeple’ won’t notice. It will take work. It will take awareness. It will take intention. It will take courage. And it will take leadership.

Eventually today’s Wild West will give way to a more mature market dynamic. Embracing these 8 Principles may help ensure your company is there when that time comes – or even leading the way.

Brand Reputation in the Era of Data – Principle 1: Empower Customer Control
Brand Reputation in the Era of Data – Principle 2: Be Clear and Accountable
Brand Reputation in the Era of Data – Principle 3: Do Everything You Can to Protect Customer Data
Brand Reputation in the Era of Data – Principle 4: Mind Your Partners!
Brand Reputation in the Era of Data – Principle 5: Practice Customer Empathy
Brand Reputation in the Era of Data – Principle 6: Comply with All Applicable Laws and Regulations. Then Exceed Them.
Brand Reputation in the Era of Data – Principle 7: Apply Technology Thoughtfully
Brand Reputation in the Era of Data – Principle 8: Actively Demonstrate Respect for Your Customers

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This week on NVTC’s blog, Kathy Stershic of member company Dialog Communications continues her Brand Reputation in the Era of Data series by sharing principle eight: actively demonstrating respect for your customers.


The final of these 8 Principles clarifies a concept implied across the other seven. To become and remain a successful brand, businesses must actively demonstrate customer respect. Just saying ‘We respect our customers!’ is not enough. Prove it.

This can take many forms, from being transparent and honest about data collection and sharing practices to moderating your outreach below the annoyance level to integrating this attitude into your culture and policies – and many other opportunities mentioned through these posts.

Disrespectful practices were often brought up in the comments I’ve gotten. One respondent noted that “I want to feel like a vendor respects my data as much as I do.” People do not like bait-and-switch, confusing changes to privacy policies or anything that feels sneaky. They don’t like the burden of responsibility to stop something, like too much email or too many pop-ups. When everyone is tired or busy from their own lives, wearing people down or hoping they won’t notice might produce a short term win, but not long-term loyalty.

Having a straightforward dialog with your customers – even the ones who are unhappy with you – is another way to show respect. Everyone messes up – own it! Apologize, make it right and move on. If it wasn’t your fault, but there’s a small cost to making someone feel respected anyway – do it! Nordstrom figured this out a long time ago.

Nothing about customers wanting to feel respected and treated fairly is new. What is new is the exponential increase in vendor relationships enabled through technology. With the tremendous choice the modern customer enjoys, utility, benefit, quality and value are now table stakes. A differentiated and trusted experience, that includes feeling respected, is what will stand out. Someone’s choice of your product or service is a privilege. One of the best quotes from the respondent feedback sums it up: “Respect the customer and the customer will respect you.”

Brand Reputation in the Era of Data: 8 Principles for Responsible Data Stewardship That Won’t Kill Your Customer Relationships
Brand Reputation in the Era of Data – Principle 1: Empower Customer Control
Brand Reputation in the Era of Data – Principle 2: Be Clear and Accountable
Brand Reputation in the Era of Data – Principle 3: Do Everything You Can to Protect Customer Data
Brand Reputation in the Era of Data – Principle 4: Mind Your Partners!
Brand Reputation in the Era of Data – Principle 5: Practice Customer Empathy
Brand Reputation in the Era of Data – Principle 6: Comply with All Applicable Laws and Regulations. Then Exceed Them.
Brand Reputation in the Era of Data – Principle 7: Apply Technology Thoughtfully

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Growth Companies Benefit From Final Crowdfunding Rules

December 8th, 2015 | Posted by Sarah Jones in Guest Blogs - (Comments Off)

This week on NVTC’s blog, Alex Castelli of NVTC member CohnReznick shares how the SEC’s adoption of new crowdfunding rules could be a game changer for growth-focused businesses and investors.


The SEC’s adoption of new crowdfunding rules could be a game changer for growth-focused businesses and investors

On Oct. 30, 2015, the SEC approved final rules that permit companies to offer and sell securities through crowdfunding. The new rules provide another capital raising option for growth-oriented companies and offer additional options for investors who want to get in on the ground floor of in what could be a very successful business.

Benefits to Companies and Investors

Some of the key benefits of the SEC’s rules permitting crowdfunding or, simply put, the ability of companies to raise capital from the general public through the Internet are listed below.

  • Early-stage and growth companies that may be unable or unwilling to raise capital from institutional or private investors have access to another source of capital.
  • By offering and selling equity in their company through the Internet, companies gain a wider and more efficient distribution of the offering to a larger audience when compared to traditional sources.
  • Using the Internet to offer and sell securities should decrease the cost of capital
  • Non-accredited individual investors, previously excluded from equity crowdfunding investments, are now invited to become investors with certain limitations.
  • Investors have a level of protection since companies raising capital through crowdfunding will be required to utilize funding portals or registered broker dealers and will have certain disclosure requirements to investors. Additionally, funding portals that wish to participate in the crowdfunding process as an intermediary will be required to register with the SEC and become a member of FINRA.

Launching Your Crowdfunding Campaign

Even if you are a tremendously successful owner or executive, a successful crowdfunding effort will require expert marketing surrounding your efforts to raise funds. You and the members of your management team will assume the responsibility of formulating a marketing campaign to create interest in your offering. You’ll need a good story to tell investors complete with business plans, financial statements and projections.

In the crowd, you’ll be competing for investment dollars with other companies so you need to engage in strategies to elevate your offering over all others. Earning the trust and confidence of investors can lead to a successful offering. Consider activities that could strengthen your relationships with clients, customers, and even vendors. These relationships may help to support a successful crowdfunding campaign and could represent your future investors.

To launch your crowdfunding campaign, you’ll be using the services of an SEC registered broker/dealer or SEC registered crowdfunding platform or funding portal. Each will probably offer different services and fee structures. Once your customers, clients, and vendors have invested in your business, you may want to reach out to a broader base of potential investors. Getting your offer in front of the right investors will be critical to achieving your capital raising goals.

As a private company, you may not be accustomed to sharing operational and financial information publically. A successful crowdfunding campaign may require additional transparency if you are to build trust and confidence in prospective investors. If you are not comfortable sharing company information with the world, you may want to explore a more proprietary method of raising capital.

Once you have executed a successful crowdfunding campaign, you will need to have a plan on how you will continue to communicate to your new investors. How much information are you willing to share? Which rights to information will investors have? Consider creating an investor-only section on your company’s website where you can post periodic information about your company’s progress, financial results, etc. Transparency is the key if you want to keep your investors informed and hungry to make additional investment in the future.

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