7.01.04 Volume 1 Edition 1 iMed eNewsletter

The voice for the medical software reseller community.

Top Story
Residual Income Pays Big

Seasoned resellers know that selling medical software is just the tip of the revenue iceberg. Getting wealthy off of software sales alone is not realistic in this industry for any reseller. Finding additional sources of revenue and new solutions for your customers is crucial to your survival and an important part of maintaining a large and happy customer-base. Once you have put strategic relationships in place that will enable you to bill for additional services, it becomes very simple to put these solutions into every software proposal you submit.  More.

Quote-of-the-Month
"Paper kills. A paper-based system is an ignorant system." -- Newt Gingrich at a Health Summit on Electronic Medical Records (6.21.04)
About InvestMed

InvestMed President and Founder, Kevin Burdick, is in his 7th year in the medical software industry.  Mr. Burdick brings a unique perspective to resellers because of his industry knowledge and experience. 

After leaving Brigham Young University with a degree in 1997, Kevin began working for Medisoft.  As the Medisoft Northwest Regional Sales Manager, he helped hundreds of resellers by counseling them on developing and growing their business in the Northwest.  After NDCHealth purchased Medisoft in 1999, Kevin Burdick was promoted to a mid-level sales manager, managing sales of both Medisoft and Lytec sales throughout the mid-west.  In 2001, Mr. Burdick left NDCHealth after accepting a job as Vice-President of Sales for AltaPoint Data Systems.  At AltaPoint he helped develop their unique reseller program and worked to expand their reseller coverage nationwide.  Following almost 2 1/2 successful years there where AltaPoint tripled its installation base and grew from 30 to 210 resellers nationwide, Mr. Burdick left to develop and manage InvestMed.

Mr. Burdick currently works as a medical software consultant working directly with both resellers and industry professionals on a variety of topics including: recurring revenue, developing a focused marketing plan, good salesmanship, building a lasting customer base, choosing the right products, HIPAA, billing, and more...

Kevin BurdickTo contact Kevin Burdick with questions, e-mail:  kburdick@investmedllc.com

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Q&A
Q&A
Would you like to contribute an article to the newsletter?  Have a 3rd party product you'd like to promote to other resellers?  Do you have a unique topic you'd like to see more information on?  Feel free to forward any requests to:  articles@investmedllc.com
Industry News
 Recent News that Might Affect Your  Business

6.27.04 - Physicians switch to digital

6.26.04 - The Pen Is Mightier Than the Form

6.23.04 - Physician Confidence Key to Boost Sales of EMRs

6.21.04 - Experts: U.S. needs e-health record standard

6.21.04 - Industry Must Improve Its Technology Use

6.21.04 - Practices try dropping waiting rooms

6.21.04 - HHS to Present Plan on Transforming Health Care Through Information Technology at National Conference July 21

6.19.04 - Misys Healthcare Systems Participates in Capital Hill Healthcare Information Technology Showcase

6.16.04 - The 4% Medical Billing Company- Announces Launch Date for New Integrated EMR Program

6.16.04 - Tablet PCs Struggling, Analyst Firm Reports

6.14.04 - Speech impediment: Technology getting slow start

6.11.04 - EMR System, Inc. Announces Electronic Medical Records Software

Marketing Tip
Local community colleges, trades schools, and universities often offer medical billing classes or even have a medical billing program that students can enroll in.  Getting your products into these schools is just the first step into making sure that the future office managers and medical billers in your area are all trained on the software that you are selling.  Furthermore, knowledgeable resellers often help with the classes, coming in as a special guest to show tips and tricks and to hand out business cards and brochures before graduation.

 

 Coming Soon!  Detailed Medical Software Comparison Matrix.  Coming Soon!

Stay tuned this fall for our new annual comparison matrix including many of the industries top medical packages.  If you would like to see the software you represent included in the comparison study, please e-mail: kburdick@investmed.com

 

You are receiving this announcement as a member of the medical software reseller community and industry. To unsubscribe, reply with "unsubscribe" in the subject line.

 

 

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