01.01.05 Volume 2 Edition 1 iMed eNewsletter

The voice for the medical software reseller community.

 Top Story:  My New Year's Resolution

With the beginning of the New Year each one of us has the opportunity to reflect on the progress we made in previous years and attempt to make changes and improvements that will help us to reach higher standards in both our businesses and in our personal lives.  Below is the list of the three most important things you can do for your small business to begin 2005:  More.

Advertising Opportunities:  Advertise With Us 
Advertise with us!  Get your product or service seen by over 7000 healthcare and technology industry professionals each month.  More.
 InvestMed News:  InvestMed Patient Kiosk
On Wednesday, December 23rd we shipped out first 12 InvestMed Patient Kiosk systems.  We now have 15 official resellers and are accepting new resellers daily.  Check www.investmed.com for more information on the new Patient Kiosk software product and on becoming a reseller for it.  There is no charge to resell this product.  To print and fax your reseller agreement, simply click here.
 Quote-of-the-Month
"[IT vendors should] invest more in R&D to make EHRs more ergonomic and less intrusive to users.  The paradigm of screen and keyboard needs to be challenged by point and click, by voice recognition and by smart devices, such as blood pressure machines and a host of similar products that talk to computers."  -- Jonathan Javitt, chairman of the health subcommittee of the president's IT Advisory Committee, 12.07.04
 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 graduating from Brigham Young University 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 2000, Kevin Burdick was promoted to a mid-level sales manager, managing sales of both Medisoft and Lytec 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: finding recurring revenue, developing a focused marketing plan, maintaining good salesmanship, building a lasting customer base, choosing the right products, understanding HIPAA, and more...

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

Also see FAQ's.

 Refer a Friend

There are currently 2061 industry professionals and medical software resellers who receive the InvestMed eNewsletter monthly.

Do you know a reseller or industry professional that could benefit from this free eNewsletter?  Spread the word by signing-up a friend or associate at:  www.investmedllc.com

 
 
 HIPAA Corner:  HIPAA Security?
Physicians, hurting from huge malpractice insurance increases, are looking for every opportunity to trim costs.  Is there a need to invest scarce dollars in improved computer security?  VARs can help physicians by educating them on the increasing dangers of the connected world.  The troubling statistics below will show that just because nothing bad happened to them in the past few years doesn’t mean that trouble won’t arise in the near future.  More.
Dollars & Sense Financial Corner

Potential clients get excited when they listen to a knowledgeable reseller talk about their proposed computer solution.  Resellers convey how easy it will be to manage and process the client’s huge amount of paperwork by employing the latest technology. Clients picture EHRs that literally flow through their office with ease.  Of course, resellers want the sale and get excited too. There’s always a thrill in proposing a system solution. Often, that new customer will become a long-term client. More.

 Industry News
Recent News that Might Affect Your Business

12.30.04 - Bar Code-Reading BlackBerrys Could Aid Health IT

12.30.04 - Getting Up to Code: Medical

12.09.04 - At Last, a Guidebook for Choosing Electronic Health Records

12.08.04 - Congress Chops $50 Million For E-Health-Care Funding

12.07.04 - Electronic health records spread

12.07.04 - Government's Health IT Rhetoric Comes Up Short on Cash

 Marketing Tip:  The Marketing Plan
     With the new year upon us, developing a strategic business and marketing plan for 2005 is an essential part of maintaining a successful business  Not only will this plan help you visualize a path to success, but it will also give you structure in achieving your company and personal goals.  As the saying goes, "A failure to plan is planning to fail."
     A good business and marketing plan generally can be broken down into the following sections --
     Business Summary:  This summary will outline your entire business strategy from beginning to end.  What is your company's focus?  What is your mission statement?
     Objectives:  The objectives section of your business plan should include a company product/services description as well as the goals you have for your business in 2005.  Don't be afraid to set specific goals.
     Identify Your Target Market:  Discover who your selling to and what their specific needs are.  What are the unique problems that your product provides solutions for?
     Identify Your Competitors:  Who are your main competitors in your market?  What do their products have that yours doesn't have?  What sets your product apart from the competition?  How do they advertise?  How are they priced?
     Advertising Plan:  How much will you budget for advertising?  How will you reach your target market?  What publications will you utilize?   How will you take advantage of internet marketing?  How will you drive traffic to your site?

 

Missed out on the '04 survey?  Get a jump start on next year. If you would like to see the software you represent included in the 2005 comparison study, please send your vendor to:  http://www.investmedllc.com/survey.htm

 

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

 

 

Copyright © InvestMed, LLC and its licensors.  All rights reserved.
 Images provided by www.plattphotography.com