10.09.06 Volume 3 Edition 10 iMed eNewsletter

The voice for the healthcare IT reseller community.

 Top Story:  Switching Vendors? Now what.

Approaching your existing medical software or hardware clients and informing them you’ve found something new and better can be somewhat challenging.  For one, if their existing medical software and/or hardware isn’t working for them, they probably blame you.  If their systems are working for them, thus far, they may not have any desire to look at other options.  It is this dilemma that you may find yourself in when switching from and old vendor to a new vendor.  More.

 
 Economics of Automation
What can we learn from the banking industry?  Bankers don’t make routine withdrawals and deposits, they have the ATM. Banks are not open late at night. ATMs are. Bankers don’t manually record inter-bank and intra-bank transfers. They have sophisticated EDI systems that make all the transfers, record all the deposits and withdrawals, and make all the payments.  More.
 An Invitation to the Vendors

Thank you for being a subscriber and a supporter of the InvestMed FREE eNewsletter.  We are excited to work with you and we have established a number of ways that you can work with us.

  1. Advertise in the Monthly eNewsletter - not only are you reading this, but approximately 7000 other Healthcare Professionals are viewing this across the country right now as well.  They could be reading about you.

  2. Adopt the InvestMed Patient Kiosk.  By allowing us to interface with your database, you can save your customers time and money and add value to your own Practice Management or EMR software.  Be aware that we are open to private labeling deals as well as opportunities for you to purchase the 'patent pending' source code.

 About InvestMed
The InvestMed eNewsletter was developed as a resource for healthcare and technology resellers to receive help, training, and information pertinent to their success.  It addresses a need for communication, information, and education that wasn't currently being addressed by the industry vendors as a whole.  The InvestMed Monthly eNewsletter reaches nearly 7000 healthcare and technology industry professionals each month (via e-mail and the Web) containing articles and information written specifically for their unique market.  Additionally, InvestMed has branched out into developing solutions for problems that the vendors in the marketplace haven't addressed; solutions like InvestMed's Patient Kiosk.
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 InvestMed Subscription Notice

There will not be a Nov/Dec Edition of the InvestMed eNewsletter.  We will return in the new year - we are currently in the process of evaluating strategies and opportunities.

 
 EHR Corner:  Cost Justifying EHR

Experienced salespeople know that buying decisions are primarily emotional. But it has been said that after the emotional decision has been made the rational mind must justify the decision, and that is where cost justification comes in. Hopefully you and/or your software vendor have some case studies which document financial success with EHR. But will your prospects believe these case studies?  What does the research show about EHR benefits?  More.

 Quote-of-the-Month

"If you look ahead in the 21st century, this really should be what many experts have called and the economists have called the biomedical century. Healthcare and biotechnology and innovation in medicine are areas where the United States can lead the way for the world in innovation, can lead the way for the world in helping people live much longer and much better lives," Dr. Mark McClellan administrator of the Centers for Medicare and Medicaid Services in a recent interview with CSM (10.06.2006).

 Funny Bones:  Industry Comedy

At a recent party, a tipsy man, on hearing that I was a physician, asked me to do something "medical."  So I kept him waiting.  Then I sent him a bill.
                         - Clifford Kuhn, MD

 Industry News
Recent News that Might Affect Your Business

10.09.06 - Dr. Mark McClellan on ABC News

10.09.06 - 8th Annual Conference Explores Improving Patient Flow Through Technology

10.04.06 - Supreme Court Takes a Pass on Privacy Suit

09.28.06 - Physician Groups: Delay ICD-10

09.21.06 - Interim I.T. Coordinator Named

09.20.06 - New Commissioners Named to CCHIT

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