Don't get bullied by your vendor
According to a study conducted by the consulting group KATALUS Advisors, hospital CFO’s are not always aware of the complete total cost of ownership (TCO) picture, when evaluating systems. This equation not only represents expensive upfront costs for software license fees, and required hardware, but it demonstrates that premise based (on-site data center) software models, are not cost effective and sustainable for the long-term. As you can see in the images to the left, on-going upgrade costs can reach nearly 50% of the original license agreement.
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Every other major industry has moved away from premise-based solutions to Software-as-a-Service (SaaS) or cloud deployed solutions, in order to address these same cost issues. With iCare, your facility can take advantage of these cost-savings and achieve meaningful use incentives while maintaining a sustainable cost model over the long-term. More importantly, there are no TCO surprises!
For a limited time, iCare is offering a FREE on-site TCO Assessment to hospitals. A $50,000 value! This assessment features a full S.W.A.T and readiness analysis as well as a written and oral report post-assessment detailing the opportunities and challenges that lie ahead for your organization.
Get your readiness assesment now!
Inflexible software from competitors
It is clear that the very reason the U.S. Government introduced these incentives is because America’s healthcare facilities are well behind other countries as it relates to technology and electronic patient records. iCare believes that incentivizing facilities to become reliant on installed software is not going to fix the problem. In fact, this dependence will make the problem worse.
Avoid the EHR crisis of 2015!
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What happens when the incentives go away and these very same facilities, who are running on paper thin margins, stop receiving Meaningful Use funds? All the while their IT costs remain the same. This inevitably creates a negative value gap for customers.
Over time, the gap between the traditional on-premise application and the facility requirements grow. Meaning, as time goes on, the customer receives less and less value from their EHR investment. This is why applications get replaced because they no longer meet your needs. iCare has helped to solve this issue by offering a fully configurable application, delivered as a Software as a Service (SaaS) application. No time lost, no money spent on maintenance or security and best of all, no programming required. Configurations are unbreakable because changes are not made to the code base. That means that changes won’t affect upgrades or support either.
The Enterprise Cloud EHR from iCare is an enterprise-class, Internet-optimized Electronic Health Record platform that’s changing the rules of mission-critical infrastructure. This powerful cloud platform provides fully integrated EHR technology at a fraction of the price of installed traditional software. Current enterprise-class EHR systems are built on outdated architectures, which require a large allocation of resources, for implementation, customization development and daily operations. With iCare, you will focus on patient care, not software.
When you subscribe to iCare, you avoid the overhead associated with implementing conventional software. A typical software implementation involves purchasing and maintaining servers, housing them securely, and installing and maintaining the software. This requires the time and effort of experienced IT personnel and deflects the efforts of employees at a number of levels away from the core mission of your organization. Focus on patient care, not software with iCare and utilize IT budgets on competitive advantage rather than infrastructure.
Why move to the cloud?
It is evident that cloud-based software is here to stay. Computer application usage is becoming a utility, similar to electricity and with computer networks having finally caught-up with computer processors, it’s easier and cheaper than ever to securely move systems to the cloud without sacrificing speed or functionality. So why is the Healthcare sector, taking the opposite approach? Hospitals are spending hundreds of millions of dollars to “upgrade” IT infrastructure in order to cash-in on government incentives and insure full Medicare and Medicaid reimbursements. But, are they really upgrading?
The answer is a resounding, NO. Overspending on 30 year-old architecture and deploying with an installed model where the hospital maintains its own hardware and software is something that corporate America is simply not doing much of anymore. One could argue, by going from paper-based processes to electronic records this is an upgrade. And that is true. However, until the emergence of iCare, hospitals have had nowhere to turn.
Subscription costs for iCare reflect the economies of scale achieved by “multitenancy.” Multi-tenancy means that many customers run their applications on the same unit of software. This makes the overall system scalable at a far lower cost.
When you subscribe to a iCare, you pay a monthly or annual subscription fee. Compared to a traditional software license, this subscription payment structure works to your advantage. An on-going monthly expense is easier to incorporate into your budget than a large one-time outlay.
Because you eliminate many of the typical implementation tasks associated with licensed software and because the software is already up and running on the within the iCare data center, deployment time tends to be much shorter with a SaaS application than a traditional one.
With traditional licensed software, you typically have to wait for the next release to benefit from the latest innovations or to move your organization to a new browser or operating system. Given the cost and complexity of moving to a new version, it may not even be practical to upgrade each time a new release becomes available.
With a SaaS subscription, on the other hand, you benefit from innovations on an on-going basis. As soon as a new or improved feature appears in the application, you can begin using it.