PlainsCapital Improves Customer Experience by Deploying Q2 Software’s Electronic Banking Platform

July 28th, 2011 by Bank Loan | No Comments | Filed in Bank

Austin, TX (PRWEB) November 13, 2008

— Q2 Software, Inc., a progressive financial services technology company, today announced that PlainsCapital Bank, one of the largest privately held banks in Texas with $ 3.4 billion in assets, has successfully launched Q2′s electronic banking platform to its growing online banking community.

In addition to the obvious requirement for a best-in-class solution, PlainsCapital Bank envisioned a new role for eCommerce as its own channel to the customer. The primary goal was to expand the online experience beyond a transactional medium to one that serves “banking communities” with other value added benefits. In order to achieve this aspiration, a flexible architecture was essential in integrating a number of their current technologies.

“We wanted to provide our customers with a superior online experience and Q2′s Electronic Banking platform offered the most comprehensive and cost effective solution available in the market-place,” said Pete Villarreal, EVP of Operations. “In our evaluation, we looked for a solution with a user-friendly front-end and a modern architecture that could serve all of our front office needs including the web channel, the voice channel and the mobile channel. Also, Q2′s vendor integration framework allowed us to tie many of our existing customer-facing applications into a single comprehensive view for our users, improving their overall experience with our bank.”

Hank Seale, CEO and founder of Q2 Software says, “Banks today must consistently seek new ways to drive down costs and expand their online banking services to their valued customers.” Q2 has created a seamless and powerful integration between the online and voice channels that will provide PlainsCapital Bank a significant advantage in user convenience and accessibility.” Seale continues, “By implementing our platform, PlainsCapital Bank now provides next generation technology through all of their electronic delivery channels.”????

About Q2 Software, Inc.

Q2 Software, Inc. is a privately-owned and bank-owned technology company enabling financial institutions with Electronic Banking software and services. Focused on driving innovative technology and delivering unmatched customer service, Q2′s Electronic Banking solution operates on a Microsoft.Net?-based platform that offers flexible deployment options for Online, Mobile and Voice banking applications. Unique “on demand” feature access within a single application enable Q2′s financial institutions to configure products and services to meet the unique requirements of both retail and commercial customers. Additionally, an open “Vendor Integration Framework” allows for the integration of critical third party customer-facing applications for a complete electronic banking experience.

Q2 Software, Inc. is a CBG Holdings Company. To learn more about Q2, visit their website at http://www.Q2software.com

About PlainsCapital Corporation

Independent financial services company PlainsCapital Corporation offers banking, asset management and residential mortgages to high net worth individuals and commercial customers. The company’s cornerstone is PlainsCapital Bank, the second-largest privately held bank in Texas with more than $ 3.4 billion in assets. PlainsCapital’s 1,800 employees are empowered to deliver highly personalized solutions to ensure their clients’ financial success. Find more information at http://www.PlainsCapital.com.

###





Tags: , , , , , , , , ,

Citizens First National Bank Utilizes Cutting Edge Mobile Technology with Q2 Software’s Electronic Banking Platform

July 2nd, 2011 by Bank Loan | No Comments | Filed in Bank

Austin, TX (PRWEB) April 1, 2009

Q2 Software, Inc., a progressive financial services technology company, announces that Citizens First National Bank with $ 1.2 billion assets has successfully launched Q2′s electronic banking solutions. Citizens is currently utilizing both Q2 Online and Mobile banking and will soon go live with Q2 Voice banking as well to provide their banking community an improved and consistent experience.

Citizens was eager to position themselves as a progressive bank in their market by offering their customers a robust mobile banking experience that is tightly integrated with the Online and Voice Banking channels. “Staying on the cutting edge of technology by offering an integrated electronic banking solution has enabled our customers to interact with our bank by whichever channel is most convenient to them” said Paula Lough, Vice President and Deposit Operations Manager.

“Community banks are continually searching for opportunities to set themselves apart and compete more effectively with the large money-center banks, we are excited to give Citizens the ability to do this with our technology,” said Matt Flake, President of Q2 software.

Lough continued to say, “We are proud of our relationship with Q2 Software, a vendor that delivers on a strong product roadmap while also providing outstanding customer service to the banks it serves. We feel fortunate to have found a vendor who shares our commitment to exceeding customer’s expectations with both service and innovative products. We are confident this winning combination will allow us to continue to make our customer’s future our vision.”

About Q2

Q2 Software, Inc. a CBG Holdings Company is a privately-owned and customer-owned technology company enabling financial institutions with electronic banking software and services. Focused on driving innovative technology and delivering unmatched customer service, the Q2 solution operates on a Microsoft.Net?-based platform that offers flexible deployment options for online, voice, and mobile banking applications. To learn more visit http://www.Q2software.com.

About Citizens First National Bank

Citizens First National Bank is a $ 1.2 billion assets community bank with strategic locations in 8 counties in northern Illinois. Founded in 1865, Citizens has a reputation for consistently providing customers with the highest caliber of service uniquely tailored to meet their banking needs. Citizens currently offers a complete range of investment, commercial and retail banking products and services. To learn more visit http://www.citizens1st.com.

###





Tags: , , , , , , , , , , , ,

Electronic Banking, Online Banking and Internet Banking

June 23rd, 2011 by Bank Loan | No Comments | Filed in Bank

Electronic Banking, Online Banking and Internet Banking

Article by Bwalya Mwaba

Electronic banking or Electronic Fund Transfer or EFT) uses computer and electronic technology as a substitute for checks and other paper transactions. It involves many different types of transactions. You can access your money through an automated teller machine (ATMs), the internet (Internet and Online Banking), the telephone (Pay-By-Phone) or Direct Deposit of paychecks into checking or savings accounts.

With internet banking you can perform transactions over the internet through a secure bank website. Electronic banking is very useful for banking outside bank hours and for banking from anywhere where internet access is available.

Electronic Fund Transfers (ETF’s) are usually initiated through devices like debit cards or codes that let you access your account in a secure way. Many financial institutions such as banks and credit unions use ATM or debit cards and Personal Identification Numbers (PINs) for this purpose. Some financial institutions use other forms of debit cards such as those that require a signature or a scan.

Electronic Fund Transfers (ETF’s) offer various services to consumers.

1. Online Banking (Internet Banking or Personal Computer Banking) Lets you handle many banking transactions using your personal computer. With internet access and a computer, you can view your account balance, request transfers between accounts, and pay bills electronically over the internet. Online banking also offers such features as electronic bill payment and access to downloadable bank statements which can be imported in a personal finance program.

2. ATM’s or Automated Teller Machines (24-hour Tellers)These are electronic terminals that let you bank almost any time. You can use them to withdraw cash, make deposits, or transfer funds between accounts by inserting an ATM card and entering your PIN. Some financial institutions and ATM owners charge a fee for this service but they are required to tell you they charge a fee and its amount before you complete the transaction.

3. Direct Deposit Facility & Direct withdrawalsDirect Deposit lets you authorize specific deposits, such as paychecks and Social Security checks, to your account on a regular basis. You can also pre-authorize direct withdrawals so that recurring bills, such as personal loans, insurance premiums, mortgages, and utility bills, rent, and so on are paid automatically.

4. Pay-By-PhoneThis allows you to call your bank or credit union with instructions to pay a bill or to transfer funds between different accounts. To make such transfers, you must have an agreement with the institution.

6. Point-of-Sale TransfersLets you pay for purchases with a debit card or an ATM card. A debit card purchase transfers money from your bank account to the store’s account.

7. Electronic Check Conversion This system converts a paper check into an electronic payment at the point of sale or elsewhere.

Electronic banking services differ between different banks, credit unions and other financial institutions. If you decide that you want to use electronic banking then you should shop around for the most suitable package that meets your needs.

Bwalya Mwaba writes for the Credit Unions Guide website athttp://www.creditunionsguide.org/ and also contributes articles and content athttp://www.home-loans-guide.org.uk/ regularly for the Home Loans Guide Website.

Tags: , , ,

Ekoke.com – An electronic marketplace for the translation and localization industry

May 26th, 2011 by Bank Loan | No Comments | Filed in Forex

Ekoke.com – An electronic marketplace for the translation and localization industry











(PRWEB) November 15, 2003

Ekoke.com is a software that brings professionals from the translation market together and helps them to form associations easily and quickly.

In order to offer services at the global level, Ekoke.com is fully localized into Spanish and English. System users can utilize all of the services by reading and communicating with one another in either of these two languages. We plan to have the site localized into more languages in the future, including Asian languages.

Registration is free and during its promotional stage, Ekoke.com offers its services free of charge to both translation agencies and industry professionals.

In this initial phase of the system, services are oriented to translation agencies and professionals. The following is a brief description of the solutions provided:

Solutions for translation agencies:

>>> Search of industry professionals

This service allows agencies to find language professionals registered in the system using diverse criteria such as: source language, target language, country of residence, field of expertise, required services and required tools. Search results can also be filtered to find professionals who are certified in the language pair or who are native speakers of the target language.

>>> Search management

We are aware that finding professionals for a given project or job position is not a step, but a process. Thus Ekoke.com has developed tools to streamline this process and help translation agencies find their candidates more efficiently. These tools allow them to define a search with filters, and to pre-select and select professionals from the search results. The search can be saved for future reference and executed as many times as needed to check out the profiles of new, recently registered professionals.

>>> Bid requests

With this solution, translation agencies can post their project specifications and receive electronic bids from those professionals that initially meet the requirements set by the translation agency. This solution also includes a request for information in which the agency can attach a list of questions for bidders to answer, and sample texts to be translated.

>>> Bid management

Every bid received can be managed with the bid management module. A series of tools have been developed to filter bids according to quality control criteria. In addition, the translation agency can easily decline or pre-select bids, thus streamlining the process of choosing a successful bidder.

>>> Total or partial project assignment

This service allows translation agencies to control the volume of the project that will be assigned to the successful bidders. Thus, the agency can analyze different cost, quality and background variables and set up teams of pros according to the results of the bidding process and the requirements of the project.

>>> Financial information

During the pre-selection process or once the project is assigned, the translation agency can view financial information about the project. The financial information report displays the total amount to be paid to each successful bidder in their original currency, the total cost of the project and totals grouped by language pair and services.

>>> Currency conversion

Ekoke.com is a multicurrency system in which every user selects his/her preferred currency to read quotes and figures. Currency conversion is done automatically by the system. To date, Ekoke.com converts currencies from and to 31 different currencies. Exchange rates are updated on a daily basis.

>>> User management

This solution allows a translation agency to group several users. The agency is registered just once, and its entire staff is automatically associated. This approach allows the translation agency to centralize activities: the agency can manage regular reports and agency activities, for instance, by checking all projects posted by the agency.

Solutions for professionals:

>>> Automatic notice of bid requests

Each time a translation agency posts a bid request, pros that match the language pairs of the project are informed via email and invited to place a bid.

>>> Project bidding

All registered professionals can place a bid by completing a bid request form.

>>> Bid management

Pros can check and review their bids, see the details of the bids and projects assigned to them, and view the details of projects still open that have not yet been assigned.

>>> Financial information

The system offers financial information to each professional that has been assigned to a project. The report informs the amount to be collected based on the bid, the length of the project and the percentage assigned by translation agency.

>>> Currency conversion

Ekoke.com is a multicurrency system in which every user selects his/her preferred currency to read quotes and figures. Currency conversion is done automatically by the system. To date, Ekoke.com converts 31 different currencies. Exchange rates are updated on a daily basis.

>>> Contact management

With this option, professionals can check all contact requests they have received from other users (translations agencies, professionals or non-registered users). The request includes the reason that they are being contacted, and the e-mail of the sender.

>>> Profile management

Instead of allowing pros to upload a file of their resume, Ekoke.com structures this information within a profile. Thus, professionals can write an introduction, upload their personal photo, and detail the language pairs they work with, their native languages, fields of expertise, services, rates, credentials, affiliations, job experience, industry tools, software & hardware, academic record, and their availability within the next four months. All information is structured and displayed in a convenient, easy-to-read format.

>>> Electronic recommendation request

With this service, professionals can ask a third party to write a digital recommendation about them. Once the recommendation is written and accepted by the pro, it becomes part of the profile along with his/her background information.

The management team of Ekoke.com is strongly committed to developing software and services oriented to streamlining the processes of e-Procurement for both translation agencies and language professionals.

For further information about the services provided by Ekoke.com, please contact Luciano Degreèf at (+5411) 4372 5013 or send him an e-mail at ldegreef@ekoke.com.

###


















Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Tags: , , , , , ,

Regions Bank Goes Live as First Customer for Wall Street Systems’ Electronic Settlement Network

May 11th, 2011 by Bank Loan | No Comments | Filed in Bank

Regions Bank Goes Live as First Customer for Wall Street Systems’ Electronic Settlement Network










New York and London (PRWEB) September 4, 2009

Regions Bank, a member of the S&P 100 Index with $ 143 billion in assets, is one of the largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services in the US. Wallstreet ESN will create processing efficiencies within Regions Bank’s back-office operations, improve straight through processing, and provide its corporate and asset management customers with an improved overall experience.

Brian Anderson, Product Manager – Wallstreet ESN, said: “Regions Bank’s successful implementation of Wallstreet ESN signals an important change within the FX and Cash markets. We are thrilled that Regions Bank is using Wallstreet to outsource its trade processing system, improve productivity, reduce costs and better serve its customers. Our project with Regions Bank confirms our judgment to invest in this part of the market, and we look forward to future successes.”

The solution was delivered in exactly 5 months highlighting the benefit and ease of deployment of the new hosted system.

Editors Notes

Wallstreet ESN is an outsourced processing hub for financial institutions, which eliminates the need for large investments in IT infrastructure, upfront software license fees and ongoing operating costs. Wallstreet ESN provides collective processing capacity for its members with associated economies of scale, introducing a transaction based model for processing FX,

Cash and OTC derivatives.

Wallstreet ESN delivers a seamless best of breed solution to reduce trading costs, offering banks the powerful combination of trade execution services with an extensive, secure and robust trade processing solution.

Wallstreet ESN is based on a proven trade processing and settlement platform from Wall Street Systems. Its award winning e-commerce portal allows bank clients to access their post trade information via the web. Wallstreet ESN addresses the growing need for banks to increase margins through greater operational efficiency.

About Wallstreet

Wall Street Systems (Wallstreet) provides functionally rich, integrated and scalable solutions for improved workflow, control and overall productivity for corporate treasury, central banking, FX trading and global back office operations. Wallstreet is the market leader in FX trade processing and through its award-winning products, including Wallstreet Suite, Wallstreet Treasury, Wallstreet FX and Wallstreet BackOffice, the company processes millions of transactions, aggregating to trillions of dollars, every day.

With a 20 year heritage, Wallstreet has an outstanding reputation for quality and responsive service, and prides itself on helping its clients achieve long lasting benefits and results. Its 500 employees service over 300 banking, corporate and central bank clients, operating out of 12 offices worldwide. The company is a privately held corporation, and is majority owned by Warburg Pincus, a global private equity investor. For more information, please visit http://www.wallstreetsystems.com.

# # #





















Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Tags: , , , , , , , , , , ,

Silanis to Host a Live Webcast On How To Integrated Electronic Signatures with Lending Systems

October 1st, 2010 by Bank Loan | No Comments | Filed in Loans



Montreal, QC (PRWEB) August 16, 2010

Silanis Technology, the leading provider of Electronic Signature Process Management solutions, today announced that it will host a free educational Webcast to share best practices for integrating electronic signatures with lending systems. The Webcast, scheduled for August 24, 2010 at 2:00 pm EST, will feature examples of real-world e-signature implementations in lending, as well as a demonstration of electronic signing for online retail credit applications.

“Despite efforts over the past decades to streamline lending processes, banks still rely on paper for the execution of customer-facing, business transactions, such as credit card, mortgage and other types of loan applications,” said Tommy Petrogianis, CEO and co-founder of Silanis Technology. “Electronic signatures enable lenders to eliminate paper once and for all, along with all of the errors, costs and risks caused by manual processing.”

Lenders looking to bring new business applications online need to consider several technologies in order to successfully achieve straight-through processing. Electronic Signature Process Management together with electronic applications, document generation and loan origination systems are just a few pieces of a total solution that need to work together seamlessly to avoid inefficient manual gaps in processes.

In this free Webcast, two senior technical representatives from Silanis will discuss the role of e-signatures in lending e-commerce initiatives, and explain how the technology can integrate with existing and evolving infrastructures. Viewers will see a demonstration of electronic signing for online retail credit applications, and hear answers to some of the most common questions related to electronic signature integration, including:

What systems need to be in place to leverage electronic signatures?
How should electronic documents be prepared for e-signing?
How can common implementation challenges be avoided?
What are the integration points of an electronic signature solution?Click here to register for the free Webcast.

About Silanis

Silanis Technology Inc. is the leading provider of Electronic Signature Process Management solutions. The world’s largest insurance and financial services companies, major government agencies, integrators and service providers depend on Silanis to accelerate business transactions and reduce costs while improving compliance with legal and regulatory requirements. The company’s electronic signature platform, ApproveIt®, is an enterprise-class e-signature process management solution that transforms paper-based business transactions to all-electronic, Web-based processes for e-commerce and e-government. Visit us on the Web at silanis.com.

###





Related Online Loans Press Releases

Tags: , , , , , , , , ,

Non-Profit Credit Counseling Agency uses Electronic Signatures to Speed Services

September 30th, 2010 by Bank Loan | No Comments | Filed in Loans

This clip comes from Aaron Russo’s film, America: Freedom to Fascism. You can watch the film online @ video.google.com Please learn the truth behind the income tax: it was created with the Federal Reserve Act in 1913 – its purpose being to fund the government to pay the interest incurred on government loans from the (private) Federal Reserve. In other words, the income tax is paid to central bankers, and have no gains to you whatsoever. Learn about how international bankers (such as the Rothschild’s and Rockefeller’s) have come to dominate the world through the control of financial systems, via their ownership of central banking institutions. But that’s only the beginning… We have become their slaves, and they desire to form a world-government that will control us all under their supreme authority. And knowing the truth is the only thing that can set us free. MARCH ON WASHINGTON! April 15th, 2008 PROTEST THE INCOME TAX AT YOUR LOCAL POST OFFICE! So long as there is a central bank, you will never be free or prosperous.

Baltimore, MD (PRWEB) August 24, 2010

eOriginal, Inc., a pioneer and industry leader in electronic signatures, vaulted repository and electronic transactions was selected by Consumer Credit Counseling Service (CCCS) Of Rochester, a national non-profit organization providing confidential debt counseling to individuals and families dealing with financial difficulties, for the service enhancement.

CCCS needed an integrated solution that could automate the delivery and electronic signature capture of four different agreements based on the services provided by CCCS and the number of signers, and provide for electronic delivery of a consumer handbook to their clients at the completion of each agreement.

“Processing client agreements through eOriginal SmartSign Web® has definitely streamlined our processes,” said Lisa Hochlander Director of Counseling for CCCS of Rochester. “eOriginal’s signature template capabilities allows us to quickly send, sign, and manage our client’s agreements.”

“This was a natural play for SmartSign® and one that we were gratified to see roll out and support such a needed service to the greater Rochester community,” said Jim Tebay Vice President of Business Development for eOriginal.

About CCCS of Rochester

CCCS of Rochester, Inc. dba RethinkingDebt.org is a leading provider of credit counseling, housing counseling, financial education and debt repayment plans. We are a non-profit 501(3)-community service organization that is accredited by The Council on Accreditation for Children and Family Services. Consumer Credit Counseling Service (CCCS) of Rochester is a member of the National Foundation for Credit Counseling (NFCC), is licensed by the New York State Department of Banking, and CCCS is a member in good standing with the Better Business Bureau.    

About eOriginal

eOriginal provides advanced electronic signature, vaulting and electronic transaction solutions that are tamper-sealed, auditable and legally enforceable. eOriginal SmartSign® enables compliance with the eSignature requirements of the ESIGN Act, UETA and the UCC. eOriginal has provided secure, verifiable execution, delivery and management of commercial loans, leases and other financial industry documentation for fifteen years. eOriginal customers, including top-tier financial institutions, have processed over 20 million electronic signatures without a single system error or legal challenge.

To learn how eOriginal can streamline your business processes, visit www.eoriginal.com or call (888) 224-6404. Subscribe to the eOriginal blog http://www.eoriginal.com/blog/ or follow eOriginal on Twitter @eOriginal http://twitter.com/eOriginal.

###



More Online Loans Press Releases

Tags: , , , , , , , , , , , ,

WatchDox Survey of 500 IT Professionals and C-level Executives Highlights Pressing Need for Secure, Electronic Document Exchange Solutions

September 27th, 2010 by Bank Loan | No Comments | Filed in News


Mountain View, Calif. (PRWEB) September 27, 2010

Confidela, the maker of WatchDox, a document control, tracking and protection solution, today announced survey results based on responses from more than 500 IT professionals and C-level executives. As the need to share and collaborate increases and serious incidents of data leakage are on the rise, and the research helps professionals understand the limitations of current market solutions and determine a greener, more secure way to share documents.

The WatchDox survey indicates that document security is a top issue of concern for organizations, but the actions they take to protect and share documents are mostly flawed or incomplete.

WatchDox surveyed these C-level executives and IT professionals within enterprise-wide pharmaceutical, insurance, healthcare, semiconductor, software and IT organizations. According to the survey:


    Sixty-five percent share sensitive data; more than 50 percent do so on a regular basis.
    Ninety-six percent are concerned or extremely concerned about this data getting into the wrong hands.
    One in three admitted to having at least one incident when data had leaked. About one in four does not know of any links, or is unwilling to say.
    Eighty-five percent of leaks are not from malicious intent.
    Eighty-three percent ranked document and intellectual property security as very important, ahead of anti-virus and network security.
    Only 12 percent are using a Data Loss Prevention (DLP) or Digital Rights Management(DRM) system.

Those surveyed also reported that because their organizations have yet to invest in truly secure, digital document sharing, they are hesitant to embrace otherwise highly valued cost-cutting and green initiatives. Several professionals stated that while online document distribution could easily replace resource-intensive mail shipments, such as faster, greener delivery solutions make it all too easy for document recipients to forward materials to unauthorized parties, print or duplicate them. WatchDox is helping organizations go green while simultaneously plugging security gaps with the most protected document exchange solution, providing a way for professionals to share sensitive material electronically with complete control over who views, shares or prints the documents.

“This research is further confirmation that secure document management and exchange is truly a concern and priority for organizations,” said Moti Rafalin, CEO and founder of Confidela. “Our WatchDox service solves this concern by leveraging the latest technologies, such as cloud computing and SaaS, as well as new authentication techniques, delivering almost seamless protection, control and tracking for documents, wherever they go. By using WatchDox, customers are able to go green, save money and become more efficient, while knowing their documents and intellectual property are safe.”

Additionally, WatchDox has released a calendar summarizing 2010’s top information leakage incidents to date. To view it, please visit www.watchdox.com/m/LeakCalendar2010.pdf.

WatchDox Resources:

    WatchDox products: http://www.watchdox.com/products
    WatchDox Virtual Data Room information: http://www.watchdox.com/watchdox-virtual-data-room
    WatchDox industry-specific solutions: http://www.watchdox.com/solutions

About Confidela    

Confidela provides the easiest way to share and collaborate on sensitive documents with customers, partners or suppliers. Confidela’s flagship product, WatchDox®, is a software-as-a-service (SaaS) solution that allows companies to maintain full control and tracking over documents – wherever they go. The company’s WatchDox Virtual Data Room service facilitates mergers and acquisitions (M&A), licensing and other transactions with unprecedented security and ease of use. Privately held, Confidela is venture capital backed by Gemini Israel Funds and Shlomo Kramer (co-founder of Check Point and Imperva). Confidela is headquartered in Mountain View, California, with offices in Tel Aviv, Israel. For more information, please visit www.watchdox.com.

# # #





Tags: , , , , , , , , , , , , , , ,

Applied Management Systems To Help Speed Adoption of Electronic Health Records in Massachusetts

September 27th, 2010 by Bank Loan | No Comments | Filed in News


Burlington, MA (PRWEB) September 20, 2010

Applied Management Systems, Inc. (AMS) is pleased to announce it has been selected by the Massachusetts eHealth Institute (MeHI) Regional Extension Center as a Certified Implementation and Optimization Organization (CIOO). AMS will compete to offer federally subsidized consulting services targeted at small primary care physician practices helping to speed the adoption and implementation of electronic health records (EHRs) and meet meaningful use standards to obtain incentive payments.

According to AMS President Alan J. Goldberg, 36 organizations applied to be selected as IOOs. AMS was one of 18 organizations selected via a comprehensive selection process to the approved vendor list.

Said Goldberg, “We are very excited to have been one of the firms selected to assist physicians achieve ‘meaningful use’ of EHR. As an independent firm that works all over the state and the islands, we are uniquely qualified to work with docs anywhere. We have been working with physicians and hospitals here since 1967. And we have staff who live all over the state, within a 45 minute drive of any doc, even the Berkshires.”

As an approved IOO consultant AMS will be eligible, for up to 5 years, to serve primary care physicians in Massachusetts in groups of 10 or less as well as sole primary care physicians.

“We are pleased to have AMS join our select list of certified health IT companies that will help thousands of health care providers across Massachusetts successfully transition to electronic health records,” said Rick Shoup, Ph.D., Director of the Massachusetts e-Health Institute. “Widespread deployment of electronic health records leads to better quality care for patients, reduces health care costs and spurs new jobs in the health care industry.”

The Massachusetts e-Health Institute (MeHI) (http://www.maehi.org), a division of the Massachusetts Technology Collaborative, is the state-designated entity for health care innovation, technology and competitiveness.

Established by Governor Patrick and the Massachusetts Legislature in Chapter 305 of the Acts of 2008, MeHI is responsible for advancing the dissemination of health information across the Commonwealth, including the deployment of EHR systems in all healthcare provider settings that are networked through a statewide HIE.

In addition to the approved IOOs, MeHI has also established a financing program through Webster Bank to fund provider EHR installation, implementation and training.

Applied Management Systems, Inc. (AMS) (http://aboutams.com) is a full-service health care management consulting firm serving health care institutions nationwide.

###





Related Finance Press Releases

Tags: , , , , , , , , ,