MOUNT LAUREL, New Jersey, October 28, 2015 /PRNewswire/ --
Hallmark Health Care Solutions, LLC and ECG Management Consultants are pleased to announce the release of Heisenberg II, a cloud-based solution that enables health systems and physician groups to more efficiently develop, manage and evaluate their physician compensation plans.
Neeraj Isaac, Chief Technology Officer at Hallmark Health Care Solutions, said that currently, most healthcare systems operate compensation plans on disconnected systems and manual processes. This, she added, results in significant challenges with developing and administering market-competitive and legally compliant compensation strategies.
"Keeping this in mind, we designed Heisenberg II an integrated, cloud-based technology solution that allows a truly seamless process for assimilating physician compensation data, calculating compensation and thereby significantly reducing the time that is required to manage the compensation plan," she said. The Heisenberg II software solution is delivered as a SaaS model.
Isaac added, "Heisenberg II quickly becomes the 'system of truth,' as it's a pioneering product in the market with the ability to integrate compensation management, adjudication and benchmarking."
Heisenberg II is the first technology developed through a strategic alliance between Hallmark and ECG, a national consulting firm working exclusively with healthcare providers. Combining ECG's advisory services and Hallmark's technology solutions, the alliance will provide joint go-to-market strategies for both companies, all while leveraging best practices, benchmarks and industry standards.
"We are excited to work with ECG and to have jointly developed a client-centric, value-based solution that allows healthcare organizations to focus on what they do best," says Dave Butcher, Director of Business Development at HHS.
Heisenberg II's robust infrastructure efficiently facilitates contract management, compensation plan development and revision, physician payment adjudication, market rate identification and collection of productivity and quality - related performance data.
"We look forward to expanding the current platforms features and with ECG, continuing to assist transformational change in the physician compensation and management space," says Butcher.
Heisenberg II is already achieving results for organizations. For more information about Heisenberg II and to schedule a demonstration, visit http://www.heisenbergii.com.
Hallmark Health Care Solutions is a global healthcare solution and information technology firm with offices located in New Jersey, New York, Michigan and India. Hallmark offers a unique approach inclusive of both strategy and technology to achieve the desired outcome. The technology component positions organizations to use real-time data for improved decision making with regard to leveraging human capital. Over the years, Hallmark has helped organizations optimize and save millions in labor expenses, improve their efficiency and achieve fiscal responsibility through best-in-class software and strategic workforce solutions.
ECG is a strategic consulting firm that is leading healthcare forward, using the knowledge and expertise built over the course of four decades to help clients see clearly where healthcare is going and to navigate toward success. We work as trusted, professional partners with hospitals, health systems, medical groups and academic medical centers across the country. We thrive on delivering smart counsel and pragmatic solutions to the critical challenges facing healthcare providers. Client success is our primary objective. ECG's national presence includes offices in Boston, Chicago, Dallas, San Diego, San Francisco, Seattle, St. Louis and Washington, D.C.
Hallmark Health Care Solutions, Inc.
SOURCE Hallmark Healthcare Solutions