OmniMD is a subsidiary of Integrated Systems Management, Inc. (ISM) is a US-based software development and consulting firm in business for 24 years. OmniMD has more than 12,000 physicians using our Electronic Medical Records, Practice Management, Medical Billing, Health Information Exchange (HIE) and Accountable Care Solutions.
BusinessInterviews.com: Can you share how OmniMD helps physician practices and healthcare organizations improve their operations both clinically and financially?
Divan: OmniMD takes futuristic approach and helps practices operate better clinical and financial analytics in a more efficient, accurate, and scalable manner. OmniMD aims to transform healthcare businesses proficient rather than just offering data collection tools. OmniMD products use an accelerated ontology platform with data capture in under 30 seconds. By using OmniMD, physicians can run their practices in forward with various types of analytical tools available in OmniMD.
BusinessInterviews.com: Why do you think that the current state dissatisfaction rate is so high when it comes to EHR software?
Divan: About 70% of Providers Dissatisfied With their existing EHR Systems due to various reasons. One of the biggest reasons for dissatisfaction among providers is poor system functionality with lack of specialty specific workflows. Lack of comprehensive and flexible granular level data capturing tools for better clinical and financial analytics is also one of the reasons why providers are not satisfied with their EHR. Also, a reason for frustration among providers is their EHR system’s inability to meet meaningful use Stage 2 certification requirements.
BusinessInterviews.com: How do you think that a positive company culture influences the bottom line?
Divan: A Positive Company Culture lays the foundations for a Positive Work Culture. Company influence the ways in which people behave towards each other, and if the behavior is based on commitment, trust and engagement, employees respond by feeling psychologically well and working at their peak level of performance. Also, employee engagement is a crucial part of positive company culture. Company’s investment in training and development of it’s employees also has a major impact on culture. If employees are supported to try to achieve their potential, it leads to influence the bottom line.
BusinessInterviews.com: What’s the biggest risk that you’ve ever taken and how did it turn out?
Divan: The biggest risk I have ever taken in my life is coming to the US with just $18 in pocket and starting my journey from there. It turned out excellent as I have been in the US since 1984 and I feel that I couldn’t make any better choice than it.
BusinessInterviews.com: Can you expand on how the growing reform will influence the direction of where you’re headed from a technology standpoint?
Divan: Quality and care-coordination efforts have been helped by the growing adoption of electronic health records, spurred by nearly $17 billion in Medicare incentive payments to hospitals and physicians. We expect this evolution to continue, resulting in more options that provide physician practices with more affordable and scalable solutions. Also, the cost of maintaining a data center will increasingly outweigh its benefits as cloud-based solutions become more practical for small and medium-sized practices. By using advanced EHR systems like OmniMD, physicians can run their practices in advance with various types of analytical tools available. OmniMD is focusing on offering more comprehensive and flexible granular level data capturing tools that captures the encounter information faster, which leads to accurate billing that matches CMS guidelines.
BusinessInterviews.com: What are some trends in the health IT industry that you’re excited about?
Divan: Typically, it’s been the larger practices that have led the bunch for implementing EHRs. But the trend is changing as medical practices with one or two physicians are the fastest-growing segment for adoption of electronic health records. Solo practices account for 55% of the medical sites in the U.S. Hence, the market size for small practices is considerably larger. We have more aggressive promotion plans to the small-office market.
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