Amisys Synertech Receives Business Development Strategy Award from Frost & Sullivan.ROCKVILLE, Md. -- Recognized for Excellence in Meeting Customer Needs, Identifying New Market Segments and Introducing New Products and Services Amisys Synertech Inc. has received the 2004 Leadership of the Year Award in Business Development Strategy for Health Plan Administration Solutions from Frost & Sullivan, the growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . The award was presented on November 10 at a banquet A banquet is a large public meal or feast, complete with main courses and desserts. It usually serves a purpose, such as a charitable gathering, a ceremony, or a celebration. Sometimes a banquet consists of only desserts, but it is advisable to include main courses as well. ceremony in Naples, Florida Naples is a city in Collier County, Florida, USA. As of 1 July 2006, the U.S. Census Bureau estimated the city's population at 21,804.[3] Naples is the County seat of Collier County, and is a Principal City of the Naples-Marco Island, Florida Metropolitan Statistical . The market leader of advanced software products and world-class outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. and claims processing services for healthcare payers, Amisys Synertech was recognized for its significant presence in the marketplace, its ability to perceive customer needs and develop products and services to meet them, and its success at identifying and taking advantage of new market segments, such as consumer-directed health plans. Being the premier growth consulting company in the world, Frost & Sullivan tracked business development efforts of the major companies in the health plan software and outsourcing industry as part of the evaluation process for the award. The company analyst performed extensive technology and secondary research. Competitors were ranked on several criteria, including market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" , development of new applications for existing products, and increase in customer loyalty. Frost & Sullivan's evaluation found that Amisys Synertech "through a combination of vision, technology and successful marketing, has demonstrated superior market growth skills." Craig Combs, senior vice president of sales and business development for Amisys Synertech, said the award "is a validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of our growth strategy. The improvements we've made in our AMISYS Advance software are enabling health plans to realize the benefits of an enterprise-wide solution that delivers solid return on investment through efficiencies built directly into the core structure. And, we're incorporating additional capabilities into the product, such as medical management and predictive risk modeling. "Our commitment to innovation has also resulted in new products and outsourcing services for the rapidly growing consumer-directed and HSA HSA Health Savings Account (US) HSA Human Serum Albumin HSA Human Services Agency (Nevada) HSA Health Services Agency HSA Health and Safety Authority (Ireland) markets," continued Combs, "and we're integrating best-of-breed, third-party decision-support tools to keep our products on the leading edge of technology." Health plans leverage Amisys Synertech's enterprise-wide payer software applications and complete business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in services to lower costs, improve efficiency and gain competitive advantage. The company has nearly three decades of experience in the healthcare payer industry. About Amisys Synertech, Inc. Amisys Synertech Inc. (www.asihealth.com) advances health plan business through its industry-leading products and services. The company delivers comprehensive, mission-critical information management software products and Web capabilities that meet the needs of nearly every healthcare payer model. Amisys Synertech also provides leading business process outsourcing and application hosting for health plans, supporting a multimillion-member base through its claims processing and consumer-directed services. Amisys Synertech has offices in Rockville, Md., Harrisburg, Pa., Dubuque, Iowa Dubuque is a city in the U.S. State of Iowa, located along the Mississippi River. Its population was estimated at 57,696 in 2006,[3] making it the eighth-largest city in the state. and Alpharetta, Ga. |
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