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Manufacturing News


Issue: June 2002
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d01a.JPG (14348 bytes)Jerry Knight

Advanced computer technology has revolutionized how people do business, even in home health care. Dealer/Provider spoke with Jerry Knight, president and CEO of Fidelis Software, Duluth, Ga, about how his company’s Web-based information technology offers solutions for the HME industry.

Q How does Brightree benefit home health care providers?
A Brightree is a simple solution to one of the biggest problems facing home care providers: the effective management of inventory, billing, receivables, and reporting—leading to greater profitability. Brightree improves workflow and productivity of insurance billing, inventory management, and collections, thereby increasing the company’s profit margin at the same time.

Q How is Brightree different from other systems?
A With our approach to HME management technology, Brightree is accessible anywhere, anytime using a Web browser. There are no license fees, and no hardware to buy or software to install. Minimal training is required, and implementation can be completed in days. Our platform (Microsoft.Net) enables tools for customers and referral sources to access the system, manage day-to-day activity with personalized reports and reminders to individual home pages, and even reorder inventory automatically.

Q How have dealers and providers received the program?
A We are just completing our beta phase. We imagined early on that our business model (application over the Internet) might cause reservation or hesitation, but the response has been the opposite. We believe health care is an ideal environment to do business and share information over the Internet. Many of the customers we have talked to are excited about our Certificate of Medical Necessity (CMN) tool, our Health Insurance Portability and Accountability Act (HIPAA) readiness, and the Virtual Private Network (VPN) we create for multiple branches at no additional expense to our customers.

Q What new technological advancements can our readers expect from Fidelis?
A Microsoft has bet the ranch on .Net, and we will be exploiting technology (much of which is already available in other industries) to add a level of sophistication to our industry. We are not challenged with data synchronization like our competitors, so remote and handheld devices will be a big part of our future. We are excited to bring Brightree to the industry at this time without the baggage of legacy products.

Q Will Internet-driven technology solutions for business management become necessary for dealers and providers?
A We refer to our customer relationship as a Business Solutions Partner (BSP). If Brightree is regarded only as a software vendor, then we have failed. Technology provides the only hope of providing real-time information to make decisions that enhance customer service and loyalty as well as assist owners in managing their assets on a daily basis.


Oops! Tyco Says Breaking Up the Company Was a Mistake
Tyco International Inc, Pembroke, Bermuda, has abandoned its plan to divide into four separate businesses, saying that strategy was a mistake.

To raise the value of Tyco stock, in January, the company released plans to separate into four independent, public companies in security and electronics, health care, fire protection and flow control, and financial services. But news of the breakup came at the same time as lower earnings expectations and negative performance in the electronics and telecom industries, and the market did not react well to Tyco’s decision.

Since the announcement, the company has lost more than $70 billion in shareholder value. Beginning in October 2000, Tyco has eliminated nearly 30,000 jobs and closed or condensed more than 950 facilities. Tyco’s net debt is currently $23.3 billion, and its ratio of gross debt to total capital is 45.1%, below its debt covenant threshold of 52.5%, according to Mark Swartz, Tyco’s chief financial officer.

In a letter to shareholders, L. Dennis Kozlowski, Tyco’s chairman and chief executive officer, wrote, “We know we have some work to do if we are to regain your trust and confidence. Our watchwords for the future are performance, communication, and execution.”

Easter Seals Honors Invacare
d01a.JPG (14348 bytes)Celebrating Invacare's contribution to Easter Seals were (from left, back row) Susan Elder, Sam Howard, James E. Williams, Jr, (front row) Bridget Houlihan, Dan Giuliano, Beverly Jones, and Rick Cooper.

Easter Seals recognized a recent contribution of Invacare Corp, Elyria, Ohio, at the charity’s annual corporate partner appreciation gala dinner in Las Vegas on May 4. Since 1994, Invacare-sponsored Invacare Days, wheelchair sports clinics at Easter Seals locations nationwide, have collected product donations and hosted special events totaling more than $1 million in resources. This year, Invacare gave new wheelchairs to former Easter Seals National Representatives Bridget Houlihan, Dan Giuliano, and Beverly Jones.


In Brief
d01a.JPG (14348 bytes)Brett Larsen

Altimate Medical Inc (AMI), Morton, Minn, promoted Brett Larsen to regional sales manager for its EasyStand and Ovation products. Larsen will monitor AMI’s demonstration unit accounts and work with the company’s sales representatives to educate dealers, rehabilitation facilities, and schools on how to incorporate standing into therapy.
Respironics Inc saw record profits in its second quarter thanks to the growth of its sleep therapy products and home oxygen systems. Respironics posted a net income of $11.3 million, a 21% increase over the $9.3 million recorded last year. The company also moved its corporate services to a new facility in Murrysville, Pa.
Roscoe Medical Inc, Strongsville, Ohio, hired Bonnie McKenney as a customer service representative.
Drive Medical Design & Manufacturing, a division of Medical Depot, opened a Southeast distribution center outside of Atlanta. The new facility will enable the company to reduce delivery times for its line of DME, including hospital beds, wheelchairs, walking assist products, bathroom safety, patient room equipment, and respiratory products.
The Uplift StumpRest™ from Uplift Technologies Inc, Halifax, Nova Scotia, is the 2001 winner of the Canadian Adaptive Seating and Mobility Association National Award. The product is a two-in-one wheelchair drop seat with slide-out supports for the stumps of below-knee amputees.


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