Clementi Skill Up Grants

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Clementi Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Clementi is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Critical Entrepreneurial Skills

Introduction -

The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

The Basics -

What is Enterprise Information Management?

Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

The Price Fix by Big Box Healthcare Technology Firms

Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

What is a typical EIM Firm solution?

1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

6. Onsite implementation and integration of the EIM solution.

7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

8. Relationships maintained by the Subject Matter Experts for the life of the solution.

9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

Key Element of the Solution

Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

Summary -

Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

Why a New Approach EIM Firm?

1. Subject Matter Expertise from consultants that have proven methodologies.

2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

To support Singaporeans based in Clementi in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Facebook Lead Generation Training

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Apply For Training Grant By Company

Peer Review - Technical Writing

Capital funding for a small business is a very difficult process. This due to the fact that capital has become extremely restricted for small businesses due to the fact that the economy is difficult. As such angel investors, venture capita firms, and private equity groups, and related financing sources are reluctant to provide financing for small businesses that may not yield a significant profit on their investment. As such, it is imperative for you to showcase to a private funding source that your business has the ability to generate a substantial return on investment as it pertains to the funding that they will inject into your business. This is going to be a topic that we discuss time and time again as it relates to your ability to expand your business through capital investment.

There are a number of ways that you can obtain capital funding for your small business. Foremost, you can seek a small business loan that will provide you with ability to launch or expand your business without having to sell a portion of your company to a third party. Many individual entrepreneurs like to receive debt funds due to the fact that the covenants allow them a great deal of flexibility as it relates to their business investments. As such, we strongly recommend that you continue to work with a small business adviser as it pertains to your ability to potentially receive a strong capital investment from a bank that is willing to lend against the assets of your firm on an ongoing basis as your business expands.

In closing, capital funding for a small business can come in a number of different forms. We strongly recommend that you work with your certified public accountant as well as an attorney as it relates to your ability to effectively receive the financing that you need for the development and growth of your business. These professionals will be able to provide you with the expertise that is need in order to properly make a decision as what is the most economically viable financing model that is required of your business. Of course, you as the business person are going to need to make an informed decision as it relates to acquiring the business capital that you need for your business. In many of our future discussions, we are going to continue to discuss the issues that arise from seeking capital funding for a small business as well as focusing on how you many need subsequent rounds of capital on an ongoing basis.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Clementi Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

Yew Tee Employers Training Grants

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Yew Tee Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Yew Tee is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

How to Get a Government Grant - Apply For Free Government Money

Introduction -

The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

The Basics -

What is Enterprise Information Management?

Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

The Price Fix by Big Box Healthcare Technology Firms

Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

What is a typical EIM Firm solution?

1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

6. Onsite implementation and integration of the EIM solution.

7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

8. Relationships maintained by the Subject Matter Experts for the life of the solution.

9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

Key Element of the Solution

Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

Summary -

Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

Why a New Approach EIM Firm?

1. Subject Matter Expertise from consultants that have proven methodologies.

2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

To support Singaporeans based in Yew Tee in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Teacher Training Allowance Latest News

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Training Employment Allowance

The New Approach to Healthcare Enterprise Information Management - EHR, EMR, EIM

Companies of all sizes can benefit from a variety of local, state and federal funding assistance programs to improve their quality management systems and upgrade employee skills. This broad definition covers ISO, Six Sigma, Lean, change management, leadership and basic skills training. Some of these programs offer matching funds while others provide tax credits. A few even bestow outright grants. However, gaining access to - and understanding - these funding programs can be a daunting task. That is why it pays to select a management consulting firm that knows how to navigate these often bewildering waters.

A Multitude of Funding Programs are Available to U.S. Companies

Funding assistance programs are designed to cover everything from maintaining high employment in local areas, to helping American companies combat foreign competition. Some state programs are even designed to counter out-of-state challenges by domestic competitors. Most programs offer financial assistance to upgrade employee skills and operating efficiency through training.

Typical Qualifying Criteria for Funding Assistance

Although most funding assistance programs are aimed at domestic manufacturers, financial help is also available for other industries that are facing foreign competition.

It is recognized that ISO, Six Sigma, Lean Manufacturing, change management and leadership training are key elements in continuous improvement, and streamlining key business processes. Since these disciplines yield results that strengthen domestic businesses, they are favored by many funding assistance programs.

Situations that typically qualify for some form of funding assistance include:

  • When a business is being adversely affected by foreign or out-of-state competitors.

  • If a company experiences falling sales due to the onslaught of foreign competition.

  • If upgrading employee skills would demonstrably improve company performance or increase employee retention.

  • When ISO registration is required by customers or international markets

  • When employee training provides enhanced skill sets that are transferable, or lead to an industry-recognized credential or certification.

  • Creation of jobs, or preventing loss of jobs, due to a possible facility closing or changing technology.

  • Creation of jobs as a result of a company relocating, or expanding into a state, or starting a business in a state

  • If a company provides critical services or goods to the Department of Defense.
  • An extensive array of funding programs is available to most types of businesses and manufacturers in particular. Taking advantage of these can significantly reduce--or even cover the complete cost for a company--to provide quality management systems training for its employees.

    Examples of Nationwide Programs

    Manufacturing Extension Partnership (MEP)

    MEP is a nationwide network of not-for-profit centers in nearly 350 locations nationwide. Their sole purpose is to provide small and medium sized manufacturers with the services they need to succeed. The centers, serving all 50 States and Puerto Rico, are linked together through the Department of Commerce's National Institute of Standards and Technology. Centers are funded by federal, state, local and private resources to serve manufacturers.

    Trade Adjustment Assistance (TAA)

    Established by Congress in 1974, TAA is managed by business professionals who understand manufacturing. TAA focuses on providing financial assistance to import-impacted manufacturers. TAA offers 50/50 cost sharing of projects aimed at improving a manufacturer's competitive position. Specifically, these matching funds are applied toward the cost of consultants. Funds can be used for on- or off-site employee training. The eleven TAA centers throughout the country work with eligible firms in marketing, production, management and many other areas.

    Under certain circumstances, other federal agencies also provide funding for employee training and skills upgrading. The Environmental Protection Agency and Commerce Department are just two examples.

    Examples of State Programs

    Most states have funding programs for the purpose of improving competitiveness in a global economy and business retention. Here are a few examples:

    California Employment Training Panel (ETP)

    ETP is a California State agency that is designed to fund training which meets the needs of employers for skilled workers, and the need of workers for good, long-term jobs. The program supports the California economy, primarily by funding the retraining of incumbent, frontline workers in companies challenged by out-of-state competition.

    Illinois Employer Training Investment Program (ETIP)

    ETIP supports Illinois workers' efforts to upgrade their skills, in order to remain current in new technologies and business practices. This enables companies to remain competitive, expand into new markets and introduce more efficient technologies into their operations. ETIP grants may reimburse Illinois companies for up to 50 percent of the cost of training their employees.

    New York State Industrial Effectiveness Program (IEP)

    IEP is a grant available to small and medium-sized manufacturing firms and industry groups within New York state. This grant provides up to $50,000 for companies to obtain a wide variety of management consulting training support. Many organizations have accessed this funding for Lean Manufacturing and ISO quality systems training.

    New Jersey Customized Training Grant Program (CTGP)

    CTGP enhances the creation and retention of skilled jobs in New Jersey through comprehensive workforce training. The aim of the program is to upgrade skills, and enhance the knowledge and work-related abilities of New Jersey workers. It also focuses on improving the overall productivity, and economic well-being of employers. Today, over thirty-million dollars is available for Customized Training Grants.

    Local County and City Programs Abound Too!

    Many counties and cities offer incentives in the form of tax credits and other benefits to ensure that local companies remain financially healthy. Local governments support actions that create robust economies, and keep their tax base from moving elsewhere. Upgrading employee skills through ISO training, for example, enhances competitiveness and contributes to company growth--a saleable proposition to tap into many local funding programs.

    Acquiring Funding Assistance for ISO and Other Training Requires Expertise

    Each funding program has its own qualifying criteria and paperwork. The paperwork and processes involved are sometimes confusing and often intimidating. And packaging successful submissions often requires the assistance of an expert familiar with the targeted program.

    The typical steps in pursuing financial assistance are to:

  • Conduct a comprehensive training needs analysis. What problems or issues is the client experiencing?

  • Specify the proposed solution. Create a succinct definition of the proposed training curriculum or consulting assignment, and explain how this will close the identified performance gaps.

  • Identify an appropriate funding assistance program, and demonstrate how the proposed solution satisfies its criteria.

  • Complete and process the required paperwork in a timely fashion. Sometimes, it can take months and several iterations for a request to be approved.

  • Achieve notification of funding approval and the disbursement criteria.

  • Administer the approved funding according to the program's rules and procedures.
  • Actual levels of funding assistance depend on the program. For example, TAA will share up to fifty percent of the cost for services that improve a manufacturer's competitive position. TAA pays for half of the cost of these services, up to $150,000 in projects, with a maximum TAA share of $75,000. On the other hand, the California ETP program funds companies 100 percent of monies spent for qualified employee training. Also, New Jersey offers a $22,000 ISO grant (regardless of company size), and customized training grants of up to $1,000 per person trained.

    The main obstacle for companies seeking funding assistance is a lack of familiarity with funding programs and the qualifying criteria. Finding the right program--and then preparing a funding proposal in the proper format--takes expertise that is outside the mainstream of most companies. Administering approved funding and complying with program regulations are also proficiencies lacking in many businesses.

    It Pays to Align your Company with a Knowledgeable Consulting Firm

    A management consulting firm that is well-versed in obtaining assistance funding for ISO and other continuous improvement skill-based training can dramatically cut costs for their clients. There is no substitute when it comes to successful experience with these programs--the hand that guides must be steady and sure.

    Performing a comprehensive training needs analysis, finding the best funding program, navigating intricate paperwork and helping clients satisfy qualifying criteria requires seasoned expertise. Selecting a consulting firm that has a successful track record also gives clients confidence to proceed with training or other quality management projects, knowing that their funding proposal will likely be approved.

    Experienced management consulting firms keep abreast of changing regulations and trends. They know how to expedite proposals, and overcome bureaucracy to successfully secure funding. And they issue status reports along the way, so that their clients are fully informed. Moreover, knowledgeable management consulting firms are proactive in advising their clients of funding opportunities and how these can be leveraged.

    If a company is interested in getting financial help, it pays to partner with a consulting firm that has a successful track record in obtaining funding assistance. More established management consulting firms, like Change Management Consulting, have strategic relationships with dedicated resources that perform funding program management for their clients. This relieves them of the administrative burden. These assets closely monitor a client's compliance with the funding program's regulations. They efficiently manage data entry, tracking, reporting and invoicing. Knowing the ropes, they help clients maintain positive cash flows by expediting the release of program funds.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Yew Tee Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Guilin Skill Capital Funding

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Guilin Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Guilin is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Peer Review - Technical Writing

    Multi Channel Integration and EDI transactions have been increasing day-by-day and they would certainly tend to grow as long as the EDI industry undergoes constant improvement. The EDI-based transactions comply with the X12 standard, which in turn has several sub-standards supported by various industries that keep growing over time.

    Amongst the various supported standards today, UCS (Uniform Communication Standard), VICS (Voluntary Inter-industry Commerce Standards), HIPAA (Health Insurance Portability and Accountability Act) are the pre-dominant ones.

    As per the statistical analysis revenues of the EDI Software packages should increase at a steady rate of 5 percent rate during the period because of a number of reasons such as the big organizations boosting up deployment of SME solutions, and even the mid size range companies implementing the EDI operations with suppliers paving the way to more and more EDI transactions for Channel Integrations

    Moreover the EDI usage grows in the health care industry is increasing, thanks to the Health Care Insurance Portability and Accountability Act (HIPAA) grant.

    Consequently the larger organizations will retain the investments in their EDI operations, leading to more and more EDI transactions.

    Coming to the EDI Services and support revenue, there shouldn't be any decrease in them either, as they would steadily grow at a 2 percent on account of reasons like growth in the EDI outsourcing services. Furthermore, with more mid size hubs and SMEs moving joining the internet revolution, the volume of EDI transactions also tend to go high.

    In fact looking at the historical perspective, initially when e-Commerce started, the experts had the perception that it would bring the end of EDI, rather than supporting it. However in realistic terms they never thought about the mere fact that basically EDI is e-Commerce by far and large!

    Over time this trend has been noticeable and slowly but surely the industrialists have realized that the EDI transactions are a part of the e-commerce, essentially supporting e-commerce rather than competing with it.

    As a matter of fact, the EDI transactions aren't really growing in a particular sector, and right from health care down to mid size SMEs, they have been only increasing.

    To support Singaporeans based in Guilin in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Workfare Training Support WTS and eligible Workfare Courses

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Training Allowance Central Govt Employees

    Public Funding Assistance for Quality Management Systems Consulting and Training

    Introduction -

    The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

    The Basics -

    What is Enterprise Information Management?

    Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

    Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

    Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

    Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

    Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

    Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

    Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

    What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

    Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

    1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

    2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

    3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

    One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

    Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

    1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

    2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

    3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

    The Price Fix by Big Box Healthcare Technology Firms

    Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

    IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

    Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

    Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

    When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

    The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

    Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

    1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

    2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

    3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

    What is a typical EIM Firm solution?

    1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

    2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

    3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

    4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

    5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

    6. Onsite implementation and integration of the EIM solution.

    7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

    8. Relationships maintained by the Subject Matter Experts for the life of the solution.

    9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

    Key Element of the Solution

    Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

    Summary -

    Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

    1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

    2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

    3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

    4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

    5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

    Why a New Approach EIM Firm?

    1. Subject Matter Expertise from consultants that have proven methodologies.

    2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

    3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

    4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

    5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Guilin Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Yunnan Training Allowance Subsidy

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Yunnan Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Yunnan is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Stages Oof Capital Funding

    Companies of all sizes can benefit from a variety of local, state and federal funding assistance programs to improve their quality management systems and upgrade employee skills. This broad definition covers ISO, Six Sigma, Lean, change management, leadership and basic skills training. Some of these programs offer matching funds while others provide tax credits. A few even bestow outright grants. However, gaining access to - and understanding - these funding programs can be a daunting task. That is why it pays to select a management consulting firm that knows how to navigate these often bewildering waters.

    A Multitude of Funding Programs are Available to U.S. Companies

    Funding assistance programs are designed to cover everything from maintaining high employment in local areas, to helping American companies combat foreign competition. Some state programs are even designed to counter out-of-state challenges by domestic competitors. Most programs offer financial assistance to upgrade employee skills and operating efficiency through training.

    Typical Qualifying Criteria for Funding Assistance

    Although most funding assistance programs are aimed at domestic manufacturers, financial help is also available for other industries that are facing foreign competition.

    It is recognized that ISO, Six Sigma, Lean Manufacturing, change management and leadership training are key elements in continuous improvement, and streamlining key business processes. Since these disciplines yield results that strengthen domestic businesses, they are favored by many funding assistance programs.

    Situations that typically qualify for some form of funding assistance include:

  • When a business is being adversely affected by foreign or out-of-state competitors.

  • If a company experiences falling sales due to the onslaught of foreign competition.

  • If upgrading employee skills would demonstrably improve company performance or increase employee retention.

  • When ISO registration is required by customers or international markets

  • When employee training provides enhanced skill sets that are transferable, or lead to an industry-recognized credential or certification.

  • Creation of jobs, or preventing loss of jobs, due to a possible facility closing or changing technology.

  • Creation of jobs as a result of a company relocating, or expanding into a state, or starting a business in a state

  • If a company provides critical services or goods to the Department of Defense.
  • An extensive array of funding programs is available to most types of businesses and manufacturers in particular. Taking advantage of these can significantly reduce--or even cover the complete cost for a company--to provide quality management systems training for its employees.

    Examples of Nationwide Programs

    Manufacturing Extension Partnership (MEP)

    MEP is a nationwide network of not-for-profit centers in nearly 350 locations nationwide. Their sole purpose is to provide small and medium sized manufacturers with the services they need to succeed. The centers, serving all 50 States and Puerto Rico, are linked together through the Department of Commerce's National Institute of Standards and Technology. Centers are funded by federal, state, local and private resources to serve manufacturers.

    Trade Adjustment Assistance (TAA)

    Established by Congress in 1974, TAA is managed by business professionals who understand manufacturing. TAA focuses on providing financial assistance to import-impacted manufacturers. TAA offers 50/50 cost sharing of projects aimed at improving a manufacturer's competitive position. Specifically, these matching funds are applied toward the cost of consultants. Funds can be used for on- or off-site employee training. The eleven TAA centers throughout the country work with eligible firms in marketing, production, management and many other areas.

    Under certain circumstances, other federal agencies also provide funding for employee training and skills upgrading. The Environmental Protection Agency and Commerce Department are just two examples.

    Examples of State Programs

    Most states have funding programs for the purpose of improving competitiveness in a global economy and business retention. Here are a few examples:

    California Employment Training Panel (ETP)

    ETP is a California State agency that is designed to fund training which meets the needs of employers for skilled workers, and the need of workers for good, long-term jobs. The program supports the California economy, primarily by funding the retraining of incumbent, frontline workers in companies challenged by out-of-state competition.

    Illinois Employer Training Investment Program (ETIP)

    ETIP supports Illinois workers' efforts to upgrade their skills, in order to remain current in new technologies and business practices. This enables companies to remain competitive, expand into new markets and introduce more efficient technologies into their operations. ETIP grants may reimburse Illinois companies for up to 50 percent of the cost of training their employees.

    New York State Industrial Effectiveness Program (IEP)

    IEP is a grant available to small and medium-sized manufacturing firms and industry groups within New York state. This grant provides up to $50,000 for companies to obtain a wide variety of management consulting training support. Many organizations have accessed this funding for Lean Manufacturing and ISO quality systems training.

    New Jersey Customized Training Grant Program (CTGP)

    CTGP enhances the creation and retention of skilled jobs in New Jersey through comprehensive workforce training. The aim of the program is to upgrade skills, and enhance the knowledge and work-related abilities of New Jersey workers. It also focuses on improving the overall productivity, and economic well-being of employers. Today, over thirty-million dollars is available for Customized Training Grants.

    Local County and City Programs Abound Too!

    Many counties and cities offer incentives in the form of tax credits and other benefits to ensure that local companies remain financially healthy. Local governments support actions that create robust economies, and keep their tax base from moving elsewhere. Upgrading employee skills through ISO training, for example, enhances competitiveness and contributes to company growth--a saleable proposition to tap into many local funding programs.

    Acquiring Funding Assistance for ISO and Other Training Requires Expertise

    Each funding program has its own qualifying criteria and paperwork. The paperwork and processes involved are sometimes confusing and often intimidating. And packaging successful submissions often requires the assistance of an expert familiar with the targeted program.

    The typical steps in pursuing financial assistance are to:

  • Conduct a comprehensive training needs analysis. What problems or issues is the client experiencing?

  • Specify the proposed solution. Create a succinct definition of the proposed training curriculum or consulting assignment, and explain how this will close the identified performance gaps.

  • Identify an appropriate funding assistance program, and demonstrate how the proposed solution satisfies its criteria.

  • Complete and process the required paperwork in a timely fashion. Sometimes, it can take months and several iterations for a request to be approved.

  • Achieve notification of funding approval and the disbursement criteria.

  • Administer the approved funding according to the program's rules and procedures.
  • Actual levels of funding assistance depend on the program. For example, TAA will share up to fifty percent of the cost for services that improve a manufacturer's competitive position. TAA pays for half of the cost of these services, up to $150,000 in projects, with a maximum TAA share of $75,000. On the other hand, the California ETP program funds companies 100 percent of monies spent for qualified employee training. Also, New Jersey offers a $22,000 ISO grant (regardless of company size), and customized training grants of up to $1,000 per person trained.

    The main obstacle for companies seeking funding assistance is a lack of familiarity with funding programs and the qualifying criteria. Finding the right program--and then preparing a funding proposal in the proper format--takes expertise that is outside the mainstream of most companies. Administering approved funding and complying with program regulations are also proficiencies lacking in many businesses.

    It Pays to Align your Company with a Knowledgeable Consulting Firm

    A management consulting firm that is well-versed in obtaining assistance funding for ISO and other continuous improvement skill-based training can dramatically cut costs for their clients. There is no substitute when it comes to successful experience with these programs--the hand that guides must be steady and sure.

    Performing a comprehensive training needs analysis, finding the best funding program, navigating intricate paperwork and helping clients satisfy qualifying criteria requires seasoned expertise. Selecting a consulting firm that has a successful track record also gives clients confidence to proceed with training or other quality management projects, knowing that their funding proposal will likely be approved.

    Experienced management consulting firms keep abreast of changing regulations and trends. They know how to expedite proposals, and overcome bureaucracy to successfully secure funding. And they issue status reports along the way, so that their clients are fully informed. Moreover, knowledgeable management consulting firms are proactive in advising their clients of funding opportunities and how these can be leveraged.

    If a company is interested in getting financial help, it pays to partner with a consulting firm that has a successful track record in obtaining funding assistance. More established management consulting firms, like Change Management Consulting, have strategic relationships with dedicated resources that perform funding program management for their clients. This relieves them of the administrative burden. These assets closely monitor a client's compliance with the funding program's regulations. They efficiently manage data entry, tracking, reporting and invoicing. Knowing the ropes, they help clients maintain positive cash flows by expediting the release of program funds.

    To support Singaporeans based in Yunnan in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Social Media Marketing Agency Near Me

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Government Grants For Computer Training

    How to Find Government Grants - Apply For Free Government Grants

    Many don't realize that in order to be successful in business funding one must always be aware of where your business is at in terms of its development.

    For clarity there are three broad areas that cover the various rounds of funding. They are:

    1. Seed Stage

    2. Early Stage

    3. Later Stage

    The seed stage is the start up stage where you dig into the financial network that you have readily available to you. Namely your own funds or that of family and friends.

    During this time Angel Investors and Venture Capitalist are difficult to come by because the business model has not shown enough promise at this point. This phase deals with the building of the foundation and infrastructure of your business.

    This is the stage where you will refine your model and build a strong team around you that will be able to maximize on the business opportunity at hand.

    The next stage is The Early Stage. This stage focuses on:

    A) Development

    B) Testing

    C) Revenue

    D) Growth

    This is the stage where you will be in pursuit of Angel Investors who would look strongly at the progress you have made in the seed stage.

    The Later Stage focuses on:

    A) Earnings

    B) Expansion

    C) Mezzanine

    At this point if your business model is showing the potential to garner 25 Million in earnings or more a year you would be in proper alignment to take on venture capital funding.

    This stage considers an IPO (Initial Public Offering) or Buyouts be they MBI or MBO. Also under this umbrella would come;

    A) Acquisition

    B) Privatization

    C) Recapitalization

    D) Spinouts

    E) Turnaround

    At the end of the day if your company has the potential to go global while remaining profitable money will come. The pursuit of Angel Investors and Venture Capital Funding has been compared to building another business in terms of the energy and resources that have to be exerted.

    Yet what we have seen in looking at models such as Google, Microsoft and Amazon is that with the right knowledge of funding you can take that business that you started in the basement or garage and turn it into a billion dollar company.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Yunnan Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Hillview Skillsfuture Grant

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Hillview Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Hillview is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    How to Find Government Grants - Apply For Free Government Grants

    Companies of all sizes can benefit from a variety of local, state and federal funding assistance programs to improve their quality management systems and upgrade employee skills. This broad definition covers ISO, Six Sigma, Lean, change management, leadership and basic skills training. Some of these programs offer matching funds while others provide tax credits. A few even bestow outright grants. However, gaining access to - and understanding - these funding programs can be a daunting task. That is why it pays to select a management consulting firm that knows how to navigate these often bewildering waters.

    A Multitude of Funding Programs are Available to U.S. Companies

    Funding assistance programs are designed to cover everything from maintaining high employment in local areas, to helping American companies combat foreign competition. Some state programs are even designed to counter out-of-state challenges by domestic competitors. Most programs offer financial assistance to upgrade employee skills and operating efficiency through training.

    Typical Qualifying Criteria for Funding Assistance

    Although most funding assistance programs are aimed at domestic manufacturers, financial help is also available for other industries that are facing foreign competition.

    It is recognized that ISO, Six Sigma, Lean Manufacturing, change management and leadership training are key elements in continuous improvement, and streamlining key business processes. Since these disciplines yield results that strengthen domestic businesses, they are favored by many funding assistance programs.

    Situations that typically qualify for some form of funding assistance include:

  • When a business is being adversely affected by foreign or out-of-state competitors.

  • If a company experiences falling sales due to the onslaught of foreign competition.

  • If upgrading employee skills would demonstrably improve company performance or increase employee retention.

  • When ISO registration is required by customers or international markets

  • When employee training provides enhanced skill sets that are transferable, or lead to an industry-recognized credential or certification.

  • Creation of jobs, or preventing loss of jobs, due to a possible facility closing or changing technology.

  • Creation of jobs as a result of a company relocating, or expanding into a state, or starting a business in a state

  • If a company provides critical services or goods to the Department of Defense.
  • An extensive array of funding programs is available to most types of businesses and manufacturers in particular. Taking advantage of these can significantly reduce--or even cover the complete cost for a company--to provide quality management systems training for its employees.

    Examples of Nationwide Programs

    Manufacturing Extension Partnership (MEP)

    MEP is a nationwide network of not-for-profit centers in nearly 350 locations nationwide. Their sole purpose is to provide small and medium sized manufacturers with the services they need to succeed. The centers, serving all 50 States and Puerto Rico, are linked together through the Department of Commerce's National Institute of Standards and Technology. Centers are funded by federal, state, local and private resources to serve manufacturers.

    Trade Adjustment Assistance (TAA)

    Established by Congress in 1974, TAA is managed by business professionals who understand manufacturing. TAA focuses on providing financial assistance to import-impacted manufacturers. TAA offers 50/50 cost sharing of projects aimed at improving a manufacturer's competitive position. Specifically, these matching funds are applied toward the cost of consultants. Funds can be used for on- or off-site employee training. The eleven TAA centers throughout the country work with eligible firms in marketing, production, management and many other areas.

    Under certain circumstances, other federal agencies also provide funding for employee training and skills upgrading. The Environmental Protection Agency and Commerce Department are just two examples.

    Examples of State Programs

    Most states have funding programs for the purpose of improving competitiveness in a global economy and business retention. Here are a few examples:

    California Employment Training Panel (ETP)

    ETP is a California State agency that is designed to fund training which meets the needs of employers for skilled workers, and the need of workers for good, long-term jobs. The program supports the California economy, primarily by funding the retraining of incumbent, frontline workers in companies challenged by out-of-state competition.

    Illinois Employer Training Investment Program (ETIP)

    ETIP supports Illinois workers' efforts to upgrade their skills, in order to remain current in new technologies and business practices. This enables companies to remain competitive, expand into new markets and introduce more efficient technologies into their operations. ETIP grants may reimburse Illinois companies for up to 50 percent of the cost of training their employees.

    New York State Industrial Effectiveness Program (IEP)

    IEP is a grant available to small and medium-sized manufacturing firms and industry groups within New York state. This grant provides up to $50,000 for companies to obtain a wide variety of management consulting training support. Many organizations have accessed this funding for Lean Manufacturing and ISO quality systems training.

    New Jersey Customized Training Grant Program (CTGP)

    CTGP enhances the creation and retention of skilled jobs in New Jersey through comprehensive workforce training. The aim of the program is to upgrade skills, and enhance the knowledge and work-related abilities of New Jersey workers. It also focuses on improving the overall productivity, and economic well-being of employers. Today, over thirty-million dollars is available for Customized Training Grants.

    Local County and City Programs Abound Too!

    Many counties and cities offer incentives in the form of tax credits and other benefits to ensure that local companies remain financially healthy. Local governments support actions that create robust economies, and keep their tax base from moving elsewhere. Upgrading employee skills through ISO training, for example, enhances competitiveness and contributes to company growth--a saleable proposition to tap into many local funding programs.

    Acquiring Funding Assistance for ISO and Other Training Requires Expertise

    Each funding program has its own qualifying criteria and paperwork. The paperwork and processes involved are sometimes confusing and often intimidating. And packaging successful submissions often requires the assistance of an expert familiar with the targeted program.

    The typical steps in pursuing financial assistance are to:

  • Conduct a comprehensive training needs analysis. What problems or issues is the client experiencing?

  • Specify the proposed solution. Create a succinct definition of the proposed training curriculum or consulting assignment, and explain how this will close the identified performance gaps.

  • Identify an appropriate funding assistance program, and demonstrate how the proposed solution satisfies its criteria.

  • Complete and process the required paperwork in a timely fashion. Sometimes, it can take months and several iterations for a request to be approved.

  • Achieve notification of funding approval and the disbursement criteria.

  • Administer the approved funding according to the program's rules and procedures.
  • Actual levels of funding assistance depend on the program. For example, TAA will share up to fifty percent of the cost for services that improve a manufacturer's competitive position. TAA pays for half of the cost of these services, up to $150,000 in projects, with a maximum TAA share of $75,000. On the other hand, the California ETP program funds companies 100 percent of monies spent for qualified employee training. Also, New Jersey offers a $22,000 ISO grant (regardless of company size), and customized training grants of up to $1,000 per person trained.

    The main obstacle for companies seeking funding assistance is a lack of familiarity with funding programs and the qualifying criteria. Finding the right program--and then preparing a funding proposal in the proper format--takes expertise that is outside the mainstream of most companies. Administering approved funding and complying with program regulations are also proficiencies lacking in many businesses.

    It Pays to Align your Company with a Knowledgeable Consulting Firm

    A management consulting firm that is well-versed in obtaining assistance funding for ISO and other continuous improvement skill-based training can dramatically cut costs for their clients. There is no substitute when it comes to successful experience with these programs--the hand that guides must be steady and sure.

    Performing a comprehensive training needs analysis, finding the best funding program, navigating intricate paperwork and helping clients satisfy qualifying criteria requires seasoned expertise. Selecting a consulting firm that has a successful track record also gives clients confidence to proceed with training or other quality management projects, knowing that their funding proposal will likely be approved.

    Experienced management consulting firms keep abreast of changing regulations and trends. They know how to expedite proposals, and overcome bureaucracy to successfully secure funding. And they issue status reports along the way, so that their clients are fully informed. Moreover, knowledgeable management consulting firms are proactive in advising their clients of funding opportunities and how these can be leveraged.

    If a company is interested in getting financial help, it pays to partner with a consulting firm that has a successful track record in obtaining funding assistance. More established management consulting firms, like Change Management Consulting, have strategic relationships with dedicated resources that perform funding program management for their clients. This relieves them of the administrative burden. These assets closely monitor a client's compliance with the funding program's regulations. They efficiently manage data entry, tracking, reporting and invoicing. Knowing the ropes, they help clients maintain positive cash flows by expediting the release of program funds.

    To support Singaporeans based in Hillview in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Government Grants For Computer Training

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    New Generation Skills Training

    Successful Policies & Procedures Writing Projects - Proven Strategies

    Grant writing is often overlooked as a valuable component of a successful capital campaign. Grant writing can secure 25% or more of your total capital campaign goal and can help to complete a project that has stalled but is almost complete. But, while it is not generally the first money secured, it is funding that you should begin seeking while still early in the campaign but after some pre-launch funding has already been secured. While each organization will implement a grant writing campaign differently, here are some general steps to follow:

    First identify the group of existing supporters that can be converted to a major donor and will commit to give large gifts. Major gifts from major donors are defined as a significant part of a person's net worth. Usually major gifts are defined as a minimum of $25,000. For very small nonprofits, a major gift may be defined as at least $5,000. Major gifts are also defined as 5% of net worth, 10% of annual income, or 10 times their largest annual gift. These donors should account for about 50% of the capital campaign total. If this is not feasible, you may not be ready to conduct the campaign.

    Second, you should look at securing major contributions (grants) from NEW donors (foundations). This grant funding can account for as much as 25% of the capital campaign total and is built on the success of your major donor efforts. Third, you will fill in the last portion of you capital campaign with small donors and annual donors willing to give an additional gift. This may be 25% of total. Finally, you will go back to your Major Donors and Granting Foundations to secure "completion funding."

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Hillview Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    International Business Park Training Grant For Company

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in International Business Park Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in International Business Park is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Capital Funding For A Small Business

    Introduction -

    The lack of a healthcare specific, compliant, cost-effective approach to Enterprise Information Management (aka EIM) is the #1 reason integration, data quality, reporting and performance management initiatives fail in healthcare organizations. How can you build a house without plumbing? Conversely, the organizations that successfully deploy the same initiatives point to full Healthcare centric EIM as the Top reason they were successful (February, 2009 - AHA). The cost of EIM can be staggering - preventing many healthcare organizations from leveraging enterprise information when strategically planning for the entire system. If this is prohibitive for large and medium organizations, how are smaller organizations going to be able to leverage technology that can access vital information inside of their own company if cost prevents consideration?

    The Basics -

    What is Enterprise Information Management?

    Enterprise Information Management means the organization has access to 100% of its data, the data can be exchanged between groups/applications/databases, information is verified and cleansed, and a master data management method is applied. Outliers to EIM are data warehouses, such as an EHR data warehouse, Business Intelligence and Performance Management. Here is a roadmap, in layman terminology, that healthcare organizations follow to determine their EIM requirements.

    Fact #1: Every healthcare entity, agency, campus or non-profit knows what software it utilizes for its business operations. The applications may be in silos, not accessible by other groups or departments, sometimes within the team that is responsible for it. If information were needed from groups across the enterprise, it has to be requested, in business terminology, of the host group, who would then go to the source of information (the aforementioned software and/or database), retrieve what is needed and submit it to the requestor - hopefully, in a format the requestor can work with (i.e., excel for further analysis as opposed to a document or PDF).

    Fact #2: Because business terminology can be different WITHIN an organization, there will be further "translating" required when incorporating information that is gathered from the different software packages. This can be a nightmare. The gathering of information, converting it into a different format, translating it into common business terminology and then preparing it for consumption is a lengthy, expensive process - which takes us to Fact #3.

    Fact #3: Consumers of the gathered information (management, analysts, etc) have to change the type of information required - one-off report requests that are continuously revised so they can change their dimensional view (like rotating the rows of a Rubik's cube to only get one color grouped, then deciding instead of lining up red, they would really like green to be grouped first). In many cases, this will start the gathering process all over again because the original set of information is missing needed data. It also requires the attention of those that understand this information - typically a highly valued Subject Matter Expert from each silo - time-consuming and costly distractions that impact the requestor as well as the information owner's group.

    Fact#4: While large organizations can cope with this costly method in order to gather enough information to make effective and strategic business decisions, the amount of time and money is a barrier for smaller or cash strapped institutions, freezing needed data in its silo.

    Fact #5: If information were accessible (with security and access controls, preventing unauthorized and inappropriate access), time frames for analysis improve, results are timely, strategic planning is effective and costs in time and money are significantly reduced.

    Integration (with cleansing the data, aka Data Quality) should not be a foreign concept to the mid and smaller organizations. Price has been the overriding factor that prevents these tiers from leveraging enterprise information. A "glass ceiling", solely based on being limited from technology because of price tag, bars the consideration of EIM. This is the fault of technology vendors. Business Intelligence, Performance Management and Data Integration providers have unknowingly created class warfare between the Large and SMB healthcare organizations. Data Integration is the biggest culprit in this situation. The cost of integration in the typical BI deployment is usually four times the cost of the BI portion. It is easy for the BI providers to tantalize their prospects with functionality and reasonable cost. But, when integration comes into play, reluctance on price introduces itself into the scenario. No action has become the norm at this point.

    What are the Financial Implications for a Healthcare Organization by maintaining the status quo?

    Fraud detection is the focal point for CMS in their EHR requirements of healthcare organizations, Let's take a deeper, more meaningful look at the impact of EHR. Integration, a prominent component of Enterprise Information Management in the New Approach, brings data from all silos of the organization, allowing a Data Quality component to verify and cleanse it. The next step would be to either send it back to its originating source in an accurate state and/or put it into a repository where it will be accessible to auditing (think CMS Sanctions Auditors), Business Intelligence solutions, and Electronic Health Records applications. With instantly accessible EHRs, hospitals and their outlying practices can verify patients with payors, retrieve medical histories for diagnosis and treatment decisions, and update/add patient related information. What impact to treatment does a review of a new patient's history have for both patient and practice? Here are some elements to consider:

    1. Diagnosis and treatments that are based on previous patient dispositions - reducing recovery time, eliminating Medicare/Medicaid/Payor denials (based on their interpretation as to fault of the practitioner in original treatment or error incurring additional treatment).

    2. Instant fraud detection of patients seeking treatment for the same malady across the practices within the organization. Prescription abuse and Medicare fraud saves money not only for the payors, but the healthcare organization as well.

    3. The Association of Fraud Examiners states that 9% of a Hospital's revenue each year is actually lost to fraud.

    One overlooked but common impact is in the cost of managing patient records. Thousands of file folders in storage with new instances being added each time a new patient enters into the system. Millions of pieces of paper capturing patient information, payer data, charts, billing statements, and various items such as photo copies of patient IDs, are all stored in those folders. The folders are then stored in vast filing cabinets - constantly being accessed by filing clerks, nurses, practitioners and assorted staff. Contents of the files being misplaced or filed incorrectly. Hundreds, if not thousands, of square feet being consumed for storage. The AHA projects that an enterprise leveraging Electronic Health Records will recover no less than 15,000 square feet of usable space. That space can be used for additional services, opening up new channels of revenue. The justification is easy: how much would it cost the hospital to build out 15,000 square feet for a new service? The average cost to build space utilized for Health Services is $65 per square foot, or $975,000 total. An EIM solution through the New Approach would be less than 20% of that. Not only has the EIM solution reduced dollars lost to fraud, lowered the days for payor encounters to be paid, increased cash on hand, but it will also open up new services for the patient community and revenue back to the healthcare organization.

    Electronic data is costly in its own way. Bad aka "Dirty" data has enormous impact. Data can be corrupted by error in data entry, systems maintenance, database platform changes or upgrades, feeds or exchanges of data in an incompatible format, changes in front end applications and fraud, such as identity theft. The impact of bad data has a cause and effect relationship that is pervasive in the financial landscape:

    1. Bad data can result in payor denials. Mismatched member identification, missing DRG codes, empty fields where data is expected are examples of immediate denials of claims. The delay lowers the amount of Cash on Hand as well as extends the cycle of submitted claim to remittance by at least 30 days.

    2. Bad data masks fraud. A reversal of digits in a social security number, a claim filed as one person for the treatment of another family member, medical histories that do not reflect all diagnosis and treatments because the patient could not be identified. Fraud has the greatest impact on cost of delivering healthcare in the United States. Ultimately, the health system has to absorb this cost - reducing profitability and limiting growth.

    3. Bad data results in non-compliance. CMS has already begun the architecture and deployment of Sanctions Data Exchanges. These exchanges are a network of data repositories that are used to connect to health healthcare system, retrieve CMS related data, and store it for auditing. The retrieval will only be limited to the patient encounters that show a potential for denial or fraud, so the repository will not be a store of all Medicare and Medicaid patient encounters. But, the exchange has to be able to read the data in its provider data source in order for CMS to apply certain conditions against the information it is reading. What happens when the information is incomplete or wrong? The healthcare system is held accountable for the encounters it cannot read. That means automatic and unrecoverable denials of claims PRIOR to an audit, regardless of claim legitimacy.

    The Price Fix by Big Box Healthcare Technology Firms

    Are the major healthcare software and technology vendors (Big Box) price gouging? Probably not. They are a victim of their own solution strategies. Through acquired and some organic growth (McKesson, Eclipsys, Cerner, etc), they find their EIM solutions lose their agnostic approach. This is bad...very bad for health systems of all sizes. With very few exceptions, the vast majority of healthcare organizations DO NOT BUY all applications and modules from a single stack player. How could they? Healthcare systems grow similarly - some organic, some through acquisition. When a hospital organization finds over the course of time, an application that is reliable, such as a billing system, there is tremendous reluctance to remove a proven solution that everyone knows how to use. Because the major technology providers in the healthcare space act as a "One Stop Shop", they spend most of their time working on integrating in their own product suite with little to no regard to other applications. Subsequently, they find themselves trapped: they have to position all products/modules to maintain the accessibility and integrity of their data. This is problematic for the hospital that is trying to solve one problem but then must purchase additional solutions to apply to areas that are not broken, just to be able to integrate information. That is like going to the hardware store for a screwdriver and coming back with a 112 piece tool set with a rolling, 4 foot cart built for NASCAR. You will probably never use 90+% of those tools and will no longer be able to park in your own garage because the new tool box takes up too much space!

    IT resources - including people - must be utilized. In today's economy, leveraging internal IT staff to administer a solution post-deployment is a given. If those IT resources do not feel comfortable in supporting the integration plan, then status quo will be justified. This is the "anti" approach to providing solutions in the healthcare industry: the sales leaders from Big Box technology firms want their sales people in front of the business side of the organization and to stop selling to IT. While this is a common sense approach, the economy in 2010 mandates that IT has to at least validate their ability to administer new technology solutions. The prospect of long-term professional consulting engagements to follow post installation has been shrinking at the same rate as healthcare organizations profit margins.

    Empowering the healthcare organization to utilize its existing IT staff to administer and develop with the new products is not part of the business plan when Big Box players market to the industry. It is the exact opposite - recurring revenue from lengthy, and sometimes permanent, professional services consulting engagements is part of the overall target. The initial price quote for a Big Box solution is scary enough, but the fact remains that it is still not representative of what the ongoing cost to maintain through consulting arrangements. This is a variable cost, which is difficult to predict, and drives finance managers and executives crazy.

    Solving the Dilemma - A Better Solution through a New Approach at a Fraction of the Cost

    When Healthcare Business Experts combine talents with Technology Architects, EIM Solutions cost drop dramatically. This is the New Approach to Healthcare EIM, providing the way health organizations will be able to provide successful solutions at significantly reduced costs - opening the door for health systems of all sizes.

    The EIM Firm (using the New Approach) versus Big Box Healthcare Technology Providers:

    Smaller, more agile firms bring many benefits to Healthcare Organizations of any size. The benefits:

    1. They are focused on specific verticals - just like the Big Box Health Technology providers. Subject Matter Experts (SME) in the smaller firms typically are industry veterans with years of experience and success in their approach who see their resume as a service offering better utilized when they are able to apply their methods for successful strategy planning as opposed to learning the methods of a Big Box player. Their income is better since their revenue is applied into a smaller operating cost, extending lower pricing for solutions that are MORE EFFECTIVE and offering stronger client/vendor relationships as the SME limits themselves to a certain number of clients.

    2. Solutions built on proven approaches and strategies. Again, the firm's SMEs are able to define a methodology that can be re-used or re-configured in each client instance. This saves time and money for the client as delivery is accelerated and the cost of architecting is eliminated.

    3. The firms themselves develop solutions and methodologies agnostically. Their understanding of the diversity of systems that exist in the technology of a healthcare organization allows them to not only develop adaptable solutions but also add a Business Process Management Plan (BPM). The BPM will define for the organization EXACTLY how information is received, processed, cleansed, stored, shared and accessed. It also will define an action plan for training IT for administration and support as well as end users at all levels on how they will leverage it going forward. BPM planning in a healthcare organization is a low six figure investment with an outside consulting group. The EIM firms will include it in the cost of the solution. Basically, it is the difference in being told what is wrong and here are the recommendations to fix it versus here is what is wrong and this is how it will be fixed with the new solution.

    What is a typical EIM Firm solution?

    1. Solution Assessment, noting the current systems, data sources and methods of sharing information as well as business processes, key personnel identification that are gate keepers if information, timeliness of providing information and overall effectiveness in leveraging enterprise information for strategic business planning. See figures 1 for an example of the information process flow visual component of an actual assessment.

    2. EIM solution that contains an integration engine that accesses all data sources - reading and writing back to the database or application, providing data quality services and maintaining HIPAA as well as HL7 requirements. See Figure 2 for a diagram.

    3. EHR Data Warehouse. A repository to build Electronic Health Records through the integrated data flow.

    4. EHR Portal for patient entry (when additional information needs to be added) via a browser.

    5. Business Intelligence Dashboards for metrics, AD Hoc analysis and Performance Management Scorecards on organizational goals and objectives.

    6. Onsite implementation and integration of the EIM solution.

    7. Onsite training during installation for IT and end users. Ongoing training provided via webinars, documentation and technical support staff.

    8. Relationships maintained by the Subject Matter Experts for the life of the solution.

    9. Stimulus "HITECH" Act pays $44,000 per physician for an EHR solution implemented. The SME creates the grant request to be submitted so the healthcare organization receives Stimulus funds to pay for the total EIM solution

    Key Element of the Solution

    Onsite Delivery and full time support are key. But, the most important element is training. Why? As noted earlier, it is paramount that existing IT investments, namely personnel, be able to not only administer but also conduct development as the need arises. In Healthcare, CMS managed Medicare/Medicaid is already margins that are in the negative. As private payers follow suit, the number of uncollectable encounters will increase, impacting current profitability models and increasing future cost for treatment. By mitigating IT costs, the Total Cost of Ownership (TCO) qualifier should actually evolve to a Return on Investment (ROI). ROI is immediate for this solution approach, but it is sustained year over year by leveraging internal IT to support and develop. Now, the Healthcare Organization has eliminated costly professional service consulting engagements and re-investments into new feature licensing. This takes a variable cost every year and makes it a fixed, yet smaller amount - a sensible financial approach to accomplish a proven strategy.

    Summary -

    Why EIM? Whether it is Omnibus, "Obama"-care or an edit (not overhaul) of the Healthcare industry, Healthcare Organizations know these truths:

    1. Electronic Health Records are necessary for the Fraud detection unit of CMS. Each organization must comply with accessibility, HIPAA and format. Fraud reduces overall revenues for a hospital by 9% (ACFE)

    2. EHR/EHR have proven to be highly effective in eliminating internal waste, patient fraud, practice fraud and paper overhead. Vast amount of space within the facilities that had been used to store patient records in hard copy can now be utilized to provide additional services and open new revenue streams.

    3. Bad or "dirty" data in electronic or hard copy format is costly. According to the AHA (September, 2008), the average cost of a patient record with good or accurate information is $343 annually. The annual cost of a patient record with bad information is $2,054 annually. On average, 18% of patient information within a healthcare organization is bad.

    4. Strategies developed by healthcare organizations without 100% of the information they own that is also timely and relevant are ineffective. Objectives cannot be defined, successful processes cannot be identified and improvement plans have little to no metrics in which to determine success.

    5. Stimulus/HITECH Act pays $44,000 per physician when EHR is part of the EIM solution. With the smaller EIM firms, Stimulus pays for the entire solution.

    Why a New Approach EIM Firm?

    1. Subject Matter Expertise from consultants that have proven methodologies.

    2. Agility to adapt to the client need instead of the Big Box approach of the client adapting to their product limitations.

    3. A Better Solution at a Fraction of the Cost. Their solutions are based on needs and not features.

    4. Relationships with the vendor, resulting in improved services, maximum values from vendor solutions and a focused approach to the client needs and goals.

    5. A Return on Investment as opposed to a Total Cost of Ownership. Clients need to see solutions that immediately pay for itself and then recover lost revenue while offering channels to new profit centers.

    To support Singaporeans based in International Business Park in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Government Grants And Training Staff

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Government Grants And Training Staff

    Grant Writing For Capital Campaigns

    Capital funding for a small business is a very difficult process. This due to the fact that capital has become extremely restricted for small businesses due to the fact that the economy is difficult. As such angel investors, venture capita firms, and private equity groups, and related financing sources are reluctant to provide financing for small businesses that may not yield a significant profit on their investment. As such, it is imperative for you to showcase to a private funding source that your business has the ability to generate a substantial return on investment as it pertains to the funding that they will inject into your business. This is going to be a topic that we discuss time and time again as it relates to your ability to expand your business through capital investment.

    There are a number of ways that you can obtain capital funding for your small business. Foremost, you can seek a small business loan that will provide you with ability to launch or expand your business without having to sell a portion of your company to a third party. Many individual entrepreneurs like to receive debt funds due to the fact that the covenants allow them a great deal of flexibility as it relates to their business investments. As such, we strongly recommend that you continue to work with a small business adviser as it pertains to your ability to potentially receive a strong capital investment from a bank that is willing to lend against the assets of your firm on an ongoing basis as your business expands.

    In closing, capital funding for a small business can come in a number of different forms. We strongly recommend that you work with your certified public accountant as well as an attorney as it relates to your ability to effectively receive the financing that you need for the development and growth of your business. These professionals will be able to provide you with the expertise that is need in order to properly make a decision as what is the most economically viable financing model that is required of your business. Of course, you as the business person are going to need to make an informed decision as it relates to acquiring the business capital that you need for your business. In many of our future discussions, we are going to continue to discuss the issues that arise from seeking capital funding for a small business as well as focusing on how you many need subsequent rounds of capital on an ongoing basis.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in International Business Park Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Joo Koon Business Grants

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Joo Koon Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Joo Koon is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Peer Review - Technical Writing

    Sources of business finance can be studied under the following heads:

    (1) Short Term Finance:

    Short-term finance is needed to fulfill the current needs of business. The current needs may include payment of taxes, salaries or wages, repair expenses, payment to creditor etc. The need for short term finance arises because sales revenues and purchase payments are not perfectly same at all the time. Sometimes sales can be low as compared to purchases. Further sales may be on credit while purchases are on cash. So short term finance is needed to match these disequilibrium.

    Sources of short term finance are as follows:

    (i) Bank Overdraft: Bank overdraft is very widely used source of business finance. Under this client can draw certain sum of money over and above his original account balance. Thus it is easier for the businessman to meet short term unexpected expenses.

    (ii) Bill Discounting: Bills of exchange can be discounted at the banks. This provides cash to the holder of the bill which can be used to finance immediate needs.

    (iii) Advances from Customers: Advances are primarily demanded and received for the confirmation of orders However, these are also used as source of financing the operations necessary to execute the job order.

    (iv) Installment Purchases: Purchasing on installment gives more time to make payments. The deferred payments are used as a source of financing small expenses which are to be paid immediately.

    (v) Bill of Lading: Bill of lading and other export and import documents are used as a guarantee to take loan from banks and that loan amount can be used as finance for a short time period.

    (vi) Financial Institutions: Different financial institutions also help businessmen to get out of financial difficulties by providing short-term loans. Certain co-operative societies can arrange short term financial assistance for businessmen.

    (vii) Trade Credit: It is the usual practice of the businessmen to buy raw material, store and spares on credit. Such transactions result in increasing accounts payable of the business which are to be paid after a certain time period. Goods are sold on cash and payment is made after 30, 60, or 90 days. This allows some freedom to businessmen in meeting financial difficulties.

    (2) Medium Term Finance:

    This finance is required to meet the medium term (1-5 years) requirements of the business. Such finances are basically required for the balancing, modernization and replacement of machinery and plant. These are also needed for re-engineering of the organization. They aid the management in completing medium term capital projects within planned time. Following are the sources of medium term finance:

    (i) Commercial Banks: Commercial banks are the major source of medium term finance. They provide loans for different time-period against appropriate securities. At the termination of terms the loan can be re-negotiated, if required.

    (ii) Hire Purchase: Hire purchase means buying on installments. It allows the business house to have the required goods with payments to be made in future in agreed installment. Needless to say that some interest is always charged on outstanding amount.

    (iii) Financial Institutions: Several financial institutions such as SME Bank, Industrial Development Bank, etc., also provide medium and long-term finances. Besides providing finance they also provide technical and managerial assistance on different matters.

    (iv) Debentures and TFCs: Debentures and TFCs (Terms Finance Certificates) are also used as a source of medium term finances. Debentures is an acknowledgement of loan from the company. It can be of any duration as agreed among the parties. The debenture holder enjoys return at a fixed rate of interest. Under Islamic mode of financing debentures has been replaced by TFCs.

    (v) Insurance Companies: Insurance companies have a large pool of funds contributed by their policy holders. Insurance companies grant loans and make investments out of this pool. Such loans are the source of medium term financing for various businesses.

    (3) Long Term Finance:

    Long term finances are those that are required on permanent basis or for more than five years tenure. They are basically desired to meet structural changes in business or for heavy modernization expenses. These are also needed to initiate a new business plan or for a long term developmental projects. Following are its sources:

    (i) Equity Shares: This method is most widely used all over the world to raise long term finance. Equity shares are subscribed by public to generate the capital base of a large scale business. The equity share holders shares the profit and loss of the business. This method is safe and secured, in a sense that amount once received is only paid back at the time of wounding up of the company.

    (ii) Retained Earnings: Retained earnings are the reserves which are generated from the excess profits. In times of need they can be used to finance the business project. This is also called ploughing back of profits.

    (iii) Leasing: Leasing is also a source of long term finance. With the help of leasing, new equipment can be acquired without any heavy outflow of cash.

    (iv) Financial Institutions: Different financial institutions such as former PICIC also provide long term loans to business houses.

    (v) Debentures: Debentures and Participation Term Certificates are also used as a source of long term financing.

    Conclusion:

    These are various sources of finance. In fact there is no hard and fast rule to differentiate among short and medium term sources or medium and long term sources. A source for example commercial bank can provide both a short term or a long term loan according to the needs of client. However, all these sources are frequently used in the modern business world for raising finances.

    To support Singaporeans based in Joo Koon in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Government Grants And Training Staff

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Mid Career Employee Training

    Trademark Process in Asian Countries

    Multi Channel Integration and EDI transactions have been increasing day-by-day and they would certainly tend to grow as long as the EDI industry undergoes constant improvement. The EDI-based transactions comply with the X12 standard, which in turn has several sub-standards supported by various industries that keep growing over time.

    Amongst the various supported standards today, UCS (Uniform Communication Standard), VICS (Voluntary Inter-industry Commerce Standards), HIPAA (Health Insurance Portability and Accountability Act) are the pre-dominant ones.

    As per the statistical analysis revenues of the EDI Software packages should increase at a steady rate of 5 percent rate during the period because of a number of reasons such as the big organizations boosting up deployment of SME solutions, and even the mid size range companies implementing the EDI operations with suppliers paving the way to more and more EDI transactions for Channel Integrations

    Moreover the EDI usage grows in the health care industry is increasing, thanks to the Health Care Insurance Portability and Accountability Act (HIPAA) grant.

    Consequently the larger organizations will retain the investments in their EDI operations, leading to more and more EDI transactions.

    Coming to the EDI Services and support revenue, there shouldn't be any decrease in them either, as they would steadily grow at a 2 percent on account of reasons like growth in the EDI outsourcing services. Furthermore, with more mid size hubs and SMEs moving joining the internet revolution, the volume of EDI transactions also tend to go high.

    In fact looking at the historical perspective, initially when e-Commerce started, the experts had the perception that it would bring the end of EDI, rather than supporting it. However in realistic terms they never thought about the mere fact that basically EDI is e-Commerce by far and large!

    Over time this trend has been noticeable and slowly but surely the industrialists have realized that the EDI transactions are a part of the e-commerce, essentially supporting e-commerce rather than competing with it.

    As a matter of fact, the EDI transactions aren't really growing in a particular sector, and right from health care down to mid size SMEs, they have been only increasing.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Joo Koon Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Jurong East Skill Up Grants

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Jurong East Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Jurong East is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    EDI Market and Channel Integration

    Government money is free money. As a US citizen or a legal resident alien you are eligible to receive free government money. This year about 30 million people will receive government grants and you could be one of them. There billions of dollars available each year.

    Grants are not loans, you never have to pay them back. You can even apply for a US grant if you have bad credit or if you ever had bankruptcy.

    There are various grants available for different purposes:

    • There are personal need grants. You can use them for home purchase, home repair, mortgage payment, rent, to pay bills, childcare, legal services, general living expenses just name a few.
    • There are education grants. You can use them to pay for primary school, secondary school, college, medical school and more.
    • There are business grants for people who want to start a business. You can also use this grant to expand a business, to pay salaries, buy equipment, to pay rent, for employee training and more
    • There are also health care grants. You can use this money for prescription medicine, nursing home, alcohol and drug abuse, mental emotional disorder, dental care and more.

    You can find all these grants online. Searching for a grant online is easy once you have access to a grant directory. You can find all the grants available for you and you can learn how to apply for them.

    Make a list of the grants you could apply for. Get the free government money you deserve. You can save a lot of money and eliminate some of your bills.

    To support Singaporeans based in Jurong East in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Mid Career Training Programme For Officers

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Marketing Skills Course Workshops

    Public Funding Assistance for Quality Management Systems Consulting and Training

    The government, under SMIDEC (Small & Medium Industries Development Corporation), MATRADE (Malaysia External Trade Development), MECD (Ministry of Entrepreneur & Co-operative Development), MTDC (Malaysia Technology Development Corporation), MOSTI (Ministry of Science, Technology and Innovation) and CGC (Credit Guarantee Corporation) offer grants to Malaysian companies that meet the criteria for governmental funding ranging from 50% to 100% reimbursable grants for the purposes of brand promotion, product development, research & development and marketing activities. Currently, the individual grants ranges from a few hundred thousands to two millions (Malaysian Ringgit) in the form of 100% and 50% reimbursable grant, respectively.

    The grants are specifically for Malaysian SME/SMI (Small Medium Enterprises/Small Medium Industries) and formal applications must be made directly to the respective governmental agencies.

    So far, according to governmental sources, the quota for the grant disbursement has not been fully utilized and there is still a substantial amount of such grants available.

    To apply, the companies must first be vetted for eligibility. If eligible, a standard official application form must be duly completed and submitted to the relevant agency together with a comprehensive business plan, marketing plan and pertinent information such as Profit & Loss Accounts, Trademark or Service mark registration and other relevant documents.

    Most SME/SMI in Malaysia however lacks the business fundamentals, such as a formal business or marketing plans. This is where outsourcing such services to business consulting firms adept at dealing with the government agencies will be helpful. Such firms will guide and assist in the application process and ensure that the required business and marketing plans are in the correct formats.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Jurong East Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Kian Teck Claim Training Allowance

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Kian Teck Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Kian Teck is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Positive Approach To Obtaining Business Grants From The Government

    Online education programs are becoming increasing popular among employers. Many companies are likely to give support to their employees who are interested in pursuing a degree or further education through online education programs. Some companies even give scholarships or grants specially dedicated for their employees who enroll into online education programs. Why many employers like online education programs and encourage their employees to pursue their degree online if they are interested to enrich their knowledge with a degree?

    Traditionally, if an employee want to further his study, he needs to either quit his job or takes a long unpaid leave in order to go back to school for a degree. If this is the case, employer will need to hire a new staff to replace the leaving employee or he need to find a temporary replacement if the employee is taking a long unpaid leave. It's inconvenient for the employers if many of their employees want to quit their job and go back to school to get a further degree for their career advancement. Employers definitely do not want to let their experience staffs to leave and keep hiring new staffs and re-train for the vacant positions.

    Online education programs have provided a perfect solution to employers. Employees who like to further their study are encouraged to pursue their degree online. Employees who are taking online degree programs will be able to continue their job and their current living style while effectively manage their time for the online courses so that it won't crash with their working schedule. Flexible, self-pace and study from anywhere and anytime are the key advantages that will benefits both the working individuals and employers. For job that need a lot of traveling, online education program fits in perfectly. It allows the online students to attend the online classes from home or while traveling.

    Strong educational background that equip with the required skills in the related field will enable the employees to perform their jobs flawlessly. Now, employers can encourage their employees to earn a job related degree to gain more knowledge on their working field and be prepared for more challenging tasks. IBM, one of bigger corporate players is continuously encourage their employees especially managers and senior management team to pursue their MBA through distance learning programs. IBM commented that they needs a wide range of qualified managers at all level and that online education approach is the only one that is feasible in terms of cost, time and numbers.

    Many companies do allocate scholarships and grants for their employees who are interested to further their study. Among these scholarships, some are dedicated specially for online students. Fund allocations for employees who study online are increasing showing more employers are encouraging online education to their employees.

    Summary

    More and more employers are encouraging their employees who like to further study to pursue their degree through online education programs. Employers like online education program because it provides a perfect solution for employers to allow their employee to enrich their knowledge in their job related field while retain their employees at their company.

    To support Singaporeans based in Kian Teck in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    Offshore Training Government Grants

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Apply For Training Grant By Company

    The New Approach to Healthcare Enterprise Information Management - EHR, EMR, EIM

    Firstly, the candidates on his career point should undergo a program called "National Employability Enhancement Mission". The NEEM trainees should know how to work in an industry. For fulfilling the requirements of company every student should gain training in their respective field.

    Students are asked to give presentation of their project very often to enhance their communication and presentation skills. They prepare notes, search information, analyze it and present it in effective manner using audio visual aids.

    Students have undergone live projects to do their best. They have to prove himself to be experts his working skills. After undergoing these trainings the students would be able to confidently handling the advanced stages of services and equipment handling. They become industry ready as they will have the working exposure to latest industry equipments. They can understand comprehensive integration.

    The training comprises of reading, writing, listening & speaking skills. An integral part of all program is the specialized training by industry experts. Students have been given a project related to preparing a live business venture. By working on such a live project student will be confident for further use in an industry.

    The students become industry ready after undergoing National Employability Enhancement Mission NEEM Training. In aptitude building training, they focus on analytical, logical and reasoning skills along with group discussion and personnel interview. Students are imparted with sufficient knowledge for their professional life by educating them with the right means of communication, which is both verbal and non verbal. Workshops are conducted to prepare students with the conscious and unconscious movements.

    The first step to making an impression is a good resume. First impression is very important in a job interview, the first judgement is on the basis of appearance. Students are trained to get through the aptitude test. Special tips to score well in quantitative section are given along with.

    Group Discussions are carried out to assess and shape student's personality. Equipping student with basic knowledge and fundamentals to be kept in mind while appearing for an interview. They also conduct Mock Tests. Mock interview rounds which lays emphasis on body posture and other technical aspects.

    This training helps student to set their goals. Goal setting is a process where the institute helps the students to identify and formulate their short term and long term goals. Each NEEM trainee shall be provided comprehensive training in the trade by deployment. This scheme may be complemented by access to the cloud, satellite or such other facilities.

    If executed properly apprenticeship can help provide suitable jobs to a very large number of youths. There are various skill development program for various trades. Some of these are Machining, Electronics, Civil constructions Meteorology, Textiles & Garments Leather & Leather Goods Gems & Jewellery, Real Estate, Tourism, Pharmaceuticals etc. The students choose their field to be an expert. The youth will be trained by a blend of technical modules and self-developmental courses. They will be mentored and guided by industry leaders.

    Student's Progress is consistently monitored and constructive feedback is provided from time to time. Apprentices get an opportunity to undergo 'on the job' training and are exposed to real working conditions, situations, and challenges.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Kian Teck Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.

    Lim Chu Kang Small Business Training Grants

    Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Lim Chu Kang Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

    In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Lim Chu Kang is usually high.

    Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

    Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

    Importance of Grants - What's the Real Deal?

    You could be in a financial situation when you can't afford a loan. Maybe you have bad credit or you declared bankruptcy a few years ago, or you just can't afford the payments. There is free money available for you, you can apply for government grants. It's available for you, as long as you are a US citizen.

    There are personal grants. You can use this money for home purchase, home repair, mortgage payments, rent, real estate taxes, utility bills, groceries, clothing, legal services and much more. The advantage of the grants is that you never have to pay it back. You might qualify for more than one type of grant.

    There are educational grants. You can use this money to further your education in an undergraduate school or in a graduate school. Educational grants can be also used in nursery school, preschool, elementary school and high school. You can use this free money to educate yourself in environmental science, computer science or business management.

    There are also health care grants for people who have to face high medical bills. Yes, government grants can pay medical bills. Medical grants can pay for prescription drugs, nursing home, dental care, eyeglasses, mental and emotional disorder, learning disability, alcohol and drug abuse and more.

    There are also minority grants. These grants can help you to start a business. It can also pay for your college education. Minority grants can help people to buy a house. There are also grants for women.

    Business grants are for those people who want to start a business or expand an existing business. These grants can also pay for employee training, salaries, equipment financing, rent, legal expenses and more.

    Government grants are free money. If you need money for your business, you education, to pay medical bills or many other reasons, you should apply for free government grants.

    To support Singaporeans based in Lim Chu Kang in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

    SelfSponsored Training  For Individuals

    A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

    Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

    How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

    Eperformax Training Allowance

    Five Benefits of Leadership Development For Your Organization

    Capital funding for a small business is a very difficult process. This due to the fact that capital has become extremely restricted for small businesses due to the fact that the economy is difficult. As such angel investors, venture capita firms, and private equity groups, and related financing sources are reluctant to provide financing for small businesses that may not yield a significant profit on their investment. As such, it is imperative for you to showcase to a private funding source that your business has the ability to generate a substantial return on investment as it pertains to the funding that they will inject into your business. This is going to be a topic that we discuss time and time again as it relates to your ability to expand your business through capital investment.

    There are a number of ways that you can obtain capital funding for your small business. Foremost, you can seek a small business loan that will provide you with ability to launch or expand your business without having to sell a portion of your company to a third party. Many individual entrepreneurs like to receive debt funds due to the fact that the covenants allow them a great deal of flexibility as it relates to their business investments. As such, we strongly recommend that you continue to work with a small business adviser as it pertains to your ability to potentially receive a strong capital investment from a bank that is willing to lend against the assets of your firm on an ongoing basis as your business expands.

    In closing, capital funding for a small business can come in a number of different forms. We strongly recommend that you work with your certified public accountant as well as an attorney as it relates to your ability to effectively receive the financing that you need for the development and growth of your business. These professionals will be able to provide you with the expertise that is need in order to properly make a decision as what is the most economically viable financing model that is required of your business. Of course, you as the business person are going to need to make an informed decision as it relates to acquiring the business capital that you need for your business. In many of our future discussions, we are going to continue to discuss the issues that arise from seeking capital funding for a small business as well as focusing on how you many need subsequent rounds of capital on an ongoing basis.

    Who Should Attend ?

    Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

    How You Will Benefit ?

    You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Lim Chu Kang Singapore.

    In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.