Archive for May, 2011
BOSTON (May 24, 2011) – HighRoads, the industry leader in employer health care regulation compliance and consulting, today announced that Perry Brandorff, who recently completed a 26-year leadership career at Hewitt Associates, has joined HighRoads’ Board of Advisors. Brandorff had most recently served as President of Hewitt Consulting from 2005-2008.
“Health care benefits administration continues to grow in complexity, a phenomenon I witnessed over several decades working in benefits consulting,” said Brandorff. “HighRoads’ use of automation and technology to achieve cost control and compliance, I believe, is the most effective method to address this complexity and offer employees the most cost effective plans available. I look forward to working with HighRoads to further innovate practices in health benefits management,” he added.
“Perry Brandorff is a great addition to our exceptional Board of Advisors,” said Michael Byers, CEO, HighRoads. “His leadership experience in consulting is of tremendous value to HighRoads as we continue to expand our services to both Fortune 1000 employers and the growing mid-market sector.”
Brandorff held various leadership positions during his Hewitt Associates career, including managing the U.S. Southwestern region, the European Region for five years, where he was based in Brussels, and most recently as President of Hewitt Consulting. During his tenure as President, he led over 5000 associates worldwide and was instrumental in significantly growing the Consulting Group’s revenue, while also adding global capability through a series of strategic acquisitions. In 2002, he was part of the executive team that took the company public. Brandorff also was a contributing author to the textbook “Fundamentals of Flexible Compensation.”
Brandorff joins fellow HighRoads Board of Advisors:
• Gary Lawson, formerly with Schering-Plough Pharmaceuticals
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The world’s leading employers choose HighRoads to gain complete control over their health care costs and compliance. With HighRoads’ service, employers have online access to benefits plan information and pricing, competitive benefits benchmarks, and complete benefits supply chain management. The privately-held company is headquartered in Woburn, MA. For more information, visit www.HighRoads.com.
Perry Brandorff Brings Seasoned Health Benefits Consulting Experience to the HighRoads Board
HighRoads, the industry leader in employer health care regulation compliance and consulting, today announced that Perry Brandorff, who recently completed a 26-year leadership career at Hewitt Associates, has joined HighRoads' Board of Advisors. Brandorff had most recently served as President of Hewitt Consulting from 2005-2008. "Health care benefits administration »
WASHINGTON, D.C. – May 23, 2011 – Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced the release of aspenONE 7.3 Manufacturing & Supply Chain software. New optimization innovations in Advanced Process Control, Planning & Scheduling, and Production Management & Execution, deliver improvements in user interfaces, analytics, reporting and diagnostics, and integration, and mobile access to operations information.
New aspenONE Manufacturing & Supply Chain Innovations
Production Management & Execution
Advanced Process Control (APC)
Petroleum Supply Chain
Manolis Kotzabasakis, Executive Vice President, AspenTech
“AspenTech continues to invest aggressively to provide innovations for the manufacturing and supply chain community. With this latest release of aspenONE Manufacturing & Supply Chain software, we have delivered innovations that accelerate time-to-value and improve decisions, from the new Aspen Mobile IP.21 software to improvements in user interfaces, analytics, reporting and diagnostics, and integration. The new release is filled with innovative new functionality that helps our customers optimize their operating and financial results.”
AspenTech is a leading supplier of software that optimizes process manufacturing – for energy, chemicals, pharmaceuticals, engineering and construction, and other industries that manufacture and produce products from a chemical process. With integrated aspenONE solutions, process manufacturers can implement best practices for optimizing their engineering, manufacturing and supply chain operations. As a result, AspenTech customers are better able to increase capacity, improve margins, reduce costs and become more energy efficient. To see how the world’s leading process manufacturers rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.
AspenTech Announces Release of aspenONE® V7.3 Manufacturing & Supply Chain Software
Optimization Innovations in Advanced Process Control, Planning & Scheduling, and Production Management & Execution Deliver Mobile Access, and Improvements in User Interfaces, Analytics, Reporting, Diagnostics and Integration »
BOSTON – May 11, 2011 – Aquent, the global leader in marketing and design staffing, is excited to announce the launch of its new division, Vitamin T, making it easier than ever to connect design-minded companies with exceptional digital creative talent for contract assignments.
Vitamin T will provide mid-sized and ad agency clients with faster and easier access to in-demand digital talent. The division will focus on key functions in the creative field, including UX designers, mobile app developers, content specialists, front-end developers, and Flash designers. In addition, specialized Vitamin T agents will focus on recruiting the best digital talent in major talent centers and anticipating their customers’ evolving skill set needs. Vitamin T will also simplify the process of working with a staffing agency, providing ease of access to connect with agents through live website chats, simplified contracts, and flexible billing procedures.
“Today’s customers expect personalized, real-time service that helps them meet their goals,” said Susie Hall, president of Vitamin T. “With Vitamin T, our clients get the global reach of Aquent’s incredible network of digital creative talent and a dedicated, localized team who understands their business.”
Aquent developed Vitamin T based on an urgent need in this niche industry: fast access to highly qualified digital creative talent. After more than a year of customer and talent research, Aquent found that digital creative talent is central to their mid-sized and ad agency customers’ business, yet these firms find recruiting and retaining that talent a significant challenge.
“Since our founding, we’ve pioneered changes in the marketing and creative staffing marketplace,” said Ann Webster, president of Aquent. “The launch of Vitamin T gives our mid-market and ad agency clients a division that is solely dedicated to their unique needs, while Aquent concentrates on marketing and creative staffing solutions for large global corporations. We’re thrilled about the benefits this will bring to all our clients and talent.”
Starting with approximately 500 clients based in cities throughout North America and the UK, Vitamin T is expected to grow. By the end of 2013, the Vitamin T business is expected to double, with half the growth coming from emerging skills such as user experience, standards-based web design, and mobile development. To learn more about Vitamin T, please visit www.vitamintalent.com.
About Vitamin T
Vitamin T is a division of Aquent, the global marketing and design staffing company. The brand was launched to serve mid-sized companies and ad agencies. Through Vitamin T, customers work with specialized agents to secure in-demand digital talent across more than a dozen functional areas, including user experience, standards-based web design, and mobile development. They also benefit from flexible processes built for the needs of growing companies and ad agencies. Vitamin T works with hundreds of companies and a wide network of digital creative talent.
Aquent launches new division Vitamin T
Aquent, the global leader in marketing and design staffing, is excited to announce the launch of its new division, Vitamin T, making it easier than ever to connect design-minded companies with exceptional digital creative talent for contract assignments. »
MCRC is pleased to announce a new investment in Micorp LLC, a privately held company headquartered in Auburn, MA. Founded in 1988, Micorp is a value-added distributor and installer of automotive electronics and trim options to new and used car dealerships in the New England area. Products include electronic and interior features such as remote car starters, vehicle tracking and recovery systems, navigation systems, back-up cameras, leather seats and trim, moon/sun roofs and video systems. Mass. Capital provided Micorp with mezzanine capital that was used to support a recapitalization of the company led by Castle Island Partners.
April 2011 Newsletter
MCRC is pleased to announce a new investment in Micorp LLC, a privately held company headquartered in Auburn, MA. Founded in 1988, Micorp is a value-added distributor and installer of automotive electronics and trim options to new and used car dealerships in the New England area. Products include electronic and interior features such as remote […] »
Using the company’s industry-leading Web-based software-as-a-service (SaaS) application to streamline patient transitions, Bennett’s team cut preventable readmissions by 5 percent in one year. Bennett credits the portfolio of 30 standard weekly and monthly reports provided by Curaspan as the catalyst for that improvement.
Over a 12-month period, IU Health Bloomington reduced readmissions from SNFs by 5 percent, especially significant since SNFs make up 58 percent of discharge volume. Readmissions from hospice were down 12 percent and readmissions from home health with services were down 4 percent.
“The detailed readmissions reports provide important insights that contribute to better outcomes,” says Bennett. ”Data about readmission rates by post-acute provider, for example, help us manage and improve these important relationships.”
Reports Lay the Groundwork for an ACO.
Collaboration with post-acute providers to improve clinical outcomes is an important step as IU Health Bloomington works to create an ACO, a priority for the facility’s senior leadership.
“It’s all about performance,” says Bennett. “We need this data. We can’t go down the ACO path without it, and that’s a big initiative for us.”
When Bennett first started reading the reports and identifying trends linked to patient transitions, she knew she could target efforts to fine-tune coordination with post-acutes to support the ACO initiative.
“The data helps ensure we’re focused on the right things, like holding our providers accountable to our standard of quality patient outcomes,” says Bennett. “The reports are one of the main reasons we went with Curaspan. Of course we love the software — it’s quick and easy to use — but the back-end reports help us document trends and give us the insight we need to make sure our postacutes are performing as we expect.”
Data Spurs Benchmarking, Dialogue, Change.
Especially important to Bennett was identifying which post-acute providers receive a high volume of referrals but have a low acceptance rate.
After reviewing the readmissions reports, Bennett initiated meetings with several key post-acute providers to share their results against the blinded, aggregate data of their competitors.
“Having the data was powerful,” says Bennett. “They could see their readmissions data and how they were doing against other post-acutes. This created an open dialogue and they said they would like to see the reports on a regular basis. They know we give them a lot of referrals. If they’re not getting our patients, this hurts their business. Having this information allows us to work better with our post-acutes.”
Evidence, Not Intuition, For Better Outcomes.
Bennett adds that reports that show reasons for declines and delays, such as insurance denials, are especially powerful in providing an understanding of which post-acute providers impact patient flow. That’s key for IU Health Bloomington’s 350-bed facility, which serves 10 counties in south central Indiana.
“We’re carefully reviewing the declines and percent of declines by provider to identify trends we need to address,” says Bennett.
“These reports allow me to see so much detail about who’s taking my referrals and why they’re not. Looking at acceptanceto-booking by payer reports and the ones with declineand-delay reasons provide a level of detail we need to have. Why are my referrals being declined? The reports give me this insight.”
Calculate Your ROI
By automating many of the manual, labor-intensive processes involved with transitioning patients from one level of care to another, Curaspan can help save a hospital millions of dollars per year. See for yourself. Calculate the numbers for your hospital, and get a detailed summary of your potential savings.
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Learn more about how Curaspan Health Group builds secure patient-transition networks for hospitals, post-acute providers and suppliers to optimize patient care. Call 800-446-9614, or e-mail Info@Curaspan.com.
With Curaspan, Indiana University Health Bloomington Cuts Readmissions, Prepares for ACO
Using the company’s industry-leading Web-based software-as-a-service (SaaS) application to streamline patient transitions, Bennett’s team cut preventable readmissions by 5 percent in one year. Bennett credits the portfolio of 30 standard weekly and monthly reports provided by Curaspan as the catalyst for that improvement. »
Bedford, Massachusetts, April 14, 2011 – wTe Corporation announced today that its Spectramet® subsidiary has completed the design, manufacture and installation of its first commercial scale proprietary ZebraSort™ metal alloy sorter. The system, developed in conjunction with National Recovery Technologies, Inc., is targeted at sorting metal alloys from the mixed non?ferrous materials generated by automobile shredders and waste?to?energy facilities. The initial system is located at Spectramet’s technical research center located in Greenfield, MA, and will be dedicated to processing mixed non?ferrous metals from various sources.
The ZebraSort™ system is the next step in a platform of metals sorting technologies developed by wTe and NRT through their Spectramet® venture. ZebraSort™ further expands the existing Spectramet® product line, which includes the AlloySort™ system, the ZSort™ system and other related technologies. In the coming year, Spectramet® intends to further expand the technology platform to also target small particle sizes through its proprietary ChipSort™ system, while also looking at molten metal applications with its Melt Cognition™ technology.
Dr. David Spencer, wTe’s Chief Technical Officer, commented that “The new ZebraSort™ system gives us a leading position in the sorting of mixed metals generated by auto shredders and waste?to? energy plants. We believe that this family of technologies will largely replace the wet systems and manual sorting methods currently used in many overseas markets.” As a result of this project, Dr. Spencer suggests that there will be less United States dependence on supplies of strategic virgin metals recovered at primary refineries from ore (most of which are purchased abroad), there will be substantial energy savings from use of scrap rather than ore and virgin metals, and there will be greatly reduced emissions because secondary smelting consumes much less energy than primary production followed by remelting.
Scott Mellen, President and CEO, added, “While the Asian and Indian markets currently import most of these mixed metals to support a manual labor strategy, we firmly believe that automated sorting technologies will gradually replace manual techniques over the next five to ten years. wTe and NRT intend to capitalize on this trend by developing opportunities to build, own and operate sorting systems or enter into strategic licensing or partnership arrangements in strategic applications and geographies.”
Dr. Edward Sommer, President of NRT, commented on the crucial role of the federal government in assisting Spectramet’s technology development platform, noting that “The National Science Foundation and the ATP and TIP Programs at the Department of Commerce have been very supportive of our development efforts. While wTe and NRT funded the vast majority of the ZebraSort™ development, our current $11.4 million TIP program and several National Science Foundation projects have been crucial to the development of the Spectramet® platform. There is no doubt that these technologies will improve the competitive position of the United States in the manufacturing sector going forward.”
About wTe Corporation
wTe Corporation is a technology?driven recycling company located in Bedford, MA. The Company operates downstream plastics and metals recycling and refining operations in several locations in North America. Spectramet® LLC is a company owned by wTe Corporation and National Recovery Technologies, Inc. Spectramet® is a world?wide leader in the development of high speed sorting systems using a platform of x?ray based and other sorting technologies. Melt Cognition™ LLC, a joint venture with Energy Research Co., Staten Island, NY and Materials Strategies, Inc., Worcester, MA, promotes development and sale of optoelectronic equipment for continuously measuring liquid metal composition and controlling melt chemistry on?line.
For more information, please visit www.wte.com.
wTe Corporation Introduces ZebraSort™ Syste
Bedford, Massachusetts, April 14, 2011 - wTe Corporation announced today that its Spectramet® subsidiary has completed the design, manufacture and installation of its first commercial scale proprietary ZebraSort™ metal alloy sorter. The system, developed in conjunction with National Recovery Technologies, Inc., is targeted at sorting metal alloys from the mixed non?ferrous materials generated by automobile shredders and waste?to?energy facilities »