Mt Laurel, NJ – October28, 2015 - Hallmark Healthcare Solutions, LLC is pleased to announce the release of Heisenberg II, a cloud-based solution that enables health systems and physician groups to more efficiently develop, manage and evaluate their physician compensation plans.
Neeraj Isaac, Chief Technology Officer at Hallmark Healthcare Solutions, said that currently, most healthcare systems operate compensation plans on disconnected systems and manual processes. This, she added, results in significant challenges with developing and administering market-competitive and legally compliant compensation strategies.
"Keeping this in mind, we designed Heisenberg II as an integrated, cloud-based technology solution that allows a truly seamless process for assimilating physician compensation data, calculating compensation and thereby significantly reducing the time that is required to manage the compensation plan," she said. The Heisenberg II software solution is delivered as a SaaS model.
Isaac added, "Heisenberg II quickly becomes the 'system of truth,' as it's a pioneering product in the market with the ability to integrate compensation management, adjudication and benchmarking."
Heisenberg II is the first technology developed by Hallmark Healthcare Solutions working exclusively with healthcare providers.
Heisenberg II's robust infrastructure efficiently facilitates contract management, compensation plan development and revision, physician payment adjudication, market rate identification and collection of productivity and quality - related performance data.
"We look forward to expanding the current platforms features, continuing to assist transformational change in the physician compensation and management space," says Butcher.
Issac is the Principal and CEO of Hallmark Healthcare Solutions, and is the leader of the groups healthcare practice. He is actively involved in developing a physician compensation plan development and administration application. His experience of over 22 years encompasses a variety of strategic, business planning, and process improvement projects. He was the founder of Core3 Technologies,acquired by 3i Info- Tech a publicly traded firm (Formerly ICICI-INFOTECH). Issac received a master of business administration degree from Newport University and a master certificate in business management from A. B. Freeman School of Business at Tulane University, as well as a Bachelor of Science degree in engineering production/process from the University of Pune in India. He also holds a Lean Six Sigma Black Belt in Healthcare.