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Point-of-Care Partners Adopts ESOP Ownership: Empowering Employees to Shape the Future of Health IT

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Health - Purple Foxy Ladies originally published at Health - Purple Foxy Ladies

Point-of-Care Partners Adopts ESOP Ownership: Empowering Employees to Shape the Future of Health IT
Point-of-Care Partners Adopts ESOP Ownership: Empowering Employees to Shape the Future of Health IT
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HOLLYWOOD, Fla., October 11, 2023 (Newswire.com) - Point-of-Care Partners (POCP), a prominent leader in Health IT, is thrilled to announce a momentous milestone in its two-decade history. In an exciting development, POCP has transitioned beneficial ownership to its dedicated employees through an Employee Stock Ownership Plan (ESOP).

This landmark transition underscores POCP's unwavering commitment to its workforce and recognizes the pivotal role its employees play in the company's success. CEO, Founder, and Managing Partner Tony Schueth remarked, "POCP has always been about its people, and establishing an ESOP is a way to honor employees for their stellar work and empower and reward them through shared equity for striving towards an even higher goal which is our shared devotion and passion toward transforming healthcare through advancing technology.” He added, “Keeping leadership and the overall team structure intact through this transition is exceptionally important. As we continue to grow, we also hope this structure will help attract new employees who share our mission and want to work as a team to overcome the barriers we face in healthcare." Tony will remain as the CEO and serve as chairman of the company’s board of directors.

According to The ESOP Association, while an ESOP is a retirement plan, it’s so much more than that. Through the ESOP, employees acquire shares in the company, thus becoming stakeholders in its future success. This ownership structure fosters a sense of engagement, loyalty, and shared responsibility among employees, driving the organization forward.

The ESOP Association reports that companies with ESOPs tend to experience higher levels of employee engagement, leading to increased productivity and innovation. Moreover, employees of ESOP companies often realize higher total compensation and accumulate greater savings compared to their counterparts in non-ESOP organizations.

While the transition to the ESOP is a huge advancement for POCP employees, POCP believes that clients who are already accustomed to a high level of service, expertise, and critically important insights from its work will also benefit. According to the ESOP Association, there is less turnover in companies beneficially owned by employees, and such employees tend to be more engaged and committed, delivering service at a higher level. 

This transition to an ESOP marks an exciting chapter in POCP's journey, one that underscores its commitment to its employees and its mission of advancing healthcare through innovative technology solutions. While the senior leadership structure and employee-centric management approach remain the same, the ESOP allows POCP to dial up employee engagement and continue its legacy of excellence in Health IT while empowering its workforce to shape a brighter future for the healthcare industry.

About Point-of-Care Partners

Point-of-Care Partners (POCP) is a leading health IT management consulting firm assisting healthcare organizations across the healthcare ecosystem in the evaluation, development & implementation of winning health information management strategies in a rapidly evolving digital world.

Contact Information:
Melissa Bundy
Marketing Lead
melissa.bundy@pocp.com
404.245.5240


Original Source: Point-of-Care Partners Adopts ESOP Ownership: Empowering Employees to Shape the Future of Health IT

Health - Purple Foxy Ladies originally published at Health - Purple Foxy Ladies

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DocVA Launches Cutting-Edge Virtual Medical Assistant Services, Revolutionizing Healthcare Operations

DocVA Launches Cutting-Edge Virtual Medical Assistant Services, Revolutionizing Healthcare OperationsBoost Efficiency and Elevate Patient Care With DocVA’s New Virtual Assistant Services


FORT LAUDERDALE, Fla., July 18, 2024 (Newswire.com)
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Virtual Medical Assistant Provider Offers Tailored Solutions to Enhance Patient Care and Streamline Practice Operations

“The world of healthcare is constantly changing, and at DocVA, we’re committed to staying ahead of the curve,” said Nathaniel Barz, CEO of DocVA, who has a decade of experience delivering excellent customer service in the staffing industry. “Our mission is to help as many healthcare practices as possible in the U.S., Canada, and eventually the world by addressing the critical issues that arose post-COVID, such as staff burnout and shortages.”

Comprehensive Virtual Medical Assistant Services

DocVA’s range of services includes:

  • Virtual Medical Receptionist: Handling phone calls, scheduling appointments, managing prescription refill requests, and verifying insurance eligibility
  • Virtual Medical Billing and Insurance Assistant: Managing payments, insurance verification, claims submissions, and pre-authorizations
  • Virtual Medical Assistant: Updating medical records, coordinating with other providers, and fielding patient questions
  • Virtual Medical Scribe: Providing real-time documentation during patient exams, ensuring EMRs stay current

Benefits for All Stakeholders

By partnering with DocVA, healthcare providers can expect:

  • Improved office efficiency and smoother daily operations
  • Enhanced patient satisfaction through elite-level customer service
  • Significant cost savings compared to hiring in-house staff
  • HIPAA-compliant services that ensure patient privacy and data security
  • Flexibility to scale support based on practice needs
  • Reduced staff burnout and improved work-life balance
  • Increased profitability for practices

“Our virtual assistants create a win-win-win situation,” Nathan added. “Staff love it, doctors love it, and patients love it. We’re not just improving healthcare operations but also providing opportunities for people in developing countries to achieve an upper-middle-class lifestyle.”

About DocVA

DocVA is a seasoned virtual medical assistant staffing leader, with two years of specialized experience in the healthcare industry. Our team has placed thousands of virtual medical assistants in different practices across the U.S. Building on lessons learned from previous ventures, DocVA is dedicated to constant improvement and innovation. By leveraging cutting-edge AI technology and a team of highly skilled professionals, DocVA enables medical practices to streamline operations, improve patient care, and reduce operational costs.

Discover more about how DocVA is revolutionizing healthcare support at https://docva.com or contact:

Contact Information:

Nathaniel Barz 

Founder & CEO 

DocVA

clientmanager@docva.com
+1 (954) 304-9702
110 E. Broward Blvd., Suite 1700, Fort Lauderdale, Florida 33312, United States

Contact Information:

Nathaniel Barz

CEO

nbarz@docva.com

+1 (954) 304-9702

Original Source:

DocVA Launches Cutting-Edge Virtual Medical Assistant Services, Revolutionizing Healthcare Operations

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