Last Updated: 2013-02-12

Ormed Information Systems Ltd

Company information

Legal Name:   Ormed Information Systems Ltd.
Operating Name:   Ormed Information Systems Ltd
Mailing Address 1453, 91 St SW EDMONTON, Alberta T6X 0W8	Location Address 1453, 91 St SW EDMONTON, Alberta T6X 0W8
Telephone: (780) 482-7200
Toll Free Phone: 1-888-464-3172
Fax: (780) 482-6886
Email: info@ormed.com
Website URL: http://www.ormed.com

Contact information

Christina Medynski
	Title:   Administrator
	Area of Responsibility:   Administrative Services
	Telephone:   (780) 482-7200
	Fax:   (780) 482-6886
	Email:   info@ormed.com
Steve Caughers
	Title:   Vice President
	Area of Responsibility:   Export Sales & Marketing
	Telephone:   (780) 482-7200
	Fax:   (780) 482-6886
	Email:   info@ormed.com
Robert Lozeron
	Title:   Representative
	Area of Responsibility:   Domestic Sales & Marketing
	Telephone:   (780) 482-7200
	Ext:   659
	Fax:   (780) 482-6886
	Email:   bob_lozeron@ormed.com
Chris Sherback
	Title:   Chief Executive Officer
	Area of Responsibility:   Management Executive
	Telephone:   (780) 482-7200
	Fax:   (780) 482-6886
	Email:   info@ormed.com

Company description

With our roots in healthcare MIS (Management Information Systems) solutions and our focus on hospitals and healthcare regions, we develop, implement, maintain, and support fully integrated ORMED MIS software and the ORMED X B2B internet portal to increase efficiency, financial control, and peace of mind. Built exclusively for healthcare.
Country of Ownership:	Canada
Year Established:	1989
Exporting:	Yes
Primary Industry (NAICS):	541510 - Computer Systems Design and Related Services
Primary Business Activity:	Services
Total Sales ($CDN):	$5,000,000 to $9,999,999
Export Sales ($CDN):	$1,000,000 to $4,999,999
Number of Employees:	40

Product / Service / Licensing

Product Name:	Administration/Management - B10300
Product Name:	computer, patient data manageme
Product Name:	computer, software, hospital/nu
Product Name:	COMPUTER SOFTWARE AND SERVICES - ACCOUNTS PAYABLE - RECEIVABLE
Accounts Payable Two-way interface to Materials Management for invoice reconciliation removes the need to code and key most vendor invoices. Table driven accounting means automated coding errors need only be adjusted once and the errors never occur again. Multiple integrated banking allows several banks to be used for different funds and facilities, or all operations can be run from a single bank without the use of due to/due from journal entries. Accounts Receivable HL7 compliant import routines from third party clinical systems allow automated keying of client activities and updating of client demographics. On-line interactive aged trial balance allows advanced receivable management through transaction drill down, on-line activity adjustment, client conversation recording, client and guarantor record editing, and assignment of system alerts for customer call backs. Detailed adjustments can be made on virtually any transaction with relative ease. Multiple sub-receivable ledgers may be defined based on user needs and the risk inherent in account collectible.
Product Name:	COMPUTER SOFTWARE AND SERVICES - ASSET MANAGEMENT
Asset Management Suite The PRESTO Asset Management Suite provides the tools necessary to manage the budgeting, procurement, maintenance, depreciation and accounting for capital and non-capital assets. Asset Management Fully integrated to Materials Management program to facilitate asset purchasing and recording. Micro Maintenance package included for asset maintenance within smaller organizations. Accurate tracking, accounting and reporting on asset management activity considerably reduces the time and cost associated with annual audits. Maintenance Provides (and optionally allocates) accurate labour and material costs directly to consuming cost centres. Allows access to each cost centre to generate demand work orders and automatically notify maintenance personnel of work orders pending. Tracks detailed information on maintenance personnel for automatically assigning, tracking and costing all work orders.
Product Name:	COMPUTER SOFTWARE AND SERVICES - DECISION SUPPORT
Decision Support Suite Fully integrated with the PRESTO system, the Decision Support Suite delivers unparalleled ease-of-use, seamless integration, extensive file sharing, and a single point of data entry - eliminating the cost of acquiring and managing a separate data repository. Discovery EIS Report Wizards automatically build user-defined detailed and summary cost center reports in minutes. Spreadsheet functionality removes the learning curve and allows you to produce reports with little or no training. Workbooks of reports are built and deployed only once, allowing managers to recalculate spreadsheet values for any accounting period they desire. Double click drill down provides read-only access to all source transactions within the PRESTO subsystems. Read and write access to General Ledger budget data makes this a powerful budgeting tool. Case Costing Provides comprehensive client-specific costing information by case, case mix group, or physician. Seamless integration with the PRESTO General Ledger means simplified implementation and use. Allocates overhead costs to client care cost centers based on user-defined variables. Imports clinical and statistical information from third party clinical information systems.
Product Name:	COMPUTER SOFTWARE AND SERVICES - EXECUTIVE INFORMATION SYSTEMS (EIS)
Discovery EIS Report Wizards automatically build user-defined detailed and summary cost center reports in minutes. Spreadsheet functionality removes the learning curve and allows you to produce reports with little or no training. Workbooks of reports are built and deployed only once, allowing managers to recalculate spreadsheet values for any accounting period they desire. Double click drill down provides read-only access to all source transactions within the PRESTO subsystems. Read and write access to General Ledger budget data makes this a powerful budgeting tool.
Product Name:	COMPUTER SOFTWARE AND SERVICES - FINANCE, ACCOUNTING, AND MANAGEMENT, OTHER
An island of simplicity set within a complex and dynamic environment, the easy-to-learn, easy-to-use PRESTO system allows health care facilities to optimize key business processes quickly and efficiently. PRESTO can be fully installed and implemented in a fraction of the time of comparable sophisticated health care business software. Shorter training and implementation time translates into reduced risk and additional cost savings for your facility. Utilizing a fully integrated system ensures extensive file sharing, removes the duplication from data entry, eliminates the need for a data repository, and provides a consistent look and feel throughout all applications. The open systems architecture allows PRESTO to be broken down into smaller modules and interfaced with existing third party software. Report writers featured in all PRESTO modules allow you to generate custom reports as required. Entering into its second decade, and having completed thousands of successful installations, Ormed understands the complex needs of today's rapidly changing health care industry. Imagine a company that listens... Since its incorporation in 1989, Ormed Information Systems Ltd. has been a leader in the design and engineering of modular, multi-user and fully integrated Hospital Information Systems that operate on industry standard microcomputer networks. Over 250 health care facilities currently use Ormed's PRESTO applications to cost-effectively improve the efficiency of their operations. In total, more than 1000 PRESTO applications are installed in Canada and the United States. As an "open system" solution, the PRESTO Healthcare Business Management System readily connects to existing systems to provide a comprehensive information network for the enterprise and the local health care community. All products feature intuitive, state-of-the-art user interfaces, advanced features, and sophisticated integration that delivers unparalleled functionality. Fifteen products make up five suites of products. These five suites include Decision Support, Materials Management, Financial Management, Asset Management and Staff Management. Drawing upon Ormed's extensive experience in healthcare consulting, the PRESTO Healthcare Business management System is a full suite of integrated programs created to optimize the business operations of healthcare providers. PRESTO is designed, developed, implemented and supported by Ormed Information Systems Ltd.
Product Name:	COMPUTER SOFTWARE AND SERVICES - FINANCIAL INFORMATION SYSTEMS
PRESTO Healthcare Business Management System
Product Name:	COMPUTER SOFTWARE AND SERVICES - GENERAL LEDGER
Financial Management Suite The PRESTO Financial Management Suite ensures the complete, accurate and timely provision of financial information to internal and external audiences. Comprehensive system integration and file sharing eliminates double entry and streamlines your operations. General Ledger Account groupings may be used for reporting purposes, with sub-groups allowing you to define the exact drill down path for each account groupWild cards may be used to build Quick Form tables en masse. A single table can be used to build detailed reports for hundreds of completely different cost centres On-line drill down allows access to supporting journal entries and provides quick and easy account or account group analysis Standard on-screen reports allow immediate trend analysis for individual accounts or user-defined account groups State or provincially defined external reporting requirements are included for electronic reporting to government agencies. Accounts Payable Two-way interface to Materials Management for invoice reconciliation removes the need to code and key most vendor invoices Table driven accounting means automated coding errors need only be adjusted once and the errors never occur again Multiple integrated banking allows several banks to be used for different funds and facilities, or all operations can be run from a single bank without the use of due to/due from journal entries.
Product Name:	COMPUTER SOFTWARE AND SERVICES - HUMAN RESOURCES MANAGEMENT
Staff Management Suite PRESTO's Staff Management Suite contains all the tools to effectively manage any staffing elements pertinent in your organization. Features such as electronic staff budgeting and scheduling, automated time sheet entry, and comprehensive table driven controls save time and money for your organization. Payroll User-definable fields and formulas provide unparalleled functionality. Accommodates employees working within multiple cost centers, multiple unions, and multiple organizations. Provides position control management and variance analysis for cost center and consolidated reporting. Automatically produces retroactive pay calculations from contract settlement date. Staff Budgeting Staff schedules can be run for future fiscal years based on user-defined scenarios. Position control budgeting allows comprehensive staff budgeting regardless of staff turnover within the position. Writes the chosen scenario directly to budget fields within the General Ledger and Payroll applications. Staff Scheduling User-friendly graphical interface allows managers to do comprehensive staff scheduling within their particular cost centers. User-defined shifts and formulas allow the assignment of shift premiums and differentials so they occur automatically within the correct schedule. Human Resources User-defined fields allow for the addition of pertinent Human Resources information. Shares files with Payroll program for added ease-of-use and elimination of double keying. Allows you to develop and maintain a comprehensive skills inventory database. Comprehensive recruitment features include tracking of resume, job application, and job posting information.
Product Name:	COMPUTER SOFTWARE AND SERVICES - INTEGRATED ACCOUNTING
As an "open system" solution, the PRESTO Healthcare Business Management System readily connects to existing systems to provide a comprehensive information network for the enterprise and the local health care community. All products feature intuitive, state-of-the-art user interfaces, advanced features, and sophisticated integration that delivers unparalleled functionality. Fifteen products make up five suites of products. These five suites include Decision Support, Materials Management, Financial Management, Asset Management and Staff Management.
Product Name:	COMPUTER SOFTWARE AND SERVICES - INVENTORY CONTROL
Materials Management Suite The PRESTO Materials Management Suite is a powerful information system designed to give you the tools your organization needs to effectively manage the request, acquisition, control and distribution of supplies and equipment. Remote Requisitioning & Receiving Can be used internally for supply requisition or by independent third parties ordering supplies from the health care facility. Item request options and views can be customized by commodity and cost center for individual users. Hierarchical approval system allows user-defined ordering limits by requisition, supply commodity and cost center. Allows remote sites to electronically order, receive and return goods with a centralized warehouse for both catalogue and non-catalogued items. Materials Management Automated perpetual multiple site, multiple inventory system Two-way Accounts Payable integration eliminates invoice coding, streamlines invoice reconciliation, and adjusts inventory and usage data with reconciled invoice item cost. Consolidates stock, non-stock, non-file and capital items to a single purchase order. Full Electronic Data Interchange functionality from purchase order to payment. Automated inventory tracking and replenishment. Interfaces with hand-held data collectors, carousel systems, as well as supply and drug dispensing units. Vendor Contract Management Provides advanced tendering and vendor contract management functionality to eliminate double entry and streamline the tendering process. Tender documents can be distributed electronically to vendors for preparation of the RFP response. Electronic vendor responses are imported for comparative analysis and the automatic update of related Materials Management files. Inventory Sales Integrates fully with the Materials Management, Billing and Accounts Receivable programs to manage the sale of inventory to third party organizations. Allows tracking of revenues and profits by item, commodity and customer. Provides full order tracking including customer returns, credit invoices and restocking charges.
Product Name:	COMPUTER SOFTWARE AND SERVICES - MANAGEMENT INFORMATION SYSTEMS (MIS)
Financial Management Suite The PRESTO Financial Management Suite ensures the complete, accurate and timely provision of financial information to internal and external audiences. Comprehensive system integration and file sharing eliminates double entry and streamlines your operations. All PRESTO applications are MIS compliant.
Product Name:	COMPUTER SOFTWARE AND SERVICES - ORDER ENTRY, INVENTORY CONTROL, BILLING
Billing Billing modules are available by state and province to meet the unique requirements of each PRESTO client. Billing information can be passed on electronically to government, insurance companies and other billing agencies. Electronic deposit information can be reconciled on-line to original billing information, adjusted and resubmitted electronically as required.
Product Name:	COMPUTER SOFTWARE AND SERVICES - PAYROLL, BENEFITS
Staff Management Suite PRESTO's Staff Management Suite contains all the tools to effectively manage any staffing elements pertinent in your organization. Features such as electronic staff budgeting and scheduling, automated time sheet entry, and comprehensive table driven controls save time and money for your organization. Payroll User-definable fields and formulas provide unparalleled functionality. Accommodates employees working within multiple cost centres, multiple unions, and multiple organizations. Provides position control management and variance analysis for cost center and consolidated reporting. Automatically produces retroactive pay calculations from contract settlement date. Staff Budgeting Staff schedules can be run for future fiscal years based on user-defined scenarios. Position control budgeting allows comprehensive staff budgeting regardless of staff turnover within the position. Writes the chosen scenario directly to budget fields within the General Ledger and Payroll applications. Staff Scheduling User-friendly graphical interface allows managers to do comprehensive staff scheduling within their particular cost centers. User-defined shifts and formulas allow the assignment of shift premiums and differentials so they occur automatically within the correct schedule. Human Resources User-defined fields allow for the addition of pertinent Human Resources information. Shares files with Payroll program for added ease-of-use and elimination of double keying. Allows you to develop and maintain a comprehensive skills inventory database. Comprehensive recruitment features include tracking of resume, job application, and job posting information.
Product Name:	COMPUTER SOFTWARE AND SERVICES - PURCHASING
Materials Management Suite The PRESTO Materials Management Suite is a powerful information system designed to give you the tools your organization needs to effectively manage the request, acquisition, control and distribution of supplies and equipment. Remote Requisitioning & Receiving Can be used internally for supply requisition or by independent third parties ordering supplies from the health care facility Item request options and views can be customized by commodity and cost center for individual users. Hierarchical approval system allows user-defined ordering limits by requisition, supply commodity and cost center. Allows remote sites to electronically order, receive and return goods with a centralized warehouse for both catalogue and non-catalogued items. Materials Management Automated perpetual multiple site, multiple inventory system Two-way Accounts Payable integration eliminates invoice coding, streamlines invoice reconciliation, and adjusts inventory and usage data with reconciled invoice item cost. Consolidates stock, non-stock, non-file and capital items to a single purchase order. Full Electronic Data Interchange functionality from purchase order to payment. Automated inventory tracking and replenishment. Interfaces with hand-held data collectors, carousel systems, as well as supply and drug dispensing units. Vendor Contract Management Provides advanced tendering and vendor contract management functionality to eliminate double entry and streamline the tendering process. Tender documents can be distributed electronically to vendors for preparation of the RFP response. Electronic vendor responses are imported for comparative analysis and the automatic update of related Materials Management files. Inventory Sales Integrates fully with the Materials Management, Billing and Accounts Receivable programs to manage the sale of inventory to third party organizations. Allows tracking of revenues and profits by item, commodity and customer. Provides full order tracking including customer returns, credit invoices and restocking charges.
Product Name:	COMPUTER SOFTWARE AND SERVICES - SYSTEMS INTEGRATION
As an 'open system' solution, the PRESTO Health care Business Management System readily connects to existing systems to provide a comprehensive information network for the enterprise and the local health care community. All products feature intuitive, state-of-the-art user interfaces, advanced features, and sophisticated integration that delivers unparalleled functionality. Fifteen products make up five suites of products. These five suites include Decision Support, Materials Management, Financial Management, Asset Management and Staff Management.
Product Name:	Data Replication
Data Replication Multiple copies of the PRESTO database can be automatically synchronized with the central database to facilitate remote data entry and reporting. Only field specific information is replicated to remote databases, minimizing network traffic Allows clients to define replication frequency, timing, speed and cost.
Product Name:	ORMED MIS
MIS software (integrated)
Product Name:	ORMED X
E-commerce B2B Internet portal
Product Name:	Technology Utility Kit
Technology Utility Kit PRESTO Utilities -Program browsers allow Ormed HelpDesk support specialists to diagnose and correct data problems on line -System generated error logs identify system variables and diagnose problems electronically -Transaction tracking system creates automatic roll back of transaction data in the event of a workstation failure -Optimal software allows data to be reported and accessed over the Internet PRESTO's database is based on industry standard technology and is accessible through off-the-shelf report writers. Data Replication Multiple copies of the PRESTO database can be automatically synchronized with the central database to facilitate remote data entry and reporting Only field specific information is replicated to remote databases, minimizing network traffic Allows clients to define replication frequency, timing, speed and cost. The PRESTO Health care Business Management System operates on industry standard micro-computer workstations supporting Novell or Windows NT platforms. All PRESTO applications are designed to operate in both client/server or file/server environments.
Service Name:	Automation Strategies/Strategic Information Plans - C15500
Service Name:	COMPUTER SOFTWARE AND SERVICES - CUSTOM SYSTEM DEVELOPMENT
Service Name:	COMPUTER SOFTWARE AND SERVICES - EDUCATION AND TRAINING
PRESTO is designed, developed, implemented and supported by Ormed Information Systems Ltd. Shorter training and implementation time translates into reduced risk and additional cost savings for your facility.
Service Name:	COMPUTER SOFTWARE AND SERVICES - FINANCIAL ANALYSIS
Service Name:	COMPUTER SOFTWARE AND SERVICES - SYSTEMS CONSULTING
Drawing upon Ormed's extensive experience in health care consulting, the PRESTO Health care Business management System is a full suite of integrated programs created to optimize the business operations of health care providers. PRESTO is designed, developed, implemented and supported by Ormed Information Systems Ltd.
Service Name:	COMPUTER SOFTWARE AND SERVICES - VALUE ADDED RESELLING
Service Name:	Cost Control/Containment - C12300
Service Name:	Evaluation of Existing Facilities - C10100
Service Name:	Facility Planning/Design - C10300
Service Name:	Financial Systems Development and Maintenance - C13500
Service Name:	General Accounting/Auditing - C12000
Service Name:	General Administration - C11900
Service Name:	Health Financial Systems Planning - D11500
Service Name:	Human Resources Management - C14200
Service Name:	Information Systems/Computer Processing - C15400
Service Name:	Inventory/Materials Management/Logistics - C12900
Service Name:	Management Information Accounting - C12200
Service Name:	Management Information Systems (MIS) - C15300
Service Name:	Management of Supply and Equipment - C12800
Service Name:	Microsoft Solution Provider
Service Name:	ORMED X Easy Pay
Automated invoice reconciliation/payment system
Service Name:	Planning/Policies - B10200
Service Name:	Procurement and Contracting - C16100
Service Name:	Program Evaluation - B12100
Service Name:	Resource Allocation - C12700
Service Name:	Statistical Analysis - C15200
Service Name:	Tendering - C10600

Market profile

Alliances:

• Financial
• Sales/Marketing
• Technology

Industry sector market interests:

• Information Technology and Telecommunications
• Medical/Biotechnology/Chemical

Geographic markets:

Export experience:

• United States

Actively pursuing:

• Virgin Islands (U.S.)

Sector information

Distribution of employees

Alberta, Ontario, British Columbia, Minnesota

Unique applications:

Fully integrated MIS software... seamless integration between applications significantly eliminates redundant data entry, errors, and effort. Drill-down to the source transaction and account for full visibility. Instant reporting. Real-time communication among all stakeholders increases accuracy and keeps everyone informed without information overload

Key / Major clients:

Bethany Care Centre (Calgary, AB)
Capital Care Group (Edmonton, AB)
Aspen Health Authority (AB)
Arthritis Society (BC)
Northern Health Authority (BC)
St. Joseph's General Hospital (Comox, BC)
St. Michael's Centre (BC)
Community Home Support
Burntwood Regional Health Authority (MB)
Churchill Regional Health Authority (MB)
NOR-MAN Regional Health Authority (MB)
Winnipeg Regional Health Authority -- Concordia Hospital, Misericordia Hospital, Riverview Hospital, Salvation Army Grace Hospital, Seven Oaks Hospital, St. Amant Hospital, Victoria Hospital (Winnipeg, MB)
Fort Smith Health and Social Services (Fort Smith, NT)
Hay River Health Board (Hay River, NT)
Inuvik Regional Health Board (Inuvik, NT)
Stanton Regional Health Board (NT)
Nova Scotia Health -- DHA 8, 4, 5, 6; Eastern Regional Health Board , Western Regional Health Board (NS)
Baffin Regional Hospital (NU)
Algonquin Hospital (Huntsville, ON)
Cochrane Temiskaming Children's Hospital
Five countires Children's Hospital (ON)
Grand River Health Corp. (ON)
Grandview Children's Hospital (ON)
Grey Bruce Health Services (Owen Sound, ON)
Haldimand War Memorial Hospital (ON)
Hamilton-Wentworth CACC (Hamilton-Wentworth, ON)
James Bay Hospital (Moosonee, ON)
Keptville Hospital (ON)
Landsdowne Children's Hospital (ON)
Leamington Hospital (ON)
Niagara Peninsula Children's Hospital (Niagara, ON)
North Wellington-Louise Marsha Hospital (ON)
Northumberland Health Care (ON)
Pathway's Children's Hospital (Sarnia, ON)
Salvation Army Grace Hospital (Toronto, ON)
Sault Area Hospitals (Sault Ste. Marie, ON)
South Bruce Grey Health Centre (ON)
South Muskoka Memorial Hospital (ON)
St. Thomas-Elgin General Hospital (ON)
Thames Valley Children's Hospital (ON)
Weeneebayko Health Ahustakaywin (ON)
West Lincoln Memorial Hospital (ON)
West Parry Sound Health (Parry Sound, ON)
Windsor Hotel Dieu Grace Hospital (Windsor, ON)
Lake of the Woods District Hospital (ON)
Providence Continuing Care Centre (ON)
Hanover District Hospital (ON)
Ross Memorial Hospital
Sioux Lookout Hospital (ON)
Riverside Memorial Hospital (ON)
St. Elizabeht's Hospital
Keewatin Yatthe Health (SK)
Kelsey Trail Health Region (SK)
M.D. Ambulance (SK)
Mamwetan Hospital (Churchill-La Ronge), SK
Prairie North Health Region (SK)
Saskatoon Community Clinic (Saskatoon, SK)
Valley View Centre (SK)
Fairchild Medical Center (CA)
Southern Ohio Medical Center (OH)
Glen Rose Medical Center (TX)
Trinity Mother Francis Hospital (TX)
Richardson Medical (TX)
Advanced Healthcare (WI)
Downtown Hospital (NY)
Marion Hospital

Success stories:

Significant efficiency gains increase productivity and profitability by re-engineering business process -- finance management, business intelligence, supply chain management -- e-commerce, payroll and human resources management, and systems management.