Company Overview

With our roots in healthcare MIS 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 for healthcare... portable to many other industries.

Company Information

Additional Details

Legal Name: Ormed Information Systems Ltd.

Number of Employees: 30

Contacts

Services

• Automation Strategies/Strategic Information Plans - C15500
• Computer Software And Services - Code Generators
• Computer Software And Services - Custom System Development
• 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.

• Computer Software And Services - Financial Analysis
• 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.

• Computer Software And Services - Value Added Reselling
• Cost Control/Containment - C12300
• Evaluation Of Existing Facilities - C10100
• Facility Planning/Design - C10300
• Financial Systems Development And Maintenance - C13500
• General Accounting/Auditing - C12000
• General Administration - C11900
• Health Financial Systems Planning - D11500
• Human Resources Management - C14200
• Information Systems/Computer Processing - C15400
• Inventory/Materials Management/Logistics - C12900
• Management Information Accounting - C12200
• Management Information Systems (mis) - C15300
• Management Of Supply And Equipment - C12800
• Microsoft Solution Provider
• Ormed X Easy Pay

  Automated invoice reconciliation/payment system

• Planning/Policies - B10200
• Procurement And Contracting - C16100
• Program Evaluation - B12100
• Resource Allocation - C12700
• Statistical Analysis - C15200
• Tendering - C10600

Products

• Administration/Management - B10300
• Computer Software And Services - Accounts Payable - Receivable
• 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.

• 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.

• 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.

• 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.

• Computer Software And Services - Financial Information Systems

  PRESTO Healthcare Business Management System

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.

• Computer Software And Services - Screen Generators
• 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.

• Computer, Patient Data Manageme
• Computer, Software, Hospital/Nu
• 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.

• Ormed Mis

  MIS software (integrated)

• Ormed X

  E-commerce B2B Internet portal

• 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.

NAICS Categories

• 541510 Computer Systems Design and Related Services

Additional Information