Presentation on theme: "Ravi Shakamuri Star Tech Group. Star Tech Team: ◦ Venu Yankarla: Senior I.T. Manager ◦ Vasu Polu: I.T. Manager Star Tech Team Business Background:"— Presentation transcript:
Ravi Shakamuri Star Tech Group
Star Tech Team: ◦ Venu Yankarla: Senior I.T. Manager ◦ Vasu Polu: I.T. Manager Star Tech Team Business Background: ◦ Home Based Services ◦ Medical Transcription Services ◦ Star Health Card Services ◦ Acclaim 2.0 Education ◦ Star Care India Presentation Outline: ◦ Handout Structure / Presentation / Discussion / Survey
Budget Lockdown in D.C. Budget slashing in every State. Tsunami / Earthquake in Japan Middle Eastern Crisis World-wide Financial Crisis Mortgage Crisis in USA September 11, 2001 Attack Tech Bubble of 2000
Egypt Yemen Bahrain Syria Kuwait Saudi Arabia Iran Cause: Unemployment of Educated Youth No Middle Class Growth
$50 Trillion Asset Value Lost Headlines: ◦ A Nation of dropouts ◦ State of education significant contribution ◦ Must generate long-term economic growth to pay off large sums of debt ◦ An unskilled work force makes that hard. Country: Portugal on the brink of breakdown Countries with systemic risk: PIIGS Portugal, Ireland, Iceland, Greece, Spain
The rich world cannot afford another crisis Managing natural/financial disasters unmanageable. Average Debt of Central Govt: 74% of GDP ◦ Triple the level of 1974
Portugal Woes: ◦ Pile of debt: 90% of GDP ◦ Uneducated Population ◦ No manufacturing base ◦ Slow growth over a decade Education System: ◦ Calcified Bureaucracy ◦ Immigrants Issue ◦ Evaluation Teachers Resulted in 2008 strikes. ◦ Deep cuts in school budgets
China 2 nd largest economy in China projected to be the largest economy by 2020 / China: ◦ Growing Middle Class ◦ Educated Workforce ◦ Low Cost Labor A reflection of the post WWII track of USA.
India: 10 working people support 5 children and one adult. ◦ In 15 years: 10 w.p. support 4 children and 1 adult. Reverse Trend in U.S.A. India: ◦ Growth rate chasing china Demographic Benefit Growth Benefit Middle Class Growth Internal Market Growth Raising standards
Vanishing middle class 1970: ◦ 75% from Wages ◦ 14% Interest /Dividend ◦ 8% Govt. Benefits 2010: ◦ 64% from Wages ◦ 18% Govt. Benefits Consumption: ◦ 85% from labor in 1970 ◦ 61% from labor in 2010
Reversal In Employment Trends Employees in Government Sector22.5 M8.70 M Employees in Manufacturing Sector11.5 M15.0 M
$ 1Trillion of $ 2.2 Trillion Govt. Spending for pay and benefits. Every state except Indiana & Wisconsin have more on govt. payroll than manufacturing. California :2.4 M Govt. Employees ◦ Twice as many as in manufacturing School Spending being watched: 1970 to 2005: ◦ School spending per pupil (adj. inflation) doubled. ◦ Standardized Achievement Test Scores flat. ◦ Employment in schools doubled.
Immediate spending cuts: 2 to 5 year period. Every country is pulling jobs locally ◦ Thanks to technology! One cannot cut yourself to greatness One cannot bail yourself out with a pail Growth is the only option / requires ed. workforce Innovate your way out: Technology system support Where is the blind spot? ◦ For our children? ◦ For our future?
Strong Community Leadership ◦ Manage the crisis to stabilize today. ◦ Leverage the crisis to secure tomorrow. ◦ Around the curve / extended vision guidance. Prepare for the blind spots: short term / long term. Every crisis is an opportunity ◦ Shakes up the organization out of the zone of comfort. ◦ Resistance to change is minimized. ◦ Turf wars become secondary. ◦ Organization solidarity to face a common threat! ◦ Prepare for the unexpected!
Government driven employment model: Out Escalation of benefits from Govt.: Out Lifetime tenure at work: Out Lifetime career: Out Structured work environment: Out Structured productivity expectations: Out Result: ◦ Project management career model ◦ Career productivity demonstration: frequently ◦ Flexible work assignment: 24/7/365 ◦ Retirement / 401K benefit model out. ◦ Continuous educational qualifications matter.
NOT AT FEDERAL LEVEL ONLY POSSIBLE BY TAKING CHARGE IN OUR OWN COMMUNITY!
Transformed Discoverers with great wealth! 1 st & 2 nd Generations Benefited. A successful upper & middle class created. Transformed Texas into a power house. Industry Transformation: ◦ Entry of the multinationals. ◦ Consolidation of regional players. ◦ Consolidation of management positions. ◦ Revival of the fields at high price points. ◦ Service related job swings a new norm. ◦ Industry creates a passing lifestyle. ◦ Not staying wealth.
Mission Statement: ◦ We, the leadership of Permian Basin will drill through the assumptions and bureaucracies of our education model to tap into the intrinsic energies of our students & their parents in Black Gold II. ◦ We will come together as one in this community to bring most innovative technologies to unleash the passion of our community, just as we did earlier. Vision Statement: ◦ We, the leadership will create an environment of learning that easy to use, flexible to meet individual needs and affordable by all – seamless education from K to College. Education for lifetime.
Every work opportunity in Permian Basin will be filled by qualified, community graduates. ◦ Defines the immediate scope of service focus. ◦ Aligns with current market demands. ◦ Supports service level jobs, majority in the field. Every job that can be done in the Permian Basin, will find a qualified graduates. ◦ Prepares to bring skilled jobs of digital economy. ◦ Retains jobs in the Permian Basin. ◦ Creates the base on which a middle class can grow again.
Partner without borders across institutions. Integrate community leadership. ◦ May lead to more questions than answers. ◦ A dialogue of relevant questions is a great start. Reposition Institutional Approach. ◦ Experiment with Consumer Centric Model. ◦ Create a ‘value system’ on a technology platform. ◦ Provide guidance / flexibility at the individual level. ◦ Institution as a resource. Respect Institution Independence. Reinvent the passion of BGI that brings out the best in our leadership, institution & community.
We are not afraid of being silly. We are not afraid of making a mistake. We are committed to succeed … or else ◦ SEPPUKU is always on option ◦ … JUST KIDDING !!!! We want to make education & healthcare easy to use. We want to facilitate the creation of a health record & education record for every individual. Surprisingly.. We are far ahead of everyone else in the Country … and may be in the world.
PRIMARY CARE PHYSICIANS PRIMARY CARE N.P. & P.A. SPECIALTY CARE PHYSICIANS OUT PATIENT SERVICES INPATIENT SERVICES STEP DOWN UNITS / LTC SKILLED NURSING FACILITIES HOME HEALTH SERVICES PRIMARY CARE PHYSICIANS / N.P. & P.A. MANAGE ENTIRE FAMILY SPECIALTY CARE PHYSICIANS OUT PATIENT SERVICES INPATIENT SERVICES STEP DOWN UNITS / LTC SKILLED NURSING FACILITIES HOME HEALTH SERVICES PRIMARY CARE PHYSICIANS PRIMARY CARE N.P. & P.A. GLOBAL FEE: SPECIALTY PHYSICIANS & HOSPITAL BASED SERVICES STEP DOWN UNITS / LTC SKILLED NURSING FACILITIES HOME HEALTH SERVICES PRIMARY CARE PHYSICIANS PRIMARY CARE N.P. & P.A. SPECIALTY CARE PHYSICIANS OUT PATIENT SERVICES INPATIENT SERVICES STEP DOWN UNITS SKILLED NURSING FACILITIES HOME HEALTH SERVICES PRIMARY CARE PHYSICIANS PRIMARY CARE N.P. & P.A. SPECIALTY CARE PHYSICIANS OUT PATIENT SERVICES INPATIENT SERVICES HOME HEALTH SERVICES STEP DOWN UNITS / LTC SKILLED NURSING FACILITIES
Make it easy for consumers to access healthcare. Check-in made easy from provider perspective. Discharge made easy from patient, physician and compliance perspective. Protect patient’s preference for service providers. Platform for providers to manage their consumer base.
Hospital Physician Practices Nursing Homes, Assisted Living & Ancillary Services Emergency Services / Ambulances STAR HEALTH CARD: CONNECTING PATIENTS, FAMILY MEMBERS & RELATED MEDICAL PROVIDERS
STAR PHR ROLE: Connecting Devices, Labs, Health Plans, Pharmacies, Physicians and Hospitals into a regional health exchange model. Healthvault Devices, Labs, Health Plans & Pharmacies Connected to Star PHR Star PHR to push & pull information to deliver ‘Meaningful Use” with Provider Centric ‘PHR’ Service Model Star PHR integrated to Regional Health System with Consumer Centric ‘Call Center’ Service Model
Shared Content (ex: FDB) Shared Data Shared Technology Horizon Ambulatory Care McKesson In-patient Clinical Applications Horizon Practice Plus McKesson HIS Systems Horizon Enterprise Network (HEN) Billing Registration, Schedules, Insurance, Pt check-in status ADT Billing Enterprise MPI EMR – M.D.Nursing HomesConsumers
SERVICE FOCUS - Comprehensive Regional Strategy - Exemplary Staffing - Seamless Connectivity QUALITY FOCUS - Sustainable Quality Measures - Regional Outcomes - Regional Management INFORMATION TECHNOLOGY - Connect Communities - Connect Providers - Connect Services / Quality PRIMARY CARE: - Engage Locally - Support Regionally - Home Medical Model SPECIALISTS: - Engage Locally - Support Regionally - Global Fee Model SMALLER HOSPITALS: - Engage Locally -Support Regionally -Regional Health Partner SERVICE PROVIDERS West Texas Communities Odessa * Kermit * Crane Monahans * Andrews * Ft. Stockton Community Population Children Young Adults Adults Seniors Community Employers Small Businesses Large Businesses Multinational Services Government Agencies City County State Federal SERVICE CONSUMERS M.C.H. REGIONAL OUTREACH
INITIATIVE # 1 – Consumer Centric Establishing Regional Consumer Support (Call) Center for consumer centric services. Regional Medical Service Resource Center: Directing Consumers regionally. New Patient / Pre-Op Registration Service: Ease of Access to MCH Post-discharge Follow-up: Patient Satisfaction / Prevention of re-admissions. INITIATIVE # 3 - Technology Centric Establishing of Regional Health Information Exchange for seamless service mgmt. MCH - HIM connectivity between regional hospitals. Any - EMR connectivity between physician practices. Star - PHR connectivity with all regional community members. INITIATIVE # 2 – Physician Centric Integration of Specialists Services into the regional care continum. Effective physician practice management team: Operations & Billing Focused. Establishing a effective compesation model that promotes productivity. Education & partnership with all regional physicians in well defined roles.
Student Athlete, Arts & Extra Curricular Activities Portal ____ Volunteer Portal Integration of Employers Integration Of Colleges Student HiQ Index KPI Teacher HiQ Index KPI Family HiQ Index KPI CONNECTING EXISTING DATA SOURCES CUTTING EDGE TECHNOLOGYMOBILE PLATFORM CAPABILITY PROGRAM SPECIFIC SOLUTION SITE SPECIFICPROGRAM – SITE – DISTRICT RELATION STUDENT K.P.I. TEACHER K.P.I.FAMILY K.P.I.
Employer Platform College Platform Strategic Advisory Board Community Resources
Instructional School LeadershipGuidance, Evaluation & Counseling Services Student Transportation General Administration ACCLAIM 2.2: A Second Generation Solution
What is Acclaim 2.0 Ed? Online Demo ◦ A game changing, technology platform. ◦ Repositions organization to a true consumer centric model. ◦ Engages the families in a meaningful manner. ◦ Identifies & promotes good practices across campus. ◦ Delivers on a flexible, individual focused K-12 system ◦ A revenue generating platform for ECISD Partnership Matters: ◦ Technology Partner – Sogeti USA / CapGemini Certified By Microsoft as Best Global Partner for Share point Technology in 2010.
Acclaim has been recognized by Hector Mendez as one of the four priorities for ECISD. State budget crisis has eliminated funding option for ECISD. Expenses to Date: ◦ ECISD: $30,000 – Funding for Discovery Phase ◦ Star Tech: $ 70,000 – Cost Absorbed to date. Expense for Implementation: ◦ ECISD: $ 400,000 with no follow-up cost. ◦ Star Tech: $ 370,000 – Cost To Be Absorbed. Implementation Time Line: ◦ Six months development / 2 Year Implementation.
One time cost for perpetual use within ECISD. No recurring maintenance or upgrade cost. Skin in the game: ◦ For $400K investment, a 15% net royalty fee for a period of five years from date of implementation. Revenue Generating Model: ◦ In a flexible education model, system identifies individual student needs & expectations. ◦ Directs to online resources in a payment model. ◦ ECISD receives a transaction fee for every unit. ◦ Royalty + Transaction Model = Best ROI
Star Tech Acclaim to be spun out as an independent company. Round One: $1M initial investment ◦ 10% equity with One Board Seat to facilitate: True Partnership with Odessa Chamber of Commerce. ECISD as our initial customer. OC / UTPB mentor partners. Open to Institutions and/or Individuals. Round Two: $10M: V.C. Investment. ◦ 20% equity with One Board Seat to facilitate: Facilitate State/Nationwide Implementation. Please note that all business investments, conditions and requirements have to be finalized and approved with appropriate legal documentation, authentication and legal oversight.
Survey: Paper / Telephonic Option. Q&A: ◦ The land is yours and we are promising to drill for Black Gold II. Will you let us? What is your gut instinct? ◦ What are the blind spots in this approach to education for 21 st century model? ◦ Open to the floor. Thank you for this outstanding opportunity.