Attributes of Value-as-a-Service

I get it… VaaS is the right revenue model for healthcare.  But what distinguishes VaaS from previous technology delivery models?

1. RAPID TIME-TO-VALUE

VaaS vendors integrate subscriber data directly into the technology ecosystem they host and manage.  They then enable their services quickly—in weeks rather than months – typically generating positive cash flow for customers from the very first invoice.

2. SCALABLE

Infrastructure, know-how and expert resources that ramp up or down to match actual business volume needs.  Clearly superior results and economies of scale than could be achieved in house.

3. STANDARDIZED

Shared services model to standardize and scale processes and delivery. Repeatability is achieved with a multi-client and multi-tenant model.

4. CONSUMPTION BASED

Paying only for what is used rather than committing to services or functionality that may not be needed. Just in time delivery in response to demand.

5. OUTCOME ORIENTED

Working as business partners where both the buyer and provider are committed to specified business outcomes.   Insight teams are embedded alongside the business, data and insights are aggregated and collected. The core team determines the desired outcome, and the VaaS provider handles the execution.

6. SOURCE SYSTEM AGNOSTIC

No dependencies on specific data source systems and no need for integration.   Likewise no dependencies on ancillary systems.

7. INNOVATION ENABLED

Committing to on-going innovations in business processes, infrastructure and applications. Can nimbly add customer-specific personalizations, test new features on-the-fly and iterate with the clients in a matter of business days.

8. FUTURE PROTECTED

Shielding the buyer from the potential disruption of upgrades and future change. Services are always up to date, and buyers have continuous access to innovation, scale and in-depth expertise.

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