Data collection and analysis tool found to be one of top three benefits to association’s membership while providing additional revenue stream through reseller relationship
WINDHAM, NH – October 16, 2013 - Dynamic Benchmarking, a provider of dynamic online business benchmarking and reporting solutions, is pleased to announce the continuing success of their reseller relationship with the North Carolina Medical Group Managers Association (NCMGM). Providing medical practice administrators a rich source of information and contacts for professional growth, NCMGM not only uses the Dynamic Benchmarking platform with its own members, but also resells the customized tool to other medical group manager associations around the country.
NCMGM has long been a proponent of the importance of benchmarking, having started its compensation and benefits surveys three decades ago. The data collected from these surveys is consistently listed as one of the top three reasons that members join the association and is considered one of the most valued benefits of membership. Over the years, NCMGM has worked to make the process more efficient and of greater value to its members, moving from a traditional, paper-based process to a custom-built, online data collection platform in 2005. While vastly improving the process, NCMGM still needed to hire a firm to process the collected information and produce reports which typically took about six to eight weeks.
In September 2012, Dynamic Benchmarking launched CheckPoint, a custom, online data collection and reporting tool for NCMGM members to measure key performance indicators in the areas of compensation and benefits. The new platform provides real time data entry, immediate access to collected information and generates customized reports and charts in real time.
“The ability to access data and reports immediately was a huge improvement for our members,” comments Melissa Klingberg, NCMGM Executive Director. “We could instantly see how this would be of value to other associations as well.”
With that in mind, Klingberg approached Dynamic Benchmarking about the possibility of reselling CheckPoint to other medical manager associations. NCMGM had been reselling their own data collection platform to other associations since 2005 and wanted to bring the greater functionality of the Dynamic Benchmarking tool to them. Dynamic Benchmarking agreed to the partnership and, just one month after launching CheckPoint for NCMGM, they launched the first of twelve platforms sold through NCMGM.
“What greater compliment to our technology than to have one of our own customers want to sell it?” says Betsy DelFosse, Dynamic Benchmarking Founding Partner and Chief Operations and Technical Development Officer. “It’s been a pleasure working hand-in-hand with the NCMGM team to deliver this solution to other medical manager organizations.”
To date, twelve other state organizations have adopted the CheckPoint solution, all with great results and satisfaction.
“Dynamic Benchmarking not only offer a superior solution, but outstanding service,” adds Klingberg. “Their amazing support and customer service has made each and every launch effortless and graceful and we can’t wait until the next project.”
About Dynamic Benchmarking
Dynamic Benchmarking brings business benchmarking into the 21st century using the latest in web-based technology and reporting functionality. We partner with professional associations and other organizations to offer Stack-Up™ to their members as a way of enhancing association value, contributing to member success, collecting industry trend data and creating non-dues based revenue. Stack-Up integrates our clients’ industry expertise and information needs into a benchmarking platform allowing their members to easily compare financial and operational performance against their peers in a dynamic and interactive manner. It offers the features and capabilities of custom software in a format that is easy and quick to deploy. With our exclusive focus on benchmarking, Dynamic Benchmarking builds solutions that are flexible and scalable across a wide breadth of industries, organizations and users. For more information, please visit www.dynamicbenchmarking.com.
About The North Carolina Medical Group Managers Association
The North Carolina Medical Group Managers (NCMGM) Association gives the professional administrator a rich source of information and contacts for professional growth. Since our founding in 1971, we have grown to more than 1,000 members representing medical practices across North Carolina. Our membership includes executives and managers of private group practices, academic medical centers, integrated delivery systems, and companies that support medical provider organizations. For more information, please visit www.ncmgm.org.