This client had recently changed its leadership, introducing a new CEO to the business in addition to removing their VP of IT. With multiple offices internationally in addition to continued growth of employees and pipeline assets, their new CEO sought to analyze current IT capabilities and establish a short and long term strategy for the business.
What their struggle included
The new CEO was faced with the issue of supporting its clinical and administrative systems and staff, while ensuring compliancy for regulatory requirements (Sunshine Act, HIPAA, SEC, etc.) and remaining accountable to shareholders; all without knowing if he had the infrastructure, personnel, applications and capabilities to do so.
As a long-time biopharmaceutical executive the new CEO quickly realized he didn’t have the expertise to properly assess their IT systems and staff.
How the client was able to excel
– Established compliance within industry regulation (Sunshine Act, HIPAA, SEC, etc.)
– Greatly improved IT security – mitigating risk to the business
– Increased accountability and productivity from the IT staff
– 35% savings within the clients IT budget
Coupled with the scalable foundation of the PCI hosted environment, this has enabled the business to grow and establish a competitive advantage due to increased pipeline asset acquisition capabilities.