KLAS Performance Insight




    KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved   1
The Fingerprint of Success
 2011 KLAS White Paper

 KLAS took a two-dimensional approach
 to interpreting customer ratings. This
 approach, called the KLAS Customer
 Fingerprint, proved to be an early
 predictor of future success in sales and
 retention among 200+ healthcare IT
 products, and allowed vendors to see
 what factors were most critical to overall
 customer satisfaction.


-Integrators saw 60% higher sales, 41% less turnover vulnerability .
-Developers saw 72% higher sales, 57% less turnover vulnerability.
-Relationship focused vendors saw 40% less turnover vulnerability.




                           KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved   2
Overall Satisfaction
 Some Things Matter More Than Others

The challenge of technology today is
not like in the old days when people
didn’t know what a keyboard or a
mouse was. Now, people complain
because Facebook is 30 times faster
than our system, and they can’t save
their favorites, and their iPad can do
X, Y, and Z, but we can't. We have
completely slingshot past the
capabilities, so instead of being afraid
of the system, people complain that it
is out-of-date. It is a statement about
how awful the industry is that
PowerChart is considered an advanced
system. I consider PowerChart to be
tremendously out-of-date compared
with the state of information
technology today.


                    KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved   3
KLAS Correlation Fingerprint
  2011 KLAS White Paper | The Fingerprint of Success

                                  Score

Supports Integration Goals           7.7
Quality of Phone/Web Support         7.7
Delivery of New Technology           7.7
Likely to Recommend                  7.6
Forecasted Overall Satisfaction      7.5
Quality of Training                  7.5     Customer Ratings
Overall Communication                7.4
Overall Product Quality              7.4
Ease of Use                          7.4
Product Response Time                7.4
Money's Worth                        7.4
Proactive Service                    7.4
Product Works as Promoted            7.4
Lives up to Expectations             7.3
Overall Satisfaction                 7.2
Implementation on Time               7.2
Executive Involvement                 7.1
Contracting Experience               7.0
Quality of Implementation            6.9
                                                                     Average Importance (Correlation)


                                   KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved   4
Implementations and Russian Roulette

      Bad Implementation =

             44%
  Chance of Customer Falling into
     Lower Tail after 3 Years



     Good Implementation =

              8%
  Chance of Customer Falling into
     Lower Tail after 3 Years




                KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved   5

KLAS Performance Insight Overview

  • 1.
    KLAS Performance Insight KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved 1
  • 2.
    The Fingerprint ofSuccess 2011 KLAS White Paper KLAS took a two-dimensional approach to interpreting customer ratings. This approach, called the KLAS Customer Fingerprint, proved to be an early predictor of future success in sales and retention among 200+ healthcare IT products, and allowed vendors to see what factors were most critical to overall customer satisfaction. -Integrators saw 60% higher sales, 41% less turnover vulnerability . -Developers saw 72% higher sales, 57% less turnover vulnerability. -Relationship focused vendors saw 40% less turnover vulnerability. KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved 2
  • 3.
    Overall Satisfaction SomeThings Matter More Than Others The challenge of technology today is not like in the old days when people didn’t know what a keyboard or a mouse was. Now, people complain because Facebook is 30 times faster than our system, and they can’t save their favorites, and their iPad can do X, Y, and Z, but we can't. We have completely slingshot past the capabilities, so instead of being afraid of the system, people complain that it is out-of-date. It is a statement about how awful the industry is that PowerChart is considered an advanced system. I consider PowerChart to be tremendously out-of-date compared with the state of information technology today. KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved 3
  • 4.
    KLAS Correlation Fingerprint 2011 KLAS White Paper | The Fingerprint of Success Score Supports Integration Goals 7.7 Quality of Phone/Web Support 7.7 Delivery of New Technology 7.7 Likely to Recommend 7.6 Forecasted Overall Satisfaction 7.5 Quality of Training 7.5 Customer Ratings Overall Communication 7.4 Overall Product Quality 7.4 Ease of Use 7.4 Product Response Time 7.4 Money's Worth 7.4 Proactive Service 7.4 Product Works as Promoted 7.4 Lives up to Expectations 7.3 Overall Satisfaction 7.2 Implementation on Time 7.2 Executive Involvement 7.1 Contracting Experience 7.0 Quality of Implementation 6.9 Average Importance (Correlation) KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved 4
  • 5.
    Implementations and RussianRoulette Bad Implementation = 44% Chance of Customer Falling into Lower Tail after 3 Years Good Implementation = 8% Chance of Customer Falling into Lower Tail after 3 Years KLAS Confidential © 2012 KLAS Enterprises, LLC, All rights reserved 5