Hallmark named one of the Top 100 Companies in Healthcare Technology
The 2022 awardees represent some of the most dynamic and rapidly growing organizations in healthcare technology today.
HAUPPAUGE, N.Y. (Aug. 4, 2022) – In recognition of its cutting-edge platforms that streamline and optimize many aspects of healthcare administration, Hallmark has been named one of the Top 100 Healthcare Technology Companies of 2022. This prestigious distinction comes from The Healthcare Technology Report, which highlights organizations committed to product and service innovations within the healthcare technology sector. This year’s list of Top 100 recipients – which includes Hallmark, Novartis, Hologic, Integra LifeSciences, Axtria, and others – is an exceptional group of technology companies leading the way in modernizing and improving healthcare in the U.S.
“Being recognized nationally is an honor, and it reinforces what our clients and team members already know – that our simply intelligent solutions empower healthcare organizations to optimize resources, drive savings, and produce more value,” says Isaac Ullatil, Hallmark's Co-founder and Chief Executive Officer. “Through our continuously expanding technology solutions, we are dedicated to solving real problems in healthcare, both now and in the future.”
The health industry faces daunting challenges, including a nationwide labor shortage amid growing demand in a competitive market and rising operational costs. Through its purpose-built Software-as-a-Service platforms with AI-driven automation, Hallmark collectively saves its clients hundreds of millions of dollars in labor-related costs while simplifying administrative processes and workflows.
As Hallmark continues to innovate by expanding its platforms and entering new markets where intelligent workforce management solutions are needed, the company is experiencing rapid growth for its two primary workforce management platforms.
Hallmark's Contingent Labor Platform solves rampant staffing issues by enabling hospitals and health systems to match the flexible scheduling options available through external staffing agencies. As a result, healthcare organizations can meet their staffing goals with decreased dependency on higher-cost agency staffing. Individually and as a combined solution, Hallmark's Internal Resource Pool and Vendor Managed Solution offer the tools needed for hospitals to implement labor management strategies tailored to organizational needs. This multifunction platform gives more control over staffing processes and outcomes, as well as greater visibility into staff performance and productivity.
The Provider Compensation Platform removes uncertainty and bridges gaps in provider compensation and healthcare contracting. By automating compensation calculations, workflows, and reporting, it substantially improves efficiency, accuracy, transparency, and communication – all of which enhance provider trust in the organization and engagement in value-based care. In addition to standardizing compensation and contract management, it establishes a single source of truth for data visibility, creditability, and auditability.
The 100 companies on this year’s list represent “the absolute best” in healthcare technology, according to The Healthcare Technology Report. “They are leveraging their considerable talent to find innovative solutions to the most pressing issues in healthcare … and creating an environment in which better care for all is possible.”
To learn more about Hallmark and its solutions, visit www.hallmarkhcs.com
About Hallmark
Hallmark is a healthcare technology firm headquartered in New York. Each of our experienced executive team members brings an average of 20+ years in IT, nursing, process engineering, finance, and healthcare. Hallmark is ranked No. 318 in the 2021 Inc. 5000 List of Fastest Growing Private Companies in the U.S. The company’s simply intelligent provider and workforce solutions are used by over 100,000 healthcare professionals in more than 4,000 healthcare facilities across all 50 states. In the past decade, we have collectively delivered over $250 million in cost savings and revenue gains to our clients and calculated nearly $5 billion in physician compensation, thanks to our best-in-class workforce and compensation management technologies.
Hallmark's workforce solutions include its contingent labor platform - internal resource pool and vendor management solutions - and provider compensation platform - provider compensation and contract management solutions. For more information, visit www.hallmarkhcs.com.
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