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High turnover rates not only affect patient care but also add financial burdens to institutions struggling to maintain continuity and quality. With rising employment rates in the healthcare sector, particularly post-pandemic, the need for effective retention strategies is at an all-time high. One solution – going digital.
Healthcare continues to be one of the fastest-growing industries, with employment rates surging across various professions, from nursing to administrative roles. Despite this growth, healthcare facilities face significant challenges in retaining their workforce.
Burnout, stress, and increasing workloads contribute to employee dissatisfaction and high turnover. According to a 2023 report, the average turnover rate for healthcare workers hovers around 20%, with some sectors experiencing even higher figures.
As the demand for healthcare professionals rises, so does the competition to retain top talent. Healthcare organizations must find new ways to foster employee satisfaction, improve engagement, and create a more stable workforce environment. That’s where digital tools come in.
Digital competency management systems like Dossier offer healthcare organizations tools to streamline operations, empower staff, and ultimately improve retention. These systems provide real-time access to employee skills and development data, ensuring healthcare workers are compliant and continuously advancing their skills.
While traditional methods of managing competencies and development often rely on paper-based systems, the shift to digital brings multiple advantages:
Improved Staff Engagement: Digital systems give employees a clear pathway for career growth. Staff can see tangible progress in their careers through personalized learning opportunities and tracking skills in real time, fostering a greater sense of engagement and belonging.
Reduced Administrative Burden: Digital systems free up valuable time for healthcare professionals to focus on patient care rather than paperwork by automating routine tasks like training updates, reporting, and compliance tracking. Reducing administrative tasks helps decrease stress and burnout.
Clear Career Development Paths: A digital competency system allows for transparent tracking of skills, certifications, and professional development. Employees who see clear growth opportunities within their organization are more likely to stay long-term.
Enhanced Communication and Feedback: Digital platforms enable more effective communication between employees and their supervisors. Frequent and timely feedback keeps staff motivated and helps them improve in areas where they need support.
A recent WHO/Europe study published in The Lancet Digital Health highlights how digital tools are transforming healthcare workplaces.
“Digital tools can play a crucial role in optimizing the performance of health and care workers, especially as we grapple with worker shortages,” said Dr. Tomas Zapata, WHO/Europe’s Regional Adviser on Health Workforce and Service Delivery.
The study showed that digital technologies have improved healthcare workers’ performance, mental health, and competencies worldwide, reinforcing the importance of digital adoption.
The following features are essential when selecting a digital competency management system like Dossier to support employee retention:
Personalized Learning Tracks: Dossier allows for customized learning pathways tailored to individual employee needs, fostering professional growth and enhancing job satisfaction.
Ease of Use: With a user-friendly interface, Dossier ensures seamless navigation for healthcare professionals, promoting engagement and reducing burnout.
Reporting and Analytics: Real-time analytics provide managers with insights into staff competencies and completion, enabling proactive identification of skills gaps and retention issues.
Scalability: Dossier’s flexible platform adapts to the evolving needs of healthcare organizations, supporting growth from small clinics to large hospital networks.
Retaining top talent is essential to maintaining high-quality patient care. Digital competency management systems play a vital role in creating a more engaged, less overburdened workforce, improving job satisfaction, and ultimately boosting retention.
By empowering healthcare staff with the right tools, organizations can not only meet the industry’s growing demands but also foster a culture of growth, stability, and excellence. Take the digital leap today, and position your healthcare facility for a stronger future in employee retention.
Experience the difference for yourself and see why nurses call Dossier a game-changer!
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Compassion fatigue (CF) is a significant challenge for healthcare workers, especially during times of crisis. Long shifts, high patient loads, and the emotional toll of caring for critically ill patients can lead to burnout, secondary traumatic stress (STS), and a decreased ability to show compassion. As conversations around emotional burnout increase, exploring how competency management tools, like Dossier, can alleviate some of the pressures healthcare professionals face is crucial.
Compassion fatigue is often referred to as “the cost of caring,” a phenomenon where healthcare workers become emotionally and physically exhausted, leading to diminished compassion for their patients. CF is characterized by:
Addressing compassion fatigue is essential not only for the well-being of healthcare workers but also for maintaining quality patient care.
A 2023 scoping review published in BMC Health Services Research provides an in-depth summary of the factors contributing to compassion fatigue among healthcare providers (HCPs) across various settings. The review highlights that the prevalence of compassion fatigue can vary depending on factors such as preparedness, resources, and healthcare system conditions.
Findings suggest that organizational challenges like supply shortages or lack of access to personal protective equipment (PPE) exacerbate compassion fatigue in HCPs. On a personal level, factors such as age, occupational role, and resilience also influence susceptibility to compassion fatigue.
The consequences of compassion fatigue often extend beyond the workplace, affecting HCPs’ personal lives and patient care quality. Younger healthcare providers, who may have less experience in managing stress, are particularly vulnerable. Additionally, a lack of access to job resources and the stress of balancing work and personal responsibilities have been shown to intensify the risk of compassion fatigue.
As the study notes, “compassion fatigue impacted both the personal and professional roles of healthcare providers, underscoring the need for targeted strategies that address root causes at individual, organizational, and system levels.”
Digital competency tools play an essential role in reducing the administrative burden on healthcare staff. Dossier’s platform simplifies the reporting, creation, updating, and tracking of thousands of employee competencies across various clinical departments, all within a single dashboard. This robust system consolidates hundreds of learning resources, streamlining access to Learning Management Systems (LMS), simulations, and side-by-side learnings, allowing healthcare professionals to focus on patient care rather than feel overwhelmed by paperwork.
By reducing the stress caused by managing complex compliance and training requirements, these tools help healthcare workers feel less overstretched and overworked, giving them more time to return to the bedside and focus on what matters most—caring for patients.
The battle against compassion fatigue requires both emotional support and reduced workplace stressors. Competency tools like Dossier can play a crucial role in alleviating the administrative burdens that contribute to burnout. In conjunction with proven interventions that focus on building resilience, healthcare workers can be better equipped to combat compassion fatigue and continue delivering high-quality care to their patients.
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In recent months, the healthcare industry has witnessed a concerning trend: a significant increase in hospital layoffs. From small community hospitals to large healthcare systems, financial pressures are forcing institutions to make difficult staffing decisions. It’s not an isolated trend, as economic factors such as inflation, declining reimbursements, and rising operational costs continue to strain hospital budgets.
Hospitals face multifaceted challenges. Inflation has increased the cost of supplies, utilities, and services, while reimbursement rates from insurance companies and government programs often fail to keep pace.
For example, many hospitals grapple with reduced Medicare and Medicaid reimbursements, disproportionately affecting those serving a higher percentage of low-income patients. Additionally, the shift to value-based care models, while beneficial in the long term, can strain short-term budgets.
As a result, hospitals find themselves in the precarious position of reducing expenses to stay afloat. Unfortunately, this often means cutting jobs, including those of frontline workers like nurses. According to recent reports, several major healthcare systems have announced layoffs, with some reducing their workforces by hundreds of employees.
Hospital layoffs can have a ripple effect on the quality of care, particularly regarding education and training. Nurse educators and preceptors, who play critical roles in ensuring that nurses and other healthcare staff receive proper training, are often stretched thin. With fewer resources and higher patient-to-staff ratios, the need for efficient and effective competency management becomes more pressing than ever.
That’s where digital competency management tools like Dossier come into play. By streamlining the process of tracking, monitoring, and reporting on education and training, Dossier empowers nurse educators and preceptors to maintain high standards of care, even when facing staff layoffs.
In times of financial constraint, every dollar spent must be justified. However, investing in a digital competency management system like Dossier can offer significant returns, both in terms of cost savings and improved patient outcomes.
The current wave of hospital layoffs is a stark reminder of the financial pressures facing the healthcare industry. However, it also highlights the importance of maintaining high standards of care, even in difficult times. By investing in digital competency management tools like Dossier, hospitals can ensure their staff are well-trained, efficient, and ready to meet the challenges ahead.
Leadership must recognize that while layoffs may provide short-term relief, investing in tools that improve training and competency will pay dividends in the long run. In the face of financial constraints, this investment is not just a cost—it’s a necessity for the future of healthcare.
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Achieving the American Nurses Credentialing Center’s (ANCC) Magnet® status isn’t just an accolade—it’s a testament to an organization’s commitment to nursing excellence and patient care. For healthcare facilities aspiring to attain this prestigious recognition, effective competency management plays a pivotal role.
The ANCC Magnet Recognition Program® is a designation granted to healthcare organizations that demonstrate excellence in nursing practice and adherence to rigorous standards for quality patient care, nursing excellence, and innovations in professional nursing practice. The highly coveted designation signifies an organization’s ability to attract and retain top nursing talent, foster a culture of continuous improvement, and achieve superior patient outcomes.
Magnet status isn’t merely a badge of honor; it’s a symbol of an organization’s unwavering commitment to the highest standards of nursing. Achieving this status can lead to enhanced reputation, increased patient satisfaction, and improved staff morale. For many healthcare facilities, the journey to Magnet recognition is a transformative process that involves comprehensive evaluations and persistent dedication to excellence.
Traditionally, competency management relied on cumbersome paper-based systems, which often resulted in inefficiencies, errors, and compliance challenges. However, the digital revolution has transformed the landscape, offering streamlined solutions that can significantly bolster an organization’s Magnet journey.
Real-Time Insights: Instant access to competency data ensures timely interventions and improvements. Real-time agility is critical in maintaining the high standards required for Magnet status.
Efficiency Boost: Automated workflows reduce administrative burden and free up resources. Staff can focus more on patient care and professional development rather than paperwork.
Enhanced Compliance: Digital platforms facilitate adherence to ANCC standards with built-in regulatory features. All competency records are accurate, up-to-date, and readily available for review.
Data-Driven Decision Making: Digital tools provide analytics and reporting capabilities that enable organizations to make informed decisions based on comprehensive data, supporting continuous improvement and innovation in nursing practice.
When selecting a digital competency management system, it’s important to consider the following features to ensure it meets your organization’s needs and supports your Magnet journey:
User-Friendly Interface: Ensure easy adoption across all levels of the organization. An intuitive and accessible system encourages widespread use and engagement.
Scalability: Ability to grow with your organization’s evolving needs. As your facility expands and evolves, the competency management system should adapt and scale accordingly.
Integration Capabilities: Seamless connectivity with existing HR and training systems. Integration ensures that data flows smoothly across different platforms, reducing redundancy and enhancing efficiency.
Customization Options: The ability to tailor the system to your organization’s specific requirements ensures that it aligns perfectly with your workflows and processes.
By transitioning from paper-based to digital competency management, organizations can align themselves more closely with ANCC Magnet® standards. Adopting a digital approach enhances operational efficiency and improves overall patient care outcomes, a crucial factor in Magnet recognition.
Embracing digital competency management isn’t just a step forward; it’s a leap toward achieving Magnet status. The right digital tools empower healthcare organizations to streamline operations, boost compliance, and ultimately deliver superior patient care, thereby positioning themselves as leaders in nursing excellence.
The journey to Magnet recognition is challenging but immensely rewarding. By leveraging the power of digital competency management, healthcare facilities can navigate this journey more effectively, ensuring they meet the highest standards of nursing excellence and patient care. Take the leap today, and unlock the full potential of your organization on the path to Magnet status.
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Continuous learning and skill acquisition are paramount in healthcare. To provide the highest level of patient care, healthcare professionals must stay abreast of new technologies, treatment protocols, and regulatory changes.
One effective approach to fostering ongoing professional growth is the tiered skills acquisition model. This strategic method ensures competency at every level and promotes a culture of excellence within healthcare organizations.
In this article, we’llexplore the tiered skills acquisition model and its significance in advancing healthcare excellence.
The tiered skills acquisition model is a structured approach to training and education that categorizes skills into different levels or tiers. Each tier represents a progression in complexity and expertise, allowing healthcare professionals to build on their existing knowledge systematically. This method ensures that individuals acquire the necessary skills incrementally, leading to mastery over time.
Tier 1: Foundational Skills
The first tier focuses on foundational skills, which are essential for all healthcare professionals. These include basic clinical competencies, communication skills, and an understanding of healthcare protocols and procedures. For example, nurses and medical assistants at the foundational level would receive training in fundamental patient care techniques, such as taking vital signs, administering medications, and maintaining patient records.
Tier 2: Intermediate Skills
The second tier involves intermediate skills, which require a deeper understanding and application of knowledge. At this stage, healthcare professionals enhance their clinical skills and begin to specialize in certain areas.
For instance, a nurse might receive advanced training in wound care, intravenous therapy, or patient assessment techniques. The intermediate tier bridges the gap between basic skills and advanced practice, preparing individuals for more complex responsibilities.
Tier 3: Advanced Skills
The third tier encompasses advanced skills, where healthcare professionals demonstrate a high level of expertise and specialization. These skills often involve leadership roles, critical thinking, and advanced clinical procedures.
For example, a nurse practitioner might receive training in diagnosing and managing chronic conditions, performing advanced medical procedures, and leading healthcare teams. The advanced tier ensures that individuals are equipped to handle the most challenging aspects of patient care.
The tiered skills acquisition model is similar to Patricia Benner’s novice-to-expert model, which is based on the Dreyfus model of skill acquisition. Both frameworks emphasize a progression from basic to advanced levels of competency.
In the Novice-to-Expert model, individuals move through five stages: novice, advanced beginner, competent, proficient, and expert. This model is widely recognized for its application in nursing and other fields.
However, the tiered skills acquisition model is specifically tailored to the complexities and demands of the healthcare environment. It provides a more detailed and structured approach, ensuring that each tier aligns with the practical realities and regulatory requirements of healthcare practice. The tiered skills acquisition model offers a similar conceptual framework but with added specificity and adaptability to the dynamic nature of healthcare.
Implementing a tiered skills acquisition strategy offers numerous benefits for healthcare organizations and professionals alike.
Enhanced Patient Care
By systematically building competencies, healthcare professionals are better equipped to provide high-quality patient care. Each tier ensures that individuals possess the necessary skills to perform their duties effectively, leading to improved patient outcomes and satisfaction.
Professional Growth
The tiered skills acquisition model provides clear pathways for career laddering or advancement. Healthcare professionals can see a tangible progression in their careers, motivating them to pursue further education and training. Visibility into professional growth benefits the individual and contributes to the overall expertise within the organization.
Increased Retention
Investing in the professional development of healthcare staff fosters loyalty and job satisfaction. Employees are more likely to stay with an organization that values their growth and provides opportunities for advancement. This reduces turnover rates and ensures continuity of care for patients.
Improved Organizational Performance
A well-trained and competent workforce directly impacts healthcare organizations’ performance. By adopting the tiered skills acquisition model, organizations can ensure their staff continually improve and adapt to new challenges. This leads to increased efficiency, better teamwork, and a culture of continuous improvement.
At Dossier, we understand the importance of tiered skills acquisition in healthcare. Our digital competency management system is designed to support organizations in implementing this strategic approach. With Dossier, healthcare providers can:
Assess Competencies: Evaluate the current skill levels of staff and identify areas for improvement.
Create Customized Learning Paths: Develop tailored training programs that align with the tiered skills acquisition model, ensuring that each employee receives the right training at the right time.
Track Progress: Monitor individuals’ progress as they advance through the tiers, providing real-time feedback and support.
Ensure Compliance: Maintain compliance with regulatory requirements by keeping accurate records of training and competencies.
The tiered skills acquisition model is a powerful strategy for advancing healthcare excellence. By adopting this approach, healthcare organizations can ensure that their staff is continually growing and adapting to the industry’s ever-changing demands.
At Dossier, we’re committed to supporting healthcare providers in their journey toward excellence through our innovative digital competency management solution. Together, we can create a future where every healthcare professional is empowered to deliver the highest standard of care.
For more information on how Dossier can help your organization implement the tiered skills acquisition model, contact us today. Let’s work together to advance healthcare excellence!
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Pharmacies play a crucial role in the healthcare ecosystem, acting as the final checkpoint before patients receive their medications. With the growing complexity of treatments and medications, the demand for highly skilled pharmacy teams has never been higher.
To meet these demands, digital competency management systems have emerged as vital tools in enhancing the efficiency, accuracy, and overall performance of pharmacy teams. This article explores how digital competency management can revolutionize pharmacy practice and improve patient care.
Digital competency management involves using technology to assess, track, and develop pharmacy staff’s skills and knowledge. These systems provide a structured and systematic approach to training, ensuring that every team member is proficient in their roles and able to deliver the highest standard of care.
Ensuring Up-to-Date Knowledge
The pharmaceutical field is constantly evolving with new medications, regulations, and best practices. Digital competency management systems ensure that pharmacy teams stay current with these changes. By providing access to the latest information and training modules, these systems help staff maintain their knowledge and adapt to new developments quickly.
Standardizing Training and Skills Development
Digital competency management creates a standardized approach to training and skills development. As a result, all team members receive consistent education and are evaluated against the same criteria. Standardization helps eliminate gaps in knowledge and ensures that every member of the pharmacy team meets the required competency levels.
Enhancing Accuracy and Reducing Errors
Accuracy in dispensing medications is critical. Digital competency management systems help reduce errors by providing comprehensive training on medication management, drug interactions, and patient counseling. Regular assessments and simulations can further ensure that pharmacy staff are well-prepared to handle complex cases and avoid mistakes.
Improving Patient Care and Satisfaction
Well-trained pharmacy teams can significantly enhance patient care and satisfaction. By ensuring that staff are knowledgeable and competent, pharmacies can provide better advice, identify potential issues with prescriptions, and ensure patients understand their medications. Increased knowledge leads to improved patient outcomes and higher satisfaction levels.
Supporting Regulatory Compliance
Pharmacies must adhere to strict regulations and standards. Digital competency management systems help pharmacies stay compliant by keeping detailed records of training and competencies. Demonstrating compliance during inspections and audits, reducing the risk of penalties, and ensuring the highest standards of practice become easier to accomplish.
Dossier’s digital competency management system is designed to support the unique needs of pharmacy teams. Here’s how Dossier can transform your pharmacy practice:
Customized Learning Paths
Dossier allows pharmacies to create tailored learning paths that align with their specific needs and goals. Whether it’s training new staff or providing continued education for experienced pharmacists, Dossier ensures that every team member receives the right training at the right time.
Real-Time Monitoring and Feedback
With Dossier, pharmacies can monitor the progress of their staff in real time. Leaders can provide immediate feedback and support, helping staff improve their skills continuously. Managers can quickly identify areas where additional training is needed and address any gaps in knowledge.
Comprehensive Reporting and Analytics
Dossier provides detailed reports and analytics, giving pharmacies insights into their team’s performance and competencies. The data-driven approach helps pharmacy teams make informed decisions about training programs and identify trends that may affect overall performance.
Ease of Use and Accessibility
Dossier’s user-friendly interface ensures that pharmacy staff can easily access and navigate the system. Busy professionals can complete modules and assessments at their own pace, making it convenient for them to stay up-to-date without disrupting their workflow.
Digital competency management is transforming how pharmacy teams operate, leading to higher levels of proficiency, accuracy, and patient care. By implementing systems like Dossier, pharmacies can ensure their staff are well-trained, compliant, and can meet the challenges of modern healthcare. As the industry continues to evolve, investing in digital competency management is not just a strategy for success—it’s a commitment to excellence in patient care.
For more information on how Dossier can help your pharmacy team excel, contact us today. Together, we can build a future where every pharmacy professional is empowered to deliver the highest standard of care.
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Rapid technological advancements are transforming the traditional models of nursing education and professional development. This article explores approaches that are reshaping nursing education, highlighting the benefits of digital learning platforms and the importance of continuous professional development (CPD) in enhancing patient care and nursing practice.
Digital learning platforms, like Dossier, are powerful tools in the arsenal of nursing education, offering flexible, accessible, and personalized learning experiences. These platforms provide a range of benefits, including:
Accessibility: Nurses can access educational content anytime, anywhere, breaking down the barriers of traditional classroom settings.
Personalization: Adaptive learning technologies enable content to tailor to the individual learner’s pace, style, and proficiency level, enhancing engagement and retention.
The concept of CPD in nursing is not new, but its importance has never been more pronounced. It ensures the maintenance of current practice and the translation of knowledge to practice.
As healthcare evolves, so must the skills and knowledge of those who deliver it. Continuous professional development ensures nurses remain competent, confident, and capable of providing high-quality care.
Key components of an effective CPD strategy include:
Regular Assessments: Ongoing assessments help identify knowledge gaps and learning needs, ensuring CPD efforts are targeted and effective.
Diverse Learning Opportunities: CPD should encompass various formats, from workshops and seminars to online courses and peer learning, to accommodate different learning preferences and needs.
Integration with Career Progression: Linking CPD to career advancement opportunities can motivate nurses to engage in lifelong learning and professional growth.
While the shift toward digital learning and CPD offers numerous advantages, it also presents challenges that must be addressed, such as:
Digital Literacy: Ensuring all nurses have the necessary skills to use digital learning platforms effectively.
Time Constraints: Finding time for CPD within the demanding schedules of nursing professionals.
Funding and Resources: Securing the financial and organizational support needed for comprehensive CPD programs.
Conclusion
The evolution of nursing education and continuous professional development is critical to advancing practice and improving patient care. By embracing digital learning platforms and committing to CPD, the nursing profession can navigate the complexities of modern healthcare with confidence and competence.
Are you ready to elevate your nursing education and professional development strategy? Explore how Dossier’s competency platform can support your training and educational goals. Book a 15-minute demo today and join the forefront of nursing education transformation.
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The push toward digitization has become a central strategy for healthcare organizations aiming to enhance operational efficiency, improve patient outcomes, and streamline workforce management. One critical area undergoing this transformation is competency management — the systematic approach to identifying, developing, and tracking the skills and knowledge of healthcare professionals. This blog post delves into the tangible and intangible returns on investment (ROI) that healthcare organizations can achieve by digitizing competency management processes.
Reduced Administrative Costs: Traditional competency management often involves labor-intensive processes for tracking and assessing staff competencies. By digitizing these processes, organizations significantly reduce the time and resources spent on paperwork and manual data entry, leading to substantial cost savings.
Increased Efficiency and Productivity: Digital competency management systems streamline the entire process, from identifying knowledge gaps to delivering targeted training programs. Staff can update their competency plans at the point of care, allowing them to spend more time with patients, thereby increasing productivity.
Improved Compliance and Risk Management: Digitization provides real-time tracking and reporting capabilities, making it easier for organizations to ensure compliance with regulatory standards and accreditations. This proactive approach can prevent costly penalties and mitigate risks associated with non-compliance.
Enhanced Staff Retention and Satisfaction: Digital competency management can improve job satisfaction and engagement by offering personalized development plans and clear pathways for career advancement, leading to lower turnover rates. The cost savings from reduced turnover and the benefits of retaining experienced staff contribute significantly to the ROI.
Improved Patient Care Quality: At its core, competency management aims to ensure that healthcare professionals have the necessary skills and knowledge to provide high-quality care. Digitization enables more effective training and skill development, directly impacting patient care outcomes.
Fostering a Culture of Continuous Learning: Digital platforms facilitate ongoing professional development and learning opportunities, creating an environment where staff are encouraged and empowered to enhance their skills. This culture of continuous improvement can lead to innovations in patient care and operational practices.
Enhanced Decision-Making: With comprehensive data on staff competencies, healthcare leaders can make informed decisions about workforce planning, training needs, and resource allocation. This data-driven approach can lead to better strategic outcomes.
Building a Competitive Advantage: In a competitive healthcare market, organizations that leverage digital competency management can differentiate themselves by showcasing a commitment to excellence and innovation in workforce development. This advantage can attract top talent and partnerships, further enhancing their reputation and success.
Conclusion
The ROI of digitizing competency management extends far beyond cost savings, impacting every facet of healthcare delivery—from operational efficiency and compliance to patient care quality and staff satisfaction. As healthcare organizations continue to navigate the challenges of the 21st century, investing in digital competency management emerges not just as a strategic move but as a fundamental necessity for sustainable growth and excellence.
Is your organization ready to unlock the full ROI of digitizing competency management?
Explore how Dossier can transform your competency management strategy, enhance operational efficiency, and improve patient care. Contact us today to learn more about our digital competency management platform and take the first step towards a smarter, more efficient healthcare future.
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[SAN FRANCISCO, May 8, 2024] – Dossier Inc., a healthcare competency platform supporting care team training and education around the world, has achieved SOC 2 Type II compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations, also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that Dossier provides enterprise-level security for customers’ data secured in the Dossier system.
More than 50 health systems in the U.S. are currently using the Dossier platform to track staff competencies and maintain compliance. Dossier is also widely adopted in Europe and Singapore.
“Achieving SOC 2 Type II certification is a big milestone for Dossier. It is a testament to our unwavering commitment to safeguarding our clients’ data with the highest security standards,” said Alexander Gunkel, Dossier’s Chief Information Security Officer.
Dossier was audited by Prescient Assurance, a leader in security and compliance attestation for B2B SAAS companies worldwide. Prescient Assurance is a registered public accounting in the U.S. and Canada and provides risk management and assurance services, which includes but is not limited to, SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR.
“The SOC2 certification ensures our clients can trust us with their most sensitive information, knowing it is protected by robust, industry-validated security practices,” said Geir Arnhoff, Chief Executive Officer, Dossier. “Alexander Gunkel’s leadership was instrumental in fostering teamwork and engagement across the global Dossier organization, ensuring a smooth and efficient journey to this milestone.”
An unqualified opinion on a SOC 2 Type II audit report demonstrates to Dossier current and future customers that they manage their data with the highest standard of security and compliance.
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Remaining Mindful in the Age of AI
I have had so much joy the past year with all the new large language models (LLMs) and Generative AI becoming a commodity. Still, I shift between euphoria and FOMO almost every second day, just as a result of everything new being released, published, and talked about.
Last week, I had the pleasure of participating in a panel discussion with a few people I admire for their deep insight and broad perspectives: Jeff Trost at Laerdal Million Lives Fund, Amar Dixit at San Mateo Medical Center, and Scott Barclay at Insight Partners. Our discussion was part of the California Norway Business Festival in San Francisco. The conversation encouraged me to share our perspectives on AI within Dossier.
We Can Never Say This Enough
Regardless of any technology or solution you have put together, if it’s not helping your customer solve a problem faster, quicker, and cheaper than before, you have most likely lost focus. And if the problem “just exists” without being solved in a more complex, more cumbersome, and more expensive way today than what you can do, then the problem is most likely not a big enough problem to address.
Of course, there are nuances, such as the creation of the iPad or any other consumer category that is “creating its own needs.” However, for any B2B business, we have to focus on the problem of making any adaptable technology available. That means a technology the customer is capable of implementing and leveraging.
I bring this up in relation to AI because, with AI, it’s easy to be over-enthusiastic about the potential capabilities so much that the fascination with advancement possibilities derails us from creating something that’s in the adoption span for our customers. Because any adoption of new technology requires a change in workflow by the customer, we need to ensure the innovation meets the customer’s capacity for change.
Magical Building Blocks
Making software is not so far from building blocks. Start with a goal in mind, then create some design mock-ups based on what you think is possible to make with the available building blocks. Then start to build.
Often, with an MVP (minimum viable product), show it to customers, have them try using it, gather feedback, and then start the iterative improvement process. With LLM (aka AI), almost out of the blue, we have a whole new range of supercharged building blocks available. As long as we can integrate these blocks into our existing systems, they can accelerate development and bring unprecedented functionalities to our solutions, making them more robust and versatile.
Pack Light, be ready to jump over to the faster train
In an age where technology evolves at breakneck speeds, it’s crucial to remain agile and adaptable. Packing light in this context means avoiding heavy dependencies that could slow down our ability to switch to more efficient technologies as they emerge.
This agility allows us to overcome the release of anxiety often associated with frequent and rapid technological changes, ensuring we’re always at the forefront of innovation. Even worse than being lost at the train station, unable to catch the train, is being stuck on a slow-moving train, seeing your competitors racing away with the high-speed train that became available after you invested too heavily in the steam locomotive train tickets. In the age of rapidly emerging technologies, it is crucial to “pack light” and stay agile to jump to the better technology becoming available.
AI and LLMs are, for us, commodity
There are a few companies that actually create LLMs and AI. The rest of us benefit from those technologies becoming available as commodities. We need to monitor and remain in control of future dependencies.
Building your application on top of other applications can result in risks. For example, you could sacrifice your financial position by losing control of your technology’s future costs. The shift from OpenAI to “ClosedAI” is just one example of the importance of securing future predictability and staying agile.
Take away
It’s vital to control future dependencies. As technology leaders, we need to ensure that while we embrace these powerful tools, we also safeguard our ability to innovate and adapt independently, ensuring our business remains robust, flexible, and competitive.
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