Diversified Service Options (Diversified) Goes Live with Osprey’s Conflict of Interest COI RiskManager

 --Osprey COI RiskManager^TM Automates Disclosure Management and Facilitates Compliance --

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Waltham, MA (September, 2013) – Osprey Software Solutions (www.ospreyss.com), a software development company focused on the creation of fully-integrated, forward-thinking enterprise solutions, announced today that Diversified Service Options, Inc. (Diversified), a wholly-owned subsidiary of Blue Cross and Blue Shield of Florida, Inc. is using the Osprey COI RiskManager^TM system to solve their demanding conflict of interest compliance needs.  Osprey COI RiskManager^TM will efficiently capture, track and report the required disclosures for several thousand employees across its enterprise.

“We implemented Osprey COI RiskManager^TM for its ease of use, functionality, and scalability.” says Tom Anderson, the Vice President, Chief Legal and Compliance Officer for Diversified.   “With thousands of users across multiple locations, it was imperative to have a system that is flexible, user-friendly, straight-forward and could be implemented quickly and easily.  Osprey’s team understands our unique requirements and is dedicated to ensuring our success.”

Osprey COI RiskManager^TM is configurable and easy to deploy.  It promotes participant compliance and improves organizational effectiveness.  Participants are guided through focused, interactive questionnaires that dynamically prompt them only for necessary information. Additional information is requested only when a potential conflict is detected.   The postponement and reminder features enable participants to complete the information at their convenience which improves compliance levels.  

“We’re excited to bring Osprey COI RiskManager^TM to Diversified.” says Chris Cazer, CEO of Osprey Software Solutions. “We are pleased that Diversified determined that our solution offers the tools, features, and unique user interface that they need to ensure their regulatory compliance.”

Osprey’s COI RiskManager^TM also features comprehensive mitigation management functions that allow organizations to resolve potential conflicts and store all minutes in one place.

By using Osprey COI RiskManager^TM, government contractors, universities, hospitals and medical organizations see improved control and reduced risk by:  

• Utilizing the system’s automatic detection and notification of potential conflict
• Increasing compliance levels by making it easier for participants to complete form
• Incorporating the organization’s unique requirements into the forms using SmartForms technology

About Diversified Service Options, Inc.

Diversified Service Options, Inc. (Diversified), headquartered in Jacksonville, Fla, is a holding company for fee-for-service government health care companies that is wholly owned by Florida Blue, Florida’s Blue Cross and Blue Shield company. Diversified was created in 1998 to address the company’s long-term government business strategies.

About Osprey Software Solution
Osprey Software Solutions is a premier team of experts in the design and development of complex business applications. Osprey has assembled one of the most highly-regarded teams of architects, engineers, and consultants in the software development business. The Osprey team has an outstanding track record in the design and delivery of large scale, advanced business systems in a variety of industries, including: Financial Services, Lending, Energy, Healthcare, and Defense. 

Contact information:

For more information about Osprey COI RiskManager^TM, call Osprey at 518-203-3995 or contact@ospreyss.com

CenterLight Health System Goes Live with Osprey’s Conflict of Interest COI RiskManager™ with a Three Week Implementation

--Osprey COI RiskManager^TM Automates Disclosure Management and Facilitates Compliance --

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Albany, NY (February 11th, 2013) – Osprey Software Solutions (www.ospreyss.com), a software development company focused on the creation of fully-integrated, forward-thinking enterprise solutions, announced today that CenterLight Health System is using the OspreyCOI RiskManager™ system to solve their demanding conflict of interest compliance needs.  Osprey COI RiskManager™ efficiently captures, tracks and reports the required disclosures for CenterLight’s pertinent employees, board members and officers. The system further helps protect CenterLight by ensuring compliance with the new conflict of interest disclosure regulations.

“We selected Osprey COI RiskManager™ because it is comprehensive, intuitive, and scalable and will allow us to quickly streamline our COI process.” says  Wendy Maciol, CenterLight’s  Director of Compliance / Risk Management.   “With hundreds of users scattered across multiple locations, we needed a system that is flexible, user-friendly, straight-forward and could be implemented quickly and easily.  Osprey’s team is there each step of the way, understanding our unique requirements and is dedicated to ensuring our success.”

Osprey COI RiskManager™ is configurable and easy to deploy.  It promotes participant compliance and improves organizational effectiveness.  Participants are guided through focused, interactive questionnaires that dynamically prompt them only for necessary information. Additional information is requested only when a potential conflict is detected.   The postponement and reminder features enable participants to complete the information at their convenience which improves compliance levels.  

“We’re excited to bring Osprey COI RiskManager™ to the CenterLight Health System with a three week implementation cycle,” says Chris Cazer, CEO of Osprey Software Solutions. “We are pleased that they determined that our solution offers the tools, features, and unique user interface that they need to ensure their regulatory compliance.”

Osprey’s COI RiskManager™ also features comprehensive committee management functions that include scheduling meetings, conflict hearings, creating management plans, and storing all minutes in one place.

By using Osprey COI RiskManager™ universities, hospitals, Medicare administration  and medical organizations see improved control and reduced risk by:  

• Utilizing the system’s automatic detection and notification of potential conflicts
• Increasing compliance levels by making it easier for participants to complete forms
•  Incorporating the organization’s unique requirements into the forms using SmartForms technology

About CenterLight Health System
For more than 90 years, CenterLight Health System, formerly Beth Abraham Family of Health Services, has been caring for New Yorkers in need from all backgrounds and walks of life. As one of the largest comprehensive, not-for-profit healthcare organizations in the country, we care for more than 11,000 people each day in the New York metropolitan area.

About Osprey Software Solution
Osprey Software Solutions is a premier team of experts in the design and development of complex business applications. Osprey has assembled one of the most highly-regarded teams of architects, engineers, and consultants in the software development business. The Osprey team has an outstanding track record in the design and delivery of large scale, advanced business systems in a variety of industries, including: Financial Services, Lending, Energy, Healthcare, and Defense. 

Contact information:

For more information about Osprey COI RiskManager^TM, call Osprey at 518-203-3995 or contact@ospreyss.com

University at Buffalo, The State University of New York (SUNY) Goes Live with Osprey’s Conflict of Interest COI RiskManagerTM

Waltham, MA (12/3/2012) – Osprey Software Solutions (www.ospreyss.com), a software development company focused on the creation of fully-integrated, forward-thinking enterprise solutions, announced today that the University at Buffalo (New York’s largest public university) is using the Osprey COI RiskManager^TM system to solve their demanding conflict of interest compliance needs.  Osprey COI RiskManager™ will efficiently capture, track and report the required disclosures for the University’s several thousand faculty, post-docs, and fellows. The system further helps protect the University by ensuring compliance with the new National Institute of Health (NIH) conflict of interest disclosure regulations.

“We selected Osprey COI RiskManager^TM because it is comprehensive, intuitive, and scalable and will allow us to streamline our process to comply with the new NIH disclosure reporting requirements,” says  Edward Zablocki, UB’s Conflict of Interest Officer.   “With nearly 3,000 users scattered across multiple locations, we needed a system that is flexible, user-friendly, straight-forward and could be implemented quickly and easily.  Osprey’s team understands our unique requirements and is dedicated to ensuring our success.”

Osprey COI RiskManager^TM is configurable and easy to deploy.  It promotes participant compliance and improves organizational effectiveness.  Participants are guided through focused, interactive questionnaires that dynamically prompt them only for necessary information. Additional information is requested only when a potential conflict is detected.   The postponement and reminder features enable participants to complete the information at their convenience which improves compliance levels.  

“We’re excited to bring Osprey COI RiskManager^TM to the University at Buffalo with an eight week implementation cycle,” says Chris Cazer, CEO of Osprey Software Solutions. “We are pleased that the University determined that our solution offers the tools, features, and unique user interface that they need to ensure their regulatory compliance.”

Osprey’s COI RiskManager^TM also features comprehensive committee management functions that include scheduling meetings, conflict hearings, creating management plans, and storing all minutes in one place.

By using Osprey COI RiskManager^TM, universities, hospitals and medical organizations see improved control and reduced risk by:  

• Utilizing the system’s automatic detection and notification of potential conflicts
• Increasing compliance levels by making it easier for participants to complete forms
• Incorporating the organization’s unique requirements into the forms using SmartForms technology

About University at Buffalo
The University of Buffalo is a premier, research-intensive public university dedicated to academic excellence. UB’s thinking, research, creative activity and people positively impact the world. UB students and faculty are applying their knowledge to a diversity of projects addressing local and global challenges. The research we do changes lives around the world and drives the growth of the Buffalo-Niagara and New York State economies.

About Osprey Software Solution
Osprey Software Solutions is a premier team of experts in the design and development of complex business applications. Osprey has assembled one of the most highly-regarded teams of architects, engineers, and consultants in the software development business. The Osprey team has an outstanding track record in the design and delivery of large scale, advanced business systems in a variety of industries, including: Financial Services, Lending, Energy, Healthcare, and Defense. 

Contact information:

For more information about Osprey COI RiskManager^TM, call Osprey at 518-203-3995 or contact@ospreyss.com

Osprey's CEO Chris Cazer will be presenting at the National Association of Credit Unions

Topic: Solving the Credit Union 'Tower of Babel' With a Common Lending Data Language 

National Association of  Credit Unions

Lack of data interoperability is hurting your credit union’s business and members. A dearth of system standards, the same type that drove the efficiency and growth of the Internet, is increasing the cost and time to market for new business initiatives, increasing information security risk and requiring extensive due diligence efforts to ensure the safeguarding of data. By creating true standards surrounding a lending format, communication, and security of credit union and partner data can be significantly improved, allowing for a similar improvement in services offered. This thought-provoking presentation will educate you on the importance of developing standard protocols for lending data, how it benefits all stakeholders, and also how to go about creating these standards.

Speakers: David Hilger, Senior Vice President Information Technology, Allied Solutions; and Chris Cazer, CEO, Osprey Software 
 
LoanConnectOnce.org is a non-profit community of lenders and loan system providers dedicated to implementing a universal loan data format that can serve as the basis for cost-effective, reliable integration among all the systems which the industry relies on to do business.

Osprey will be attending Exl's Trial Master File Summit January 19th-20th

Exl's Trial Master File Summit  January 19th-20th,  2012
Westin Arlington Gateway, Arlington, VA 22203
Trial Master File Summit Website: http://www.exlpharma.com/events/trial-master-file-summit 

Osprey eTMF RiskManager™ with Electronic Trial Master File

eTMF RiskManager™ is a web-based platform for collecting, managing and accessing essential regulatory documents that eliminates the challenges and risks of a paper-based TMF. Using the built-in customizable catalog of essential documents, the system can automatically solicit and track submission of all required information from individuals. Osprey eTMF RiskManager™ Smart Form technology insures that all information entered is complete and accurate - eliminating the need for manual verification. The system also supports attachment of electronic copies of forms enabling them to now be tracked automatically.

For additional information about our products or services:
Call us at 518-203-3995 or send your inquiry to sales@ospreyss.com.

Conflict of Interest Compliance: Paper or Web-based Solution?

The business processes and administrative procedures at healthcare organizations are tightly controlled and regulated. Yet the information technology systems that run these organizations are used by a wide variety of professionals whose attention is more focused on good medicine and research.

Conflict of interest (COI) compliance is a complex discipline with many moving parts. In large healthcare organizations, with many projects and research professionals, the process can be daunting. Manual compliance processes are time and resource intensive and most off-the-shelf systems are woefully inadequate for managing COI compliance in medical research, leaving organizations with substantial risk and liability exposure.

To address this problem, institutions are moving over to web-based compliance management systems to take the place of existing paper-based manual methods. They are designed to reduce risk, reduce cost, save time and increase productivity. Osprey Software Solutions has introduced Osprey COI RiskManager™, an enterprise-class compliance management system designed with the guidance and support of Partners™ Healthcare.

“After more than three years of use and rigorous testing at Partners HealthCare, we are confident that Osprey COI RiskManager is a reliable, efficient, and user friendly solution to report and proactively identify potential conflict of interest issues at medical organizations,” said Scott McNeal, Director, Research Enterprise Applications at Partners HealthCare.

As research projects continue to grow and COI compliance becomes more complex, more and more institutions will be trading up the paper process in favor of web-based solutions to streamline the management process.

About Osprey Software Solutions
Osprey Software Solutions, Inc. is a premier team of experts in the design and development of complex business applications. Osprey has assembled one of the most highly regarded teams of architects, engineers, and consultants in the software development business. The Osprey team has an outstanding track record in the design and delivery of large scale, advanced business systems in a variety of industries, including: Financial Services, Lending, Energy, Healthcare, and Defense.

For more information about Osprey’s COI RiskManager please email Michael Vidoni or contact him by phone 888.677.7394, ext.1004.

Partners HealthCare and Osprey Software Solutions Team Up for Conflict of Interest Solution

WALTHAM, Mass. --(BUSINESS WIRE)-- Osprey Software Solutions has announced the introduction of Osprey COI RiskManager^TM, an enterprise-class compliance management system designed to automate conflict of interest (COI) reporting at hospitals and medical research facilities. Osprey COI RiskManager was built from the ground up using the demanding COI reporting processes and best practices at Partners HealthCare as the application model.

"After more than three years of use and rigorous testing at Partners HealthCare, we are confident that Osprey COI RiskManager is a reliable, efficient, and user friendly solution to report and proactively identify potential conflict of interest issues at medical organizations," said Scott McNeal, Director, Research Enterprise Applications at Partners HealthCare.

At the heart of Osprey COI RiskManager, is a web-based workflow framework that provides interactive forms and questionnaires that can be fitted to an organization's own COI process simply by snapping questions into custom workflow templates. "COI RiskManager makes is easy for researchers to comply because the disclosure automatically adjusts itself, in real-time, based upon the responses," said Chris Cazer, CEO of Osprey Software Solutions. "COI RiskManager automatically prompts for follow-up, and alerts researchers and oversight managers as necessary. Using the system's FormsWizard^TM, templates are easily customized by the end user making it simple to integrate any of their own forms and workflow approval processes."

Osprey COI RiskManager^TM offers several options for quick, easy deployment, including ‘instant on' in Osprey's secure service bureau, or behind the organization's firewall, where the organization can manage its own security.

"Osprey COI RiskManager has automated Partners' COI reporting program and has given the Partners organization quick visibility into existing and potentially problematic relationships, so they can be addressed," added McNeal.