Business News
SpineMark Receives Frost & Sullivan 2008 Orthopedic Research Customer Value Enhancement Award
2008-08-19 07:00:00
Global Growth Consulting Company Praises SpineMark's Impact on Spine Care
Advancements
SAN DIEGO, Aug. 19 /EMWNews/ -- SpineMark Corporation, a spine care
services organization, has received the 2008 Frost & Sullivan Customer
Value Enhancement Award in Orthopedic Research. This award is presented
each year to the company that has demonstrated more innovative value
creation and enhancement strategies than competing businesses, as
determined by Frost & Sullivan's Best Practices team of industry experts.
SpineMark's business model includes developing spine Centers of
Excellence and Spine Research Organizations through hospital and physician
partnerships, and managing clinical research trials and hosting surgical
trainings on behalf of medical device companies. The company's unique
approach to advancing the treatment of spinal disorders through the
formation of a network of industry experts was a deciding factor in the
Frost & Sullivan team's decision.
"SpineMark Corporation plays an innovative and vital role in the
market, and is helping to transform the standard of spine care," said Frost
& Sullivan industry analyst Archana Swathy.
Established in 2004, SpineMark is focused on patient and physician
satisfaction, customer service and quality. The company's goal is to
improve the quality of life for patients afflicted with spinal disorders
and injuries and expand access to advanced treatment options.
SpineMark's three main business units -- SpineMark Centers of
Excellence, SpineMark Clinical Research Organization Management and the
SpineMark Medical Conference Center -- work together to foster advancements
in treatments and technology through research, collaboration and education.
"We are honored to receive this prestigious award as validation of our
efforts and commitment to improving the quality of life for patients
suffering with spine injuries," said Marcy T. Rogers, M.Ed., president and
CEO of SpineMark.
About Frost & Sullivan Best Practices
Frost & Sullivan Best Practices Awards recognize companies in a variety
of regional and global markets for demonstrating outstanding achievement
and superior performance in areas such as leadership, technological
innovation, customer service, and strategic product development. Industry
analysts compare market participants and measure performance through
in-depth interviews, analysis, and extensive secondary research in order to
identify best practices in the industry.
In order to select an award recipient, analysts quantify several market
factors for each market participant according to predetermined criteria.
Through primary and secondary research methods, all companies' customer
value and service strategies are tracked. When a company demonstrates
proactive strategies to create increased value for customers, which in turn
leads to increased penetration, it is a candidate for the Customer Value
Enhancement Award.
The key differentiators of a Customer Value Enhancement Award from a
traditional Customer Service Award are that:
1. it is a proactive function rather a reactive function
2. it focuses on value creation and enhancement rather than simply
ensuring client satisfaction
3. it focuses on maximizing the ROI of the investment customers make in a
company's products or services rather simply providing after sales
support and service
This Award recognizes the degree to which the company's strategies have
met customers' stated needs and requirements. Such innovation is expected
to significantly improve customer interaction and contribute to customer
value.
For more information about Frost & Sullivan's Best Practices Awards,
please visit http://www.awards.frost.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients
to accelerate their growth. The company's TEAM Research, Growth Consulting
and Growth Team Membership empower clients to create a growth-focused
culture that generates, evaluates and implements effective growth
strategies. Frost & Sullivan employs over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the
investment community from more than 30 offices on six continents. For more
information about Frost & Sullivan's Growth Partnerships, visit
http://www.frostandsullivan.com.
About SpineMark
SpineMark Corporation is an innovative service organization dedicated
to transforming the delivery of spine care. The company partners with
hospitals and physicians across the United States and abroad to develop and
operate comprehensive, evidence-based spine centers of excellence. By
building a global network of spine centers, spine research organizations
and state-of-the-art medical conference facilities, SpineMark is improving
the overall quality of life of patients afflicted with spine disorders and
injuries. Driven by the specialized experience and expertise of its
leadership team and medical advisory board, SpineMark's goal is to create a
global network, based on clinically validated best practices for spine care
that streamline diagnosis and treatment, simplify referrals and accelerate
the recovery process. For more information, visit http://www.spinemark.com.
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