Monthly Archives: August 2020

The Hidden Costs of Hiring an IT Tech

If your business is at the point where you’re thinking about hiring a fulltime IT tech, congratulations! Having enough consistent needs to fill this role means you’ve worked hard and made good decisions that drove business growth. Our best advice? Don’t stop now!

Moving forward with hiring requires a lot of analysis to avoid major consequences down the line, though. One of the biggest decisions whether you’ll hire someone directly or use a third-party MSP (Managed Service Provider). In this article, we’ll get into the specifics of both scenarios.

Why Do You Need an IT Tech at All?

In the past, business people and tech people were two different breeds. Over the years, the gap has gradually shrunk to the point that many people are tech-savvy enough to get by for the little things. As your business has grown, though, you likely have needed to delegate many of your previous duties, like IT — even if you feel perfectly capable of handling them yourself. After all, when do you think was the last time Jeff Bezos packaged a shipment? Your IT needs have also likely grown much more complex.

If you don’t choose to delegate now, you fall into a major pitfall of leaving IT duties unassigned. In our current landscape, leaving an IT post open could be a death wish. Cyber attacks of all types are on the rise, and the amount of damage each one could impose is ballooning. For example, in 2016, the average ransomware attacker demanded $522. In 2020, that average sits around $84,000! Sadly, many of these attacks take place as a result of not having someone the wheel.

In addition, there’s the issue of efficiency and cost-effectiveness. Being lax over time can make your systems out of date, making it harder for everyone to get their work done at a reasonable rate. In addition, only replacing equipment when it’s broken and not when it functionally obsolete can create situations where portions of or your entire workforce will be unable to do any work at all for a time.

An In-House Solution

So, let’s say you’re on board with having one or more people make up your IT team, and you make the decision to hire them directly. One certain benefit is that you can look through a collection of qualified candidates and pick just the right person(s) that you want! But then the other shoe drops.

Just like any other employee, before you hire someone for your IT needs, you have to consider the costs. For instance, the average price of an IT professional is $60,000 per year. Alright, so you budget out $60,000 — then you’re all set, right? Far from it!

Where is this person going to work? Maybe you already have space for them, but these professionals require more expensive hardware and monitor setups. Additionally, you need to factor in the network diagnostic software plus any industry-specific software. Since they’ll generally be on call, they’ll need a phone with a good plan so you can always reach them and possibly a company car (or at least some form of vehicle reimbursement) if you have multiple locations. Don’t forget that expense account!

Besides the specific expenses mentioned above, remember that this person is still an employee, so you have all the other general costs your other employees have associated with them. This can include health/life insurance, vacation time, sick time, 401K plus any bonuses or overtime pay they may rack up.

And what do you do if they leave? The implicit and explicit costs can be truly staggering when you take the time to add it all up.

A Safer Option

In the past, the above option was the only choice most employers had available to them. Based on the high costs (both known and unknown) associated with hiring an IT professional, it’s no surprise that companies have flocked to an alternative option: MSPs.

With an MSP, you have all the benefits of a fulltime employee without the downsides.

They will be consistently available, knowledgable in your network, and focused entirely on IT rather than other day job expectations. Need assistance when it’s time for regular upgrades or maintenance? Want someone to redesign your entire IT setup? Looking for someone to completely take over your IT operations, including telephone, so you can focus 100% on your core business? These are the sorts of services you can get out of an MSP.

Even better, the price you sign in the contract is the price you know you have to pay month after month, unlike the many unknown costs of an employee. There are no HR issues to worry about and the work is on the shoulders of a company, not an individual.

If your company is at the point where you know you need dedicated IT personnel but are unsure about which direction you’d like to go, contact us ASAP. We would be more than happy to go over your needs and discuss the best options.

Is Cost Holding You Back?

Managing expenses is one of the core tasks of any business owner or manager. Nothing is free, so if you want to keep the lights on and your office staffed, you need to know what’s coming in and what you’re paying out.

But to run operations profitably, you might find yourself having to prioritize your expenses. When you do that, what gets bumped up-front and what gets pushed to the back? A mistake that many businesses — especially medical offices — make is to give IT a lower priority.

In this blog, using medical offices as our example, we’ll discuss why most offices tend to place too low of a priority on their IT budget and what can happen as a consequence if they’re not careful.

Why Such a Low Priority?

Many types of businesses think nothing of dropping hundreds of thousands of dollars on diagnostic machines or specialty equipment, yet they drag their feet when it comes to upgrading outdated computer terminals. In all honesty, this shouldn’t come as a big surprise as CEO’s often have an “If it ain’t broke, don’t fix it” mentality. After all, how often have you been to a doctor’s office and have seen a scale that looked like it was manufactured during the Nixon administration?

While imaging systems and other medical equipment offer tangible benefits to physicians when caring for their patients, some feel that if the computer system can still do what it’s supposed to be doing, then what’s the point of upgrading or expanding? Additionally, and we’re just being frank here, new medical equipment can often mean more money in the pocket of the practice, whereas giving the reception desk updated terminals doesn’t seem to offer any real profit

That being said, there are other reasons for not wanting to upgrade other than just dollars and cents. For instance, finding good hardware or software can be difficult as everything used needs to be HIPPA compliant — something that not every system can claim. As a result, upgrading can be a nightmare, especially when the current system that’s being used was installed decades ago.

The High Cost of Low Budgets

With many types of investments, including IT purchases, the less you pay upfront, the more you’ll pay in the future. In the example mentioned above of the old scale, as long as it’s accurate, it doesn’t matter how old it is since it does its job. But if you’re running older computer systems that don’t have modern safety protocols, for example, your system is exceptionally vulnerable to attacks.

While hackers wanting to steal credit card numbers is no surprise, what is surprising is the apparent value of medical records being sold inside the dark web. In last May alone, there were 28 reports of hacks stealing more than 500 records from medical systems nationwide. HHS’ Office for Civil Rights reports a 59% year-over-year increase in these sorts of attacks, with much of it blamed on outdated systems and hardware. Not only is it difficult for the patients whose privacy has been violated, but it also opens up these healthcare providers to a sea of liability.

In addition to security risks, you may also face the risk of being left behind. Patients are now treated at a higher level of service than ever before. For instance, who ten years ago could have ever dreamt of a world where you could receive your test results at the same time your doctor does, on your phone? These and many other services can be provided via patient portals, which are a major example of how the future is now alive in healthcare. A significant emphasis has been made making patients and doctors partners and the only way to do this is by easy access to information.

Lastly, modern IT just makes everything move faster. Whether it be billing, insurance claims, scheduling, or any other aspect of running a medical facility, there’s no doubt that the fewer resources that are dedicated to non-medical tasks, the better and faster your patients can be cared for.

Modern Solutions to Modern Challenges

Even with all these benefits made clear, the challenge is still in the acquisition, implementation, and upkeep of a modern IT solution that will work best for your operation. With so many options at so many price levels, it can be a major undertaking to know what will work best for you.

That’s where a quality Managed Service Provider comes into play. MSPs work well with healthcare organizations since we do all the IT work for you, allowing you to get back to taking care of your patients. We go over what you currently have and work within your needs and budget to see what will make your office run at top efficiency.

By using our experience and know-how, we cure your issues so you can cure the rest of the community.