Industry

Industry

Healthmed foresees the Company's products as improving many aspects of the healthcare industry as the industry is transformed and modernized.

Facts:

  • It is expected that healthcare spending in general could reach 4.5 trillion by 2019.
  • Wall Street analysts recently reported iPad sales expectations of 28 million by 2011 and 57 million by 2015.
  • Healthcare Information Technology studies reveal 20% of healthcare professionals plan to incorporate the iPad into their practice.
  • $19 billion has been set aside for health-information technology spending. It has been reported hospitals could get as much as $11 million and physicians may get bonuses of between $44,000 and $64,000 if they show they have computerized their medical-records systems.
  • New funds are being offered by the US Government American Recovery and Reinvestment Act of 2009 (ARRA) as loans and grants to the healthcare industry.
  • As of June 30, 2010, the Department of Health and Human Services awarded 70 billion dollars to the industry.
  • President Obama has pledged 630 billion dollars to the healthcare industry in an attempt to overhaul, modernize and transform the industry.
  • According to Juniper Research, spending on mobile hardware, software and services across the global healthcare sector is set to rise to $2.7 billion by 2010.
  • Research firms point to positive growth in hardware and software spending, which will contribute to a tech recovery in 2010.
  • However, despite the recession, more than 50% of companies are still increasing their IT budget annually.