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Digital Technology and Future Federal Health Policy
Staff Reporters
According to the Dow Jones Newswires, at 12:17 PM ET on 11/05/2008, companies providing digital technology to manage patient records and prescribe drugs are likely to benefit from the administration of Barack Obama.
Health IT Beneficiaries
Why? President-elect Obaba wants to spend $50 billion to computerize the US medical infrastructure and several companies could benefit.
For example, Irvine, Calif.-based Quality Systems Inc. (QSII), Watertown, Mass.-based Athena Health Inc. (ATHN) and Chicago-based Allscripts-Misys Healthcare Solutions Inc. (MDRX) are among the companies that could benefit, directly or indirectly, from government money as a result of an as-yet vaguely defined high-tech health-care proposal.
Other IT Companies
Many more companies, including Allscripts’ hardware partner, Round Rock, Texas-based Dell Inc. (DELL), could even see revenue rise if investment takes off; according to the Charles Schwab Company.
Assessment
And – as reported – according to John Sheils – senior VP of the Lewin consulting group in Virginia – “This is going to be a boon because there will be demand for these systems, then demand for maintenance and improvements, plus the software that people would need,”
Conclusion
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Filed under: Drugs and Pharma, Information Technology, Investing | Tagged: Allscripts, Athena Health |
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Oh yea!
Speaking of the new administration, I was quoted today in an article written by Kathy Kincade, Editor-in-Chief of DrBicuspid titled “Electronic health records: Part II Patient privacy and ROI.”
http://www.drbicuspid.com/index.aspx?sec=sup&sub=pmt&pag=dis&ItemID=301344&wf=34
Of Insecurity
“The many benefits that are possible from data mining interoperable eHRs will never be attained if patients or doctors don’t trust the security,”
Said Darrell Pruitt, D.D.S., of Fort Worth, TX, and a prolific online commentator about eHRs told DrBicuspid.com in an e-mail.
“If the stakeholders roll out a product that disrespects patients’ rights to privacy, Americans will never trust EHRs, and all the magic that could benefit our grandchildren will never be realized.”
-Darrell K. Pruitt; DDS
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