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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 | 1 Comment »
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