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Cost Reduction and Consolidation Drive Buyer Decisions through 2008; Frost & Sullivan to Host Quarterly Outlook on Healthcare IT Market on Tuesday, July 26, 2005.


PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif. -- The Healthcare Group at Frost & Sullivan is pleased to announce its Exclusive Healthcare 2005 Quarterly Industry Outlook Presentation on the Healthcare IT market to be held on Tuesday, July 26, 2005 at 2:00pm CDT CDT
abbr.
Central Daylight Time


CDT Central Daylight Time

CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro;
(BRIT
 / 3:00pm EDT EDT
abbr.
Eastern Daylight Time


EDT Eastern Daylight Time

EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York

EDT 
.

The briefing will provide manufacturers, distribution channels, end-users, and other industry participants with an overview of the U.S. Healthcare U.S. Healthcare is a now-defunct healthcare company. The logo had an apple. The merger with Aetna
In 1996, the company merged with Aetna, calling it Aetna U.S. Healthcare. The U.S. Healthcare apple logo was next to the Aetna name, and U.S. Healthcare under it. U.S.
 IT market's challenges, drivers, restraints, and trends for existing and emerging market participants over 2004 and the first half of 2005. Highlights of the briefing include: market overview, industry revenue and growth forecasts for 2005 through 2008, market segmentation Market Segmentation

A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action.
, industry consolidation trends, provider and payer information systems, outsourcing strategies, major technology trends, continuing legislative and regulatory impact, and the impact of ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  analysis for budget-constricted end users.

"The rising pace of consolidation among the prime buyer base is set to sharply reduce available opportunities for HIT vendors in the near future. We believe federal standards will be needed in order to create standards for interoperability that will drive demand for scaled solutions in this environment," says Frost & Sullivan Healthcare IT & Life Sciences Industry Analyst, Randy Knox.

Frost & Sullivan will hold this conference call at 2:00 pm (CDT) / 3:00 pm (EDT) on Tuesday, July 26, 2005, which will provide industry participants an outlook of the 2005 Healthcare IT market. To participate, please email Melina Gonzalez at melina.gonzalez@frost.com with the following information: Name, Company, Title, Telephone Number, and email. Upon receipt of the above information, a registration link will be emailed to you.

Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community, by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 21, 2005
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