Research and Markets: Small and Medium -SMB- Healthcare Organizations in the U.S are Increasing Their Spending on Technology.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c19582) has announced the addition of David vs. Goliath Goliath (gōlī`əth), in the Bible, a giant of Gath, a Philistine city, who challenged the Israelites. The young David, fortified by faith, accepted the challenge and killed him with a stone from a sling. : Healthcare Vertical - SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. vs. Enterprise IT Trends and Expenditures in the US to their offering Small and medium (SMB) healthcare organizations are increasing their spending on technology, and their spending will increase even faster over the next few years. In 2004, SMB healthcare end-users spent $21 billion on IT services and equipment, while the enterprise healthcare segment (1,000 or more employees) spent an estimated $27 billion. This equates to an estimated $6 billion difference in spending between the two market segments. By 2008, this gap is expected to decrease by $1 billion, when the SMB healthcare market will spend roughly $27 billion on IT services and equipment. This recent report found the following: -Health care firms will invest significantly in applications that provide improvement to patient care and reductions in medical errors. -New federal rules known as HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, require that healthcare organizations protect data and provide physical security of buildings and hospital areas. This provides opportunities for vendors. -Vendors targeting this industry will need to serve mobile hospital and healthcare staff. Healthcare staffers are, for the most part, away from desk phones and require mobile solutions for things such as communicating with other staff, accessing patient records, accessing formulary formulary /for·mu·lary/ (for´mu-lar?e) a collection of recipes, formulas, and prescriptions. National Formulary see under N. for·mu·lar·y n. information, and viewing diagnostic information. The report, David vs. Goliath: Healthcare Vertical - SMB vs. Enterprise IT Trends and Expenditures in the US , takes a deep dive look into the healthcare vertical, including differences and similarities in the SMB vs. Enterprise healthcare segments in IT trends and expenditures. The report includes forecasts through 2009 for IT segments including applications, computer hardware, network hardware, telecom services & equipment, IT personnel, and outsourcing/hosted services. For more information visit http://www.researchandmarkets.com/reports/c19582 |
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