Heme On Pennytobuck's Watchlist For Friday : Healthmed Services
HealthMed Services Ltd, formed in 2000 when technology was on the rise
. The focus of the company has been to develop products to better efforts of the healthcare industry through the use of technology. HEME is building a revolutionary product that will forever change the way the healthcare industry communicates within itself. HEME remote desktop software will allow a handheld computer device to transmit information directly with a desktop pc or server. This will allow records to be electronically created and stored, rather than manual printed and scanned. This will reduce required manpower for pushing paper. This will allow for more accurate record keeping, thus decreasing lawsuits in a litigious society. Most importantly, it will also free up more time for healthcare professionals thus allowing more time to be spent with clients or family.
Healthmed Services, Ltd. (OTC:HEME), an innovative software development company, is pleased with the recent studies and reports on information technology spending. HEME foresees their products as being a nice fit in the technology upgrades being made as part of the healthcare industry modernization. It is expected that healthcare spending in general could reach 4.5 trillion dollars by 2019.
President Obama has pledged 630 billion dollars over the next 10 years to the industry.
The US American Recovery and Reinvestment Act of 2009 has already awarded 70 billion dollars through the US Department of Health and Human Services to the healthcare 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 in 2010.
Research firms show 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.
Andrew Bartels, vice president and principal analyst at Forrester Research, stated, "I now expect the U.S. IT market to grow by 8.4%, a bit higher than my earlier forecast, because of better-than-expected performance in communications equipment."
According to Forrester's research for the first quarter, U.S. spending on information and communications technology products and services will reach 741 billion dollars in 2010.
HEME is optimistic their objective is in concert with the plans and goals of the healthcare industry. HEME will continue to build products and services that help professionals work more efficiently, help organizations provide convenience to their staff, and add value to the technical side of healthcare.
HEME is developing a remote software product that will mobilize healthcare professionals and increase their efficiency by allowing them to interact with their stationary PC and do electronic charting from anywhere in the facility and also also them to update patient records, all via an iPAd. The product is an innovative measure that will simplify record-keeping.
HealthMed also plans to provide online services through its Web site that includes a public portal, a Web site for individuals, consumers, and the general public that is designed to provide health information and recommendations; and a private and custom-designed/client-specific portal, a private-labeled Web site that would allow employees to access their personal health records and research various health and medical related topics, as well as provide access to information and resources to assist them in making personal health plan and medical treatment decisions.
You may read more about HEME and its product developments on its website: www.healthmedltd.com
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by: Bill Pennyman
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