BC Advantage - 2005 Issue 11

Huge growth for tech in health sector

Medicine is an increasingly hi-tech business, but doctors and hospitals around the world remain bogged down in paperwork.The result can be lost records, clerical errors and mis-prescribing of drugs.Now, in a bid to improve patient care, governments in Europe and North America are pushing for the adoption of electronic records and data transfers, which is kick-starting the growth of a hybrid business that attracts companies from both the healthcare and tech arenas.Worldwide, the healthcare information technology market is estimated to be worth more than $50 billion a year, and industry executives -- lining up for a...

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