The health care sector in the United States is big and rapidly getting bigger. Health care expenditures were projected to reach $2.5 trillion in 2009, according to the U.S. Department of Health and Human Services. Over the next 10 years, U.S. health care spending is predicted to nearly double.
Arguably, the factor that has fueled advancements in health care more than any other is technology. The digitization of information combined with powerful and inexpensive computing power has enabled previously unimaginable medical discoveries and new ways to diagnose and treat ailments. Technology has also had an enormous impact on the administration of the health care system. Yet most acknowledge the full potential of technology has yet to be realized.
The centerpiece of many recent discussions and proposals for reforming the health care system is the use of technology. Opportunities undoubtedly exist to improve the efficiency and effectiveness of the health care system.
There are several reasons why health care is an appealing destination for IT professionals today. Health care is one of the few industries least affected by up-and-down gyrations in the economy. It’s also primed for an influx of new investment, spurred in large part by the Obama administration’s setting aside of $1.2 billion in federal stimulus money for deployments of electronic medical records systems and other health care IT initiatives.
Estimates pegged the U.S. health care IT market at more than $25 billion in 2009. Future growth forecasts vary depending on assumptions, but most predict…
Please log in or subscribe to read this article