The blog today is more about opportunities in healthcare and future trends and less about pricing. You might perceive this as a small insight into where is money in healthcare investment headed.

I was meeting with an alum over the weekend and discussion came to a point where we were discussing future of healthcare. It looks like in near future, medical device companies will be cinching on their budgets.

However, government is giving incentives to hospitals to manage data through healthcare systems. So earlier they implement it , larger reimbursements hospitals get. So not only do hospitals have an incentive to implement IT management systems , they have an incentive to do so at the earliest possible. Now, there are few software available in the market - Epic, Cerner, Merck being some, there is a large requirement of consultants who can help hospitals implement the software. Now we know , why are the healthcare consulting practices hiring aggressively.

Now there is more to growth in healthcare IT. US Government wants to implement a health id like your SSN which would have all the health information of all indiduals. There has to be a system which would pick data from whatever IT system these hospitals decide to use, clean it up and add to the fields associated with your healthcare ID. IT at companies like Medtronic are undergoing a lot of work to implement the above.

General overview of what I heard from the healthcare guys I met over the weekend. I hope it is of some use to someone.