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International Investing / Australia (All-Ordinaries)


Subject:  medicine discovers the digital age Date:  5/5/2000  7:52 AM
Author:  bramo Number:  1428 of 6186

You might have noticed that your doctor has a pc on his desk. Not only is that the case but more and more are putting their medical records one one and they are now finally tending to use one of only a few programs.
This mightn't seem like much of an investment story but be patient.
The medical industry, GP and Specialist consists of very small finantial units held in private hands. One of the principle causes of this has been the poor portability of information. Computer programs to this date have not improved this. Everyone has used different programs (often their own) and programers have failed to understand that the information has to be packaged rigidly in a "Doctor" and "Patient Format"

A couple of software groups have finally seen the light and are working to change this. Myself and our group are watching this very carefully as they appear to be close to providing an acceptable package that could link a large number of buisnesses together thereby running under a central administration and massively reducing overhead. Even if the overheads were not decreased putting only 50 businesses like ours together would generate a company with over 100 million dollar turnover paying 15%pa dividends.

This isn't a spruke for capital. None is needed or wanted. I get a lot of interesting info from this site. Here's a bit back. Stay tuned and keep an eye out. This will be happening in the next 2 years.
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