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In 2005, health care spending in the United States reached $2 trillion, and was projected to reach $2.9 trillion in 2009
Health care spending is 4.3 times the amount spent on national defense
In 2005, the United States spent 16 percent of its gross domestic product (GDP) on health care. It is projected to reach 20 percent in the next decade
Undoubtedly, the healthcare market is a considerable portion of the U.S. economy. As the demand for universal healthcare coverage grows, suppliers of healthcare services are looking for better and more innovative ways to reduce costs. Hospitals, medical clinics, diagnostic laboratories, elder care facilities, dental care offices, pharmacies, and every manner of healthcare provider in the supply chain is in a constant search for market efficiencies.
Since the advent of the PC, information technology has been at the forefront and a significant contributor to the productivity gains in the healthcare industry. In the past decade or so, the convergence of video, voice and data communications in conjunction with a rapid digitization of all types of content has further increased the potential for deriving even more cost efficiencies out of the healthcare supply chain. The secure transmission, control and management of digital content across healthcare networks within this supply chain are a key enabler in driving down costs.
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