Health Science Independent Equity Research
The desire to avoid debilitating disease and achieve longer life is driving innovation in the medical device arena. New technologies and procedures promise to reduce the need for invasive surgery and the long period of recovery time that it often involves. Though companies continue to innovate, in the near term, closer scrutiny of hospital budgets and patient reimbursement plans will require medical device companies to validate their discoveries and patient results from new devices.
The need to eliminate error-prone paper-based methods for tracking drug discoveries and procedures, combined with the desire to automate patient record keeping creates a number of opportunities in the healthcare IT sector. The ability to provide cost effective solutions utilizing contemporary computer and software architectures will be key factors for success in this evolving field.