US Healthcare Spending On Telecommunications Services Hits $43 Billion
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The $2 trillion ecosystem of hospitals, physicians, pharmaceutical companies, and insurance providers will be spending nearly $43 billion on telecommunications services over the next five years, with wireless services used by hospitals and physicians showing the fastest growth, says a new market research study released by the Insight Research Corporation. Forces such as an aging population and worker shortages, are pushing the industry to find alternative approaches to current business practices that are expected to rely heavily on telecommunications services. |
| Healthcare has become one of the fastest growing vertical markets for IT and telecommunications services. Insight projects that the US healthcare telecommunications services market will grow at a compounded rate of 5.4%, from $6.3 billion in 2006 to $8.1 billion in 2011. Spending on wireless technology is expected to grow at more than twice the overall rate. | |
