|InvestmentNews: Health IT Investing, Index Mention|
|Sunday, 01 November 2009 09:50|
The Senior Editor of InvestmentNews, Jeff Benjamin, published an article today about investing in Healthcare Information Technology (Health IT) along with a reference to my Global Health IT Index and phone interview comments.
The Global Health IT space is well suited for an exchange-traded fund (ETF) basket approach to investing since most of the companies are small / micro-caps, but poised to benefit from long-term growth trends and consolidation in the industry by leaders such as Allscripts-Misys (NASDAQ: MDRX) and Cerner (NASDAQ: CERN).
The HavRx Global Health IT Index is actively managed and tracks the performance of companies with market caps below $10 billion that derive over either $50 million or 50% of their trailing 12-month revenue from products and services for the following activities: (1) electronic transmission, storage, and processing of prescriptions; (2) secure e-mail transmission for healthcare facilities; (3) electronic transmission, storage, and processing of medical imaging and diagnostic information; (4) electronic storage and systems for administrative functions of healthcare facilities and medical records; (5) electronic transmission, storage, and systems for healthcare market data and clinical trial data; (6) electronic systems, devices, and services for remote, real-time monitoring of patient health parameters; (7) medical transcription services, products, and systems for conversion into electronic medical records.
Disclosure: No positions