Dear Clients and Friends,
Welcome to our May issue of H.I.T Greatest Hits.
Click here for H.I.T. Greatest Hits
When we hear that hospitals who make the most errors are more profitable, it makes one wonder if we have made much progress in improving our healthcare system. At times it might be difficult to imagine a world where we can offer better care, with less money, for more people.
Whether or not you are a fan of government intervention, it is clear that the incentives that came with the passage of the Health Information Technology for Economic and Clinical Health (HITECH) Act provided “seed money” intended to improve our broken healthcare system. These incentives, coupled with the support and funding from our venture capital community, helped launch the first wave of next generation HIT companies.
These are indeed exciting times in our industry and we share that excitement and enthusiasm. We are confident that these innovative companies will lead us down a path where we can have better care at lower cost. The confluence of advanced technologies, government mandates, social imperatives and availability of capital, make this time a prime time for our industry.
Sincerely,
Afsaneh Naimollah
Partner