Lifespan has announced that the company will soon be providing a user friendly and integrated software/hardware operating system that helps wireless medical devices to transmit and receive medical information.
This new product by Lifespan is expected to deliver benefits such as improved patient outcomes, better patient satisfaction and a reduction in costs, according to the company.
The company predicts huge demand for its product as companies like General Electric and Intel are teaming up in a $250 million partnership to sell high-tech devices that monitor seniors in their homes. The current market demand for these products is estimated to be $3 billion a year and could grow to $7.7 billion by 2012, according to Lifespan.
“LifeSpan’s Medical Information Technology is a breakthrough in integration of operating system software/hardware to manage electronic medical data,” said Albert Cook, the creator of the system. “The medical data is generated through home-based medical testing devices and securely transmitted via handheld wireless devices. Information is then transmitted to the patient’s web-based electronic medical record storage location where it can easily be accessed by Physicians.”
Lifespan originally partnered with Mitsui, Sanyo and ultimately Samsung Electronics to create this product which can collect, store and transmit medical data through the Internet. The company is working on the final stages of development with a leading technology company that has created technology delivering enterprise and mobile infrastructure, development and integration software and hardware solutions.
Recently, the company
announced its plans to create a comprehensive program that will incorporate the results of testing systems into a web based EMR that will be instantly accessible by Patients, Physicians and other Providers. President Obama’s Stimulus Package provides $20 billion to health care IT and pushes government agencies, doctors and hospitals to adopt Electronic Medical records (EMR) and get medical records online.
Raju Shanbhag is a contributing editor for HealthTechZone. To read more of Raju’s articles, please visit his columnist page.Edited by
Tim Gray