Law Students

Healthcare Moves to the Cloud?

CareCloud Raises $2.3 Million For Web-Based Physician Practice Software Suite. I don't know that much about CareCloud, but I do wish them well because this is going to be a super competitive field. The big EHR vendors are all (probably ) preparing cloud based solutions of their offerings and there may be some (additional) high profile big name gorillas that decide to enter this space soon.

In short, billions of dollars are going to be flowing into healthcare and currently many of the big boys have caught the smell of money. The sense is that not only is healthcare on the cloud a huge market, but many of the incumbents may be vulnerable to well-heeled competitors with both the technical and financial muscle to achieve dominance in what has historically been a somewhat protected market.

Full post as published by LawTechTV on January 19, 2010 (boomark / email).