It should be boom time for companies selling Clinical Information Systems (CIS). A research report from Millennium Research Group (MRG) of Waltham, Massachusetts, predicts that patient safety programs will fuel a demand by health systems for CIS products. The report, “U.S. Markets for Acute Care Clinical Information Systems,” says hospitals are adopting CIS to help them provide adequate, timely care, and prevent errors.
ADD TO: CIS Demand
In the report, Millennium Research Group (www.mrg.net) defines the CIS market to include radiology information systems, pharmacy and medication management information systems, cardiovascular and cardiology information systems, laboratory information systems, emergency department information systems, and critical care information systems. MRG notes that this market was valued at over $900 million in 2005. By 2010, MRG predicts revenues in the CIS market will exceed $1.5 billion.
NEW BLOOD TEST FOR DEPRESSION EARNS AWARD
A new blood test for mental illness won a prestigious award earlier this month in London, England. Medical Futures is an organization in London that promotes developments in healthcare. On June 14, Medical Futures (www.medicalfutures.co.uk) gave its Overall Mental Health & Neurosciences Innovation Award to Sabine Bahn, M.D., a consultant psychiatrist at Cambridge University, for development of a blood test that can be used to diagnose mental health diseases such as depression or schizophrenia using novel bio-markers. Bahn has reported that her test is based on distinctive chemical “signatures” that are associated with four different mental health disorders. Bahn noted that “We have found markers which are changing in the brain, spinal fluid, and in the blood, so we have focused on identifying a signature of several markers in the blood.” The test can identify patients predisposed to mental illness long before they present with symptoms. Should clinical studies validate the effectiveness of this assay, it will open up a new channel of lab testing with psychiatrists and other clinicians in the mental health field. The World Health Organization predicts that depression will be the second biggest healthcare burden by 2020, ahead of cancer and HIV, and behind only heart disease.
Dark Daily Update
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…how PACLAB Network Laboratories of Seattle, Washington, now holds a 30% market share, about equal to the market shares held by each of the two national labs in the Seattle metro.
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