2020 Predictions

Nov. 15, 2011
Really going out on a limb, here's a prediction of the outcome of each of the previous 2010 ventures 10 years later: 1. The Acquisition — the

Really going out on a limb, here's a prediction of the outcome of each of the previous 2010 ventures 10 years later:

1. The Acquisition — the multi-billion dollar, multi-national firm will divest its HIS vendor in order to return to its core competency, just like:

  1. GTE — bought MedSeries 4 from IHC, then sold it to SMS (shocking)
  2. Revlon — bought MIS from Technicon, sold it to the Whiteheads (not just a cosmetic change)
  3. AllTel — bought TDS, sold it to Eclipsys (at speed of light)
  4. McDonell-Douglas — bought HFC, MHS, etc, sold all to American Express (on credit?)
  5. Dupont — bought Trinity RIS system, sold it (when it failed the acid test)
  6. AT&T — bought Texas-based Infostat, then sold (a long distance from their NJ HQ)
  7. Bell Atlantic — bought Stat-LAN, then sold out (rang no one's bell...)
  8. Ferranti — bought Pentamation, then sold it to Keane (for the long term)
  9. Misys bought Patient One (ex-UltiCare) from Per Se, re-named it CPR, sold it to QuadraMed (4th owner = "Quadra?!")
  10. Etc, etc., etc.

2. New Product — the new product from an HIS vendor experienced:

a. Bugs and technical problems delayed the beta site

b. Product delivery broken down into a series of releases: 1, 2, 3, etc.

c. Pricing and packaging modified (increased) accordingly

d. Technical difficulties encountered with new release of OS and DB

e. Delivery dates per release slide several quarters/years...

f. Turnover in product management at vendor HQ, new releases & dates

g. Releases broken down into sub-releases: 1.a, 1.b, 1.c, then 2.a, 2.b, etc.

h. Each encountering technical difficulties and delays (months, quarters...)

i. Product re-named, with new release nomenclature and new dates...

j. Finally completed circa 2020, but a better version being developed...

3. New Vendor — the new HIS vendor exits the market, citing:

a. Unexpected technical difficulties encountered at beta site

b. Longer time than expected to complete releases/versions

c. Turnover in executive and middle-management staff

d. An attractive offer by a new owner that could not be refused

e. New owner takes the product off the market, and/or combines it with another.

Sponsored Recommendations

A Cyber Shield for Healthcare: Exploring HHS's $1.3 Billion Security Initiative

Unlock the Future of Healthcare Cybersecurity with Erik Decker, Co-Chair of the HHS 405(d) workgroup! Don't miss this opportunity to gain invaluable knowledge from a seasoned ...

Enhancing Remote Radiology: How Zero Trust Access Revolutionizes Healthcare Connectivity

This content details how a cloud-enabled zero trust architecture ensures high performance, compliance, and scalability, overcoming the limitations of traditional VPN solutions...

Spotlight on Artificial Intelligence

Unlock the potential of AI in our latest series. Discover how AI is revolutionizing clinical decision support, improving workflow efficiency, and transforming medical documentation...

Beyond the VPN: Zero Trust Access for a Healthcare Hybrid Work Environment

This whitepaper explores how a cloud-enabled zero trust architecture ensures secure, least privileged access to applications, meeting regulatory requirements and enhancing user...