The Cost of Exhibiting at HIMSS

Tim over at HIStalk has a very revealing guest article today: The Cost of Exhibiting at HIMSS (HIStalk). Since I’ve been in the product space (both HIT and non-HIT) for a while and know about the costs of exhibiting at many of these conferences it wasn’t news to me about why little guys are underrepresented. HIMSS isn’t much better or worse than, say, JavaOne or other tech conferences but if you don’t know how much small companies spend on HIMSS it’s a good case study.

QuadraMed, a company with little new sales in all of 2005, has great untapped potential. They’ve got a product that customers seem to like (good KLAS rating and happy customers) but they can’t seem to compete with the big boys (stability and size) or the little guys (price and agility). Their stock has been depressed and their market cap is less than $60 million as of today. Now, they’ve been busy with management and other structural changes but there’s no reason to believe that they’re on an immediate bounceback trajectory (it’s too early to tell what new changes will be made).

Statistical modeling in the recent JAMIA article Predicting the Adoption of Electronic Health Records by Physicians: When Will Health Care be Paperless? presents some interesting results. The study focused on small practices (where most of our EHR adoption trouble happens) and used EHR adoption data from six previous studies to estimate potential future market penetration rates. Based on their conservative models, they said: Under current conditions, EHR adoption will reach its maximum market share in 2024 in the small practice setting.

This is a guest article, written by Nicholas Cain, CEO of Cain Medical. Cain Medical is the developer of CMSense, a solution for integrating multiple medical devices into legacy or modern health IT applications. I invited Nicholas to share his thoughts about connecting to medical devices because there are more and more specialty medical devices entering our organizations and all those devices generate excellent clinical data that should be captured and managed by our existing applications.

Are you looking for something new and exciting to do at HIMSS this year? Want to attend an event that’s modern, hip, and perhaps more informative than the usual vendor events? Well then, you’re in luck. Your friendly neighborhood bloggers are considering a meet-up at the HIMSS ’06 conference next month in San Diego. Will over at Candid CIO came up with the idea and it met with unanimous approval of it being a great idea through several e-mail exchanges with other bloggers this weekend.

Clinical systems and medical devices, which deal with the lives of real people, fall into the category of high integrity systems which can’t tolerate any defects. Correctness by Construction: A Manifesto for High-Integrity Software is a great article talking about how to create low- or zero-defect software while still maintaining good developer productivity through an agile methodology. The article’s abstract says: High-integrity software systems are often so large that conventional development processes cannot get anywhere near achieving tolerable defect rates.

A friend of mine sent me a link reporting about the Artemis Project, which is described as a A Semantic Web Service-based P2P Infrastructure for the Interoperability of Medical Information Systems. Quite a mouthful. There’s a good introductory PowerPoint presentation as well. They’ve done a good job taking all the stuff we’ve been working on in the semantic web workgroups and applied it directly to healthcare data interoperability through web services standards.

This is a guest article, written by Nicholas Cain, CEO of Cain Medical. Cain Medical is the developer of CMSense, a solution for integrating multiple medical devices into legacy or modern health IT applications. I invited Nicholas to share his thoughts about connecting to medical devices because there are more and more specialty medical devices entering our organizations and all those devices generate excellent clinical data that should be captured and managed by our existing applications.

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