The Senior Editor of InvestmentNews, Jeff Benjamin,
<font> published an article today </font> about investing in Healthcare Information Technology (Health IT) along with a reference to my Global Health IT Index and phone interview comments. The Global Health IT space is well suited for an exchange-traded fund (
ETF ) basket approach to investing since most of the companies are small / micro-caps, but poised to benefit from long-term growth trends and consolidation in the industry by leaders such as Allscripts-Misys (NASDAQ:
MDRX ) and Cerner (NASDAQ:
CERN ).
The
<font> HavRx Global Health IT </font> Index is actively managed and tracks the performance of companies with market caps below $10 billion that derive over either $50 million or 50% of their trailing 12-month revenue from products and services for the following activities: (1) electronic transmission, storage, and processing of prescriptions; (2) secure e-mail transmission for healthcare facilities; (3) electronic transmission, storage, and processing of medical imaging and diagnostic information; (4) electronic storage and systems for administrative functions of healthcare facilities and medical records; (5) electronic transmission, storage, and systems for healthcare market data and clinical trial data; (6) electronic systems, devices, and services for remote, real-time monitoring of patient health parameters; (7) medical transcription services, products, and systems for conversion into electronic medical records.
Disclosure: No positions 
$19.5 (11/01/09)
