There is No Recession in...

Over $135 billion MORE was spent on healthcare in 2009 ($2.5 trillion) than in 2008.

Let's put that number in perspective - the increase in healthcare spending in the U.S. in 2009 was greater than the revenues of Microsoft, Cisco, Google, and Apple. Combined.

And with over 50% of this spending coming from government - primarily from Medicaid spending (up 10%) and Medicare (up 8%) - there is no end in sight to the growth.

Quite simply, there is NO recession in healthcare.

You Can Cry About It or You Can Seek Opportunities In It
 
We here at Growthink are not doomsayers. Far from it. As a patriotic American, I am doing what I can (and hope you are too) to make sure our leaders in Washington DO SOMETHING to corral this out-of-control beast.
 
But as we're all waiting for that to happen, let's look hard and long at how we can profit in sectors and with companies that are rising FAST with the overall healthcare tide.

Healthcare IT - A $25.5 Billion Business

One we love and you should too is Healthcare Information Technology (HIT) - a $25.5 billion a year industry and one growing at 16%/year.

HIT is comprised of BIG sectors:

--  Practice Management Systems (PMS) - a $2.9 billion/year business growing at 8%/year
--  Electronic Health Records (EHR) - a $5.3 billion/year business growing at 18%/year
--  And last but certainly not least - Transcription, Billing, and IT services, clocking in at $18
    billion/year and growing at 11%/year

Within Each of These, There are Booming Companies and Consolidation Opportunities

Within each of these sectors are dozens of under-the-radar companies experiencing hockey-stick revenue growth, developing break-through technological innovations, and that are being courted by financial and strategic acquirers. 

Companies like eClinicalWorks, eMD's, Allscripts-Mysis, Intuun, Spring Medical Systems, Ingenix, and MedSynergies. 
 
Let me say it again - there is NO recession in healthcare (and no unemployment for that matter either).

Best regards, and look forward to connecting.
--
Jay Turo
CEO
Growthink, Inc  

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P.S. I know too many otherwise intelligent business men and women who have been listening to all of the negative drivel that passes as business news out there, and sitting on the sidelines and missing opportunities.
Don't be like them.