Frost & Sullivan Schedules 2008 Quarterly Analyst Briefing Presentation on North American Homecare IT Market

The Healthcare & Life Sciences practice at Frost & Sullivan announced its 2008 Quarterly Analyst Briefing Presentation on the North American homecare IT market to be held on Wednesday, June 18, at 10 a.m. PDT.

Frost & Sullivan noted in a report that homecare agencies of various sizes handle and process more data now than ever before as the United States' senior population continues to grow. The substantial growth in this particular segment of the population matures the U.S. homecare IT market and increases the threat that the market faces as mass amounts of data handling and processing by homecare agencies strains the U.S. homecare IT market. The increase in importance of this market is correlated to the constant increase in the baby boomer segment of the U.S. population.

This homecare IT market briefing benefits U.S. homecare IT participants, emerging vendors, insurance payers, end-users of the homecare IT market, and homecare agencies.

The homecare IT market is expected to grow at an appreciable pace, states Frost & Sullivan Research Analyst S. Priyan. Growth in the homecare IT market contributes to the projected increase in the number of homecare agencies. It has also caused existing homecare agencies to scale up. The gap between the necessity to automate and the available funds of many homecare agencies must be addressed.

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