This company appears to be on the right track, as the trillion dollar Health Care industry is still in the dark ages of internet interactivity. Here's part of a May 18, 1999 PR:
Health care communications technology company Synetic Inc. (Nasdaq:SNTC - news) said on Monday it would buy Medical Manager Corp. (Nasdaq:MMGR - news), a medical practice management software firm, in a stock accord valued at about $1.3 billion.
The pact was expected to give Synetic a boost in the race to link the nation's doctors and their desktop computers with health plans, clinical labs, pharmacy benefit managers and other health care players in an online network.
The medical Internet sector is growing as more and more doctors turn online as a cheaper and quicker alternative for billing, referrals, orders for lab tests and other services.
This race has just begun and the rewards are potentially huge, as are the challenges facing companies in this field.
Sleeper |
