Longview International Technology Solutions (LIT) is a leading provider of technology solutions to government agencies, hospitals, healthcare providers and healthcare institutions. LIT is involved in project delivery for hospitals across America.
What does this mean? Well, it means that the company has a long history of delivering technology to hospitals, healthcare institutions, and companies across the US. It is also the provider of a major, proprietary software solution that allows hospitals to run their business processes remotely, through a proprietary software interface, from anywhere in the US or the world.
Longview’s technology is based on a proprietary, web-based platform that is designed to allow hospitals to save on their IT costs by enabling the delivery of business processes to hospital staff remotely, from anywhere in the US or the world. And it’s part of a bigger trend of the healthcare industry to integrate technologies into their processes to save money and reduce costs.
There are a number of examples of how doctors are putting more and more of their own money into IT systems and services. For example, there’s the recent $7.6 billion purchase of Intuitive Surgical’s Intuitive Surgical, Inc. (NYSE: SIR) for $1.2 billion (NASDAQ: SSI).
Intuitive Surgical is a global leader in surgical robotics and minimally invasive surgery. Their products include the Intuitive Surgical Arm and the Intuitive Surgical Arm III, along with the Intuitive Surgical Hybrid Arm and the Intuitive Surgical Hybrid Arm II.
I don’t find this particular example of how doctors are investing more and more of their own money into IT systems and services particularly interesting because it’s the healthcare industry. However, its an obvious example of how doctors have an uncanny knack for identifying and understanding the trends in technology, which is why they are so valuable. For example, theres the recent 7.6 billion purchase of Intuitive Surgical Intuitive Surgical, Inc. NYSE SIR for 1.
The industry is in a constant state of change. In this video of the video surgeons discuss some of the trends in the industry which include the rise of robotic surgery, the rise of electronic medical records, the rise of the electronic physician order entry system, the rise of telemedicine, and the rise of shared office space.
It’s a similar story with the healthcare industry. It’s in a constant state of change and growth. It’s in a constant state of flux, so we can’t say for sure whether or not the healthcare industry will continue to grow and become more profitable.
I think we have to take a look at the trends and see where we are and where we are headed. I think the trend of telemedicine will continue to increase and become more prevalent. That is true. The other trend is electronic medical records which will become more common in the future. I think we will see the rise of shared office space and telepresence technology.