SIMH .0016 6% Expanding INTO $$ 25 BILLION $$$ MARKET
Right now, the EHR market is valued at approximately $25 billion. According to Kalorama Information, the value of the market will exceed $35 billion by the end of 2019. This includes all aspects of the industry, ranging from revenue for EHR companies to training costs to installation.
There is no stopping (or even slowing down) the electronic health records market in the United States. Growth is expected to continue into the future. The next five years will tell a lot about where the market is heading for good. Most, including Kalorama Information, are ready for a meteoric rise.
Sanomedics Targeting Behavioral Health and Electronic Health Records with Strategic Acquisition of Zen Charts
MIAMI, May 26, 2015 /PRNewswire/ -- Sanomedics, Inc. (OTC: SIMH) an international medical technology company today announced that it has expanded into the fast growing behavioral health sector with the strategic acquisition of Zen Charts. Zen Charts is a developmental stage, Software as a Services (SaaS) provider, specialized in Electronic Health Records ("EHR") focused on addiction treatment service and care centers.
"The strategic acquisition of Zen Charts will position Sanomedics to enter the nascent behavioral health sector where the number of treatment service and care centers count in the tens of thousands domestically," stated Keith Houlihan, President and Founder of Sanomedics, Inc. "Zen Charts develops cutting edge, cloud-based electronic healthcare records that enable healthcare facilities to reduce costs, maximize profits, while eliminating errors and improving comprehensive care for patients."
"This acquisition marks an important milestone in the evolution of our growth strategy as this allows Sanomedics to target the $22.5 billion dollar EHR market according to Accenture. We view this as a very exciting development for Sanomedics and we are looking forward to commercializing the technology Zen Charts has developed," concluded Keith Houlihan.
ZenCharts Inks Exclusive Three-Year Contract With Solutions Recovery Center, A Leading South Florida Addiction Recovery Center
MIAMI, June 3, 2015 /PRNewswire/ -- Today, ZenCharts, a division of Sanomedics, Inc. (OTC: SIMH), announced that it secured an exclusive three-year contract to provide Electronic Health Records ("EHR") software to Solutions Recovery Center, an operator of Addiction Treatment Services in the South Florida region.
"After reviewing the competitive landscape, we selected ZenCharts because of the numerous product features that the ZenCharts' solution offers. These features include an easy to use interface, HIPPA compliance and automated alerts,"
ZenCharts Inks Another 3-Year Contract Win With A Leading South Florida Addiction Recovery Center for Women
MIAMI, June 10, 2015 /PRNewswire/ -- Today, Zen Medical, LLC., a division of Sanomedics, Inc. (OTC:SIMH) announced that it has secured another exclusive three-year contract to provide ZenCharts, the Electronic Health Records ("EHR") software, to Inspirations for Women, an operator of Addiction Treatment Services exclusively for women, located in Del Ray Beach, Florida.
Zen Medical to Attend Innovations in Behavioral Healthcare Conference
MIAMI, June 17, 2015 /PRNewswire/ -- Zen Medical, LLC., a division of Sanomedics, Inc. (OTC: SIMH) announced today that it will be exhibiting at booth # 8 at Innovations in Behavioral Healthcare in Nashville, Tennessee, June 22-23 at the Hilton Downtown Nashville.
Zen Medical Attends Industry Leading Addiction / Behavioral Health VIP Symposium II
MIAMI, June 19, 2015 /PRNewswire/ -- Zen Medical, LLC., a division of Sanomedics, Inc. (OTC:SIMH) announced today that it will be attending the Addiction / Behavioral Health VIP Symposium II, June 24-25 in Ft. Lauderdale, Florida at Inverrary Plaza Resort.
