InvestorsHub Logo
Followers 0
Posts 3841
Boards Moderated 0
Alias Born 09/23/2005

Re: premonition12 post# 5580

Friday, 09/10/2010 11:29:59 AM

Friday, September 10, 2010 11:29:59 AM

Post# of 97093
premonition12, Having an "intelligent dialogue" is what is hoped for and expected.

All opinions are welcome, pro or con.

But we need to stay On Topic and discuss only InstaCare and its situation. Mentioning other companies or products is not acceptable unless they are part of some comparison where InstaCare is included and a link can be posted. Folks come here to find out about InstaCare and not something else.

And the TOU rules are pretty clear about how to conduct a meaningful and helpful dialogue. We can't start demonizing and accusing each other just because we don't agree with an opinion. This would curtail the very discussion we want to foster. We must keep the dialogue civil and respectful.

To your point, it seems to me that InstaCare's EHR initiative won't kick into play until the industry settles down a bit. But it is certainly worthwhile to keep an eye on it. There is still a lot to be done on the industry standards and certification front, and getting the infrastructure into place. As far as I can tell there has been no big move to adopt this new technology yet. It is still in the planning stage, and a lot of these other small companies that have only EHR products have no current opportunity to make a profit at this stage in the development. I am thinking that many of them will vanish in the next 12 months.

Fortunately for InstaCare it is already highy successful and profitable in its drug distribution business. So the current lack of movement in the EHR area is not a big problem for them. They have the luxury of time to continue to develop their product, wait for the patents applied for to be granted, and for much larger companies to offer to help push the technology. All when the time is right.

From my viewpoint, what is really important here is the Genstrip rollout which is just now happening (current event). It fits nicely with InstaCare's current diabetes drug distribution biz, which is already highly successful. And keep in mind that InstaCare has a "5-year exclusive" arrangement on GenStrip so if it turns out to be a good product that sells well... well then it is going to get very exciting with this investment in the next few months.

All just my opinion... Let's keep the discussion going in a way that helps each other learn about this great investment.

VV