EHSI: Study Says New Technology Forcing Higher Medical Costs
| Copyright: | Business Wire |
| Source: | Business Wire |
| Wordcount: | unknown |
HOUSTON--(BUSINESS WIRE)-- Emerging Healthcare Solutions, Inc. (Pinksheets: EHSI) reflected on a new Henry J. Kaiser Family Foundation www.kff.org study that reports that the relentless progression of new and expensive medical technology, combined with entitlement programs like Medicare and Medicaid, further compounded by an aging population, have created a "perfect storm" of costs that will consume well over half of all federal spending between now and the turn of the mid-century.
A constant stream of breakthrough technology that can save lives is an expectation in our society. But in America we also have a patent system that’s part of the U.S. Constitution. Therefore, if you need a patented lifesaving drug or treatment, you must, by law, pay whatever price is demanded by the patent holder. Your need, even in a life or death situation, doesn’t entitle you to have that drug or treatment unless you can negotiate mutually acceptable payment terms. Neither your insurer, nor the government, has very much leverage to lower the cost of patented technology.
Recent political developments coupled with upcoming Congressional elections persuade many experts to believe that any meaningful health care cost controlling legislation is unrealistic. In light of this, healthcare investment is seen by many to be a place for potentially high gains as opposed to other lackluster opportunities.
Accordingly, the ongoing healthcare industry boon could be beneficial to many sector players such as Quest Diagnostics (NYSE: DGX), Covance, Inc. (NYSE: CVD), Inverness Medical Innovations (NYSE: IMA) and Pharmaceutical Product Development, Inc. (NASDAQ: PPDI).
About Emerging Healthcare Solutions, Inc.
Emerging Healthcare Solutions, Inc. is a company dedicated to providing guidance to participants in the healthcare industry. Our primary goal is to give you a roadmap showing how to realize enormous profits from the changes occurring right now in the healthcare industry. Our common stock is traded under the symbol EHSI.
For more information, visit http://www.emerginghealthcaresolutionsinc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Emerging Healthcare Solutions, Inc.
Kathleen Delaney, 713-821-1486
Source: Emerging Healthcare Solutions, Inc.


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