Dell Inc. (NASDAQ: DELL) wants to get into the game of digitizing medical records for physicians who work with (not at) hospitals. Dell wants to ensure all these physicians and their offices remain compatible with the computer systems used by small and mega hospitals, along with making any current processes less expensive and more efficient.
Just like Hewlett-Packard Corp. (NYSE: HPQ), Dell may be able to expand its services and consulting into areas just waiting for extreme amounts of help and expertise. With consumer and business PC purchases continuing to be slower than in the past -- and with a presidential mandate to digitize all medical records in the U.S. -- Dell's opportunity here is enormous. That is, if it goes bananas and actually takes advantage of it beyond lip service.
With so many current dissimilarities between physician offices and hospitals -- but with millions of patients in common -- the health care field is screaming for a solution. Dell appears to have that, according to Tufts Medical Center and Memorial Hermann. The trick for Dell is to get its solution as a standard practice into as many medical facilities as possible and become the de facto standard. Capturing that market, which will only continue exploding in the next few decades, would be quite a lift to Dell as a very strong leg to its business.
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