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A Brief Primer for Israeli Technology Companies Navigating the US Healthcare Market: SWOT Analysis
The aim of the white paper is to increase US healthcare innovation and assist Israeli healthcare companies by empowering them to do business in the US market, both independently and through increased partnerships with American companies.
The paper states that Israeli R&D should focus on creating products that fill a void in the current marketplace, as well as ones that bring revenue. The Israeli healthcare system has a track record of successful cost containment and reduction while still supporting similar or longer life expectancies than other OECD countries.
The paper provides an analysis of US opportunities for Israeli companies in terms of the American Recovery and Reinvestment Act (ARRA), which includes specific legislation to incentivise wider use of health IT to facilitate the adoption of EMRs and development of a health information exchange system.