SIMH Accelerates Marketing Strategy for Health Records Software
Good Afternoon!
Sanomedics, Inc. (OTCPINK: SIMH)
Medical device companies have consistently performed well under my coverage so I am issuing an urgent, momentum alert for your attention.
SIMH makes the Caregiver TouchFree™ Infrared thermometer, a product that is in its own right, making serious waves in the industry.
But the company made a strategic acquisition of ZenCharts, a proprietary Electronic Health Record offering.
Now, what does this mean for growth potential? Well, for starters the medical device industry is expected to reach $133 billion by 2016. That’s a huge pool to play in for SIMH.
Secondly, the Obamacare roll-out is now fully underway and at the heart of making that system work is good record keeping – the sort that can operate equally in the digital realm as well as on a piece of paper somewhere. ZenCharts handles the digital side well by all accounts and that’s why the company is ramping up its marketing of the software.
The two products puts SIMH in a very strong position so it’s no surprise that investors are starting to take a serious interest in the company.
In recent weeks volatility levels have skyrocketed, presenting the perfect opportunity for some short term movement.
This is a play that has traded as high as 1.10 in the last 12 months. Right now you can ride its upside for less than 10 cents. Bargain.
Check out the chart…
SIMH has huge bounce potential, trading from bottom with a 34 RSI.
Last session saw more than 1.8 million shares changing hands. This represented a 315% breakout.
SIMH has 3 million shares in the public float!
And there’s at least 3,700% upside opportunity available from current levels up to the 50 DMA of .38.
Here’s a link to the chart: http://www.barchart.com/charts/stocks/SIMH&style=technical
(Please conduct your own due diligence on SIMH. The highlights above represent my humble and unprofessional opinion on its gain potential)
About
SIMH (Sanomedics, Inc.) designs, develops, markets, and distributes a line of non-contact clinical thermometers in the United States.
SIMH offers its products under the Caregiver name primarily to healthcare providers, including hospitals, physician’s offices, medical clinics and nursing homes, acute care hospitals, and other long-term care institutions.
SIMH is based in Miami, Florida.
Medical Device Industry Set To Explode
The United States remains the largest medical device market in the world with a market size of around $110 billion, and it is expected to reach $133 billion by 2016. The U.S. market value represented about 38 percent of the global medical device market in 2012. U.S. exports of medical devices in key product categories identified by the Department of Commerce (DOC) exceeded $44 billion in 2012, a more than 7 percent increase from the previous year.
U.S. medical device companies are highly regarded globally for their innovations and high technology products. Investment in medical device research and development more than doubled during the 1990s, and research and development investment in the domestic sector remains more than twice the average for all U.S. manufacturers.
Here’s a video detailing the importance of electronic health records:
https://www.youtube.com/watch?v=a3ZB5-Jsh_c
News Development
Sanomedics and ZenCharts Accelerates Marketing Strategy for its Electronic Health Records Software
SIMH announced that it is aggressively marketing and commercializing its proprietary Electronic Health Record offering. ZenCharts offers best-of-breed Electronic Health Records (EHR) that offer quick access to patient records from multiple locations, improving the ability to diagnose diseases and reduce medical errors. The EHR system not only improves patient care but also increases practice efficiencies such as enabling electronic prescriptions and improving accuracy in coding and billing, which ultimately results in cost and time savings.
"We are pleased with the early momentum with our ZenCharts offering, with two exclusive contracts already signed in the past three months. We are looking to add 2-3 new customers per month and this equates to mid to high single digit contract signings by the end of the fiscal year," commented Keith Houlihan, President of Sanomedics. "Longer term, we are looking to heavily penetrate the newly defined and underserved addiction treatment center market, of which there are approximately 15,000 centers in the United States alone that can benefit from our solution."
SIMH is sitting on up to 3,700% upside opportunity over the short term. Make your move and take your share of this monstrous gain potential.
Regards,
