Retirement News : Seniors : Retirement villages a healthy market for software vendors

Retirement villages a healthy market for software vendors

Date Added: 01-12-2005

Software vendors are making big sales by targeting retirement facilities in Australia.  Read the excerpt below.

Computerworld Australia - Australia

Michael Crawford

01/12/2005 08:17:55

Australia's ageing population is providing a boon for software vendors targetting nursing homes and other niche opportunities in the health sector. Uptake is also being driven by a Department of Health and Ageing (DoHA) mandate to purchase new IT systems. An estimated $68 million has been made available to aged care providers to update systems over the next 12 months.

One provider, Epicor, posted a13 percent profit increase in Q3 in part due to the uptake of end-to-end services within the aged care sector over the past year.

While there was across-the-board sales growth in manufacturing, retail distribution and professional services, the greatest success has come from the healthcare sector, particularly aged care.

Read the entire article: http://www.computerworld.com.au/index.php/id;584762299;fp;16;fpid;0