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BrownIT Leadership Gives Insight to Healthcare IT Industry through Interview with Princeton Corporate Solutions
Aug 16, 2013 (11:08 AM EDT)
BALTIMORE, Aug. 16, 2013 /PRNewswire/ -- Mark Brown, CEO of BrownIT Corporation, a 13 year old company that provides innovative IT solutions in the healthcare sector was recently interviewed by James Scott of Princeton Corporate Solutions. Being positioned in the federal government market, Princeton Corporate Solutions was particularly interested in BrownIT because of their long history with government agencies, intimate knowledge of an explosive industry, and motivation to achieve significant corporate growth.
Since inception, BrownIT has been very successful in the federal market securing contracts with extremely large organizations such as National Institutes of Health (NIH), the Centers for Medicare & Medicaid Services (CMS), and the Department of Health and Human Services (HHS). Leveraging their success in these markets, BrownIT has laid the ground work for an aggressive corporate expansion strategy. Catching the attention of Princeton Corporate Solutions, a seasoned investment banking group specializing in globalization and corporate expansion strategies, CEO James Scott was enthusiastic about getting to know more about Mark Brown and the outlook of the healthcare IT industry.
"Mark, I cannot turn on the TV or open a newspaper without seeing something about the growing industry of healthcare IT," said James Scott of Princeton Corporate Solutions.
Speaking to that point and others, Mark Brown dives into the industry and specifically speaks to the inner workings of healthcare IT companies, new trends of the market, and the effects of new initiatives such as the Affordable Care Act or "Obamacare".
"The healthcare IT industry has not only been growing steadily over the last several years, but will actually pick up much more in the years to come. The U.S. spent over $3 trillion last year alone on healthcare expenditures, and all expectations are that it will eventually make up 20% or more of our GDP," explained Brown.
To keep up with this rapidly expanding industry, BrownIT is continuously creating strategic alliances both horizontally and vertically to capture more market share. The need for innovative technologies has never been greater and companies like BrownIT are at the forefront of integration and solution-based approaches with their customers. The healthcare IT sector will continue to experience significant consolidation, and the only way for a company to get in the game and stay ahead of the curve is to diversify their partner network to enhance capabilities.
In addition to cutting edge technologies, there is a very large demand for qualified personnel in the IT sector. Whether it is systems analysts, database administrators, information security specialists, or even call center support, this need is highly prevalent in today's healthcare IT area. To account for much of this demand, many U.S. companies are being forced to aggressively seek out personnel from the international community.
"The employment outlook will be very positive for IT professionals and will account for almost half of the job growth in the healthcare sector by 2020," said Mark Brown. "We need more IT people, plain and simple."
With this long list of demands at an all time high, the outlook for BrownIT is certainly full of potential. Princeton Corporate Solutions is anticipating an encore interview in which the topics will get much more granular as to the specific growth opportunities for companies in the healthcare IT space. This interview, in podcast format, can be found through several media outlets such as iTunes™ and SoundCloud™ as well as numerous other podcasts generated by Princeton Corporate Solutions that discuss highly topical concerns for today's business leader. For more information, visit www.princetoncorporatesolutions.com.
About BrownIT Corporation
CONTACT: Mark Brown, 1-410-277-3646 x101