Every year, Americans spend more than $3 trillion on healthcare, a figure that is projected to rise to $5 trillion in the next decade. With healthcare spending approaching 20% of the U.S. GDP, a huge effort is underway to control costs. Not surprisingly, many believe that technology has a key role to play in increasing efficiency and reducing unnecessary expenditures, and significant investments in technology are creating opportunities for healthcare technology businesses.
After launching its public beta a year ago, SimpleGeo is making public its storage product the company is based upon. Though the company has offered a few other geo APIs in the interim, the SimpleGeo Storage API geo database solution is the only product for which it charges and it appears to have lowered the price.