MILWAUKEE - In a joint venture that provides customers with vendor of choice and quality of care solutions TeraMedica Healthcare Technology, an enterprise imaging and information management company, announced today that they are partnering with Compressus Inc., a provider of interoperability and workflow solutions. Leveraging the synergies of TeraMedica's Evercore -Clinical Enterprise Suite solution and the Compressus MEDxConnect product suite allows physicians and patients alike, to instantly access medical images such as X-rays, MRI scans or Cardiology exams, as well as other types of clinical digital content such as electronic reports, from a single work list.

Will the massive investment in healthcare IT will be meaningless in a global economy if the technology doesn't rein in runaway costs because healthcare spending is unsustainable in the current economic climate? According to former Federal Reserve Board Chairman Alan Greenspan this may be the case. 

Simply pumping more dollars into Medicare will not solve the healthcare crisis in America. "We have to find a way to curtail the federal funding," Greenspan said in a keynote address to the annual HIMSS conference, and perhaps IT is that way.

"If you cannot solve the overall funding problem, the [global] competitive issue will be quite secondary," Greenspan said. "There's going to be a clash invariably because resources are not going to be as ample as they have been."