Tech Mahindras takeover | Analysis

tech Mahindras civiliseoer Analysis1. look QuestionWill The coup of Satyam Computers by technical school Mahindra be profit open to Mahindra and technical school Mahindra?The primary objective of this hear is to answer the above look into question through primary and tributary data along with the recitation of various analytical gibes in consecrate to come up with an hard-hitting answer to the above question. The first participation in the enquiry question, Satyam Computers is an IT conjunction which is prominent whole(prenominal) over the world. My move leave investigate the af vergeaths of mavin of the biggest scams in the world, the Rs 7000 crore scam committed by the chairman of Satyam Computers on the federation. My essay as rise up follows the routine comp either menti mavind in the research question, tech Mahindra which decided to take over Satyam Computers as it was honest to them. On the whole, my essay forget evaluate this takeover and predict whe ther this would be profitable to Tech Mahindra and its p arent party Mahindra Mahindra.2. Theoretical FrameworkTo dismember my research question effectively, I leave be applying various logical argument theories to ex leaflet a hireable answer to my research question. I stop be apply the follo getg theories and analytical tools in my essay- grind AnalysisLewins force sphere of form AnalysisPEST Analysis on the eve of takeover.The Wheel of Fortune- Post Merger and Pre Merger AnalysisGraphs viewing the rise and fall in share price before and after the takeover3.Areas of studyIB Business and Management HL Module 1Mergers and scholarships.Ethics and CSR.4. Method of Research and Plan of ActionI depart on a lower floortake extensive research of the scam by investigating it in tether Business Magazines much(prenominal) as Business World and too include the various interviews that the chairman Mr. Ramalinga Raju has outflown since the scam. Secondary research willing too include examining official documents same(p) the letter of confession of Ramalinga Raju when he quoted the exact amount of the scam and also stated the reasons for it. Further research will also include visiting the Satyam Computers head office in Hyderabad and scheduling interviews with a starring(p) manager from Tech Mahindra who was commoveed at Satyam to smoothen experimental conditions over in that respect.AbstractWill The takeover of Satyam Computers by Tech Mahindra be profitable to Mahindra and Tech Mahindra?In this case, Tech Mahindra acquired a scam-hit Satyam Computers as they felt that it would be beneficial for them to strengthen their hold in the IT industriousness as it has done for itself in the Automobile industry. As The Mahindra Group does non have a toughened posture in the IT sector, they have taken the decision to acquire Satyam Computers in order to have a loyalist hold in the IT sector. The briny aspect which drew attention towards this purpose was why The Mahindra Group decided to acquire Satyam Computers.The pauperization behind this drop is to analyze as to what were the reasons on behalf of Tech Mahindra to acquire Satyam Computers. through with(predicate) research it has been found that there were many benefits for Tech Mahindra behind this acquisition. Through this acquisition, they would depart the 4th largest IT firm in India and would also institute them a immense shoot of popularity in the IT sector. Tech Mahindra would be wrapd to many new industries from manufacturing to fiscal overhauls and also into the Aerospace industry as Satyam has a strong presence in the aerospace sector too. Hence, this acquisition would make them pioneers in the IT sector.After analyzing using the analytical tools, and rise in share price of Satyam as well(p) as Tech Mahindra before and after its acquisition. It was concluded that Tech Mahindras acquisition of Satyam was in fact beneficial for Tech Mahindra. Hence, the final conclusion would be that Tech Mahindra, through this acquisition would improve non scarcely the condition of Satyam but also the stand of The Mahindra Group in the IT sector.Introduction- background signal nurture of twain the companiesTech Mahindra-The Mahindra Group, with a net worth of US $6.3 billion is one of the hand 10 industrial ho pulmonary tuberculosiss in India. It is a market fleeter in multi-utility vehicles in the Indian market and worlds second largest producer of tractors. The Mahindra Group has a leading presence in the study sectors of the Indian economy including the financial services, trade, sell and logistics, automotive components, IT and root. It is also the purple recipient of the Japan Quality Medal, the only tractor company worldwide to be bestowed this honor. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute repennyly ranked Mahindra among the top 10 Indian co mpanies in its Global 200 The Worlds Best integrated Reputations list.The Mahindra Group has many verticals of its personal credit line ranging from Automobiles to IT. Automobiles, Farm Equipment, Infrastructure and Real Estate, engineering science serve and IT are its main verticals. The IT vertical of Mahindras business is called Tech Mahindra.With much than 25000 employees, Tech Mahindra Ltd creatorly k immediatelyn as Mahindra British Telecom (MBT) is an Indian In exerciseation Technology service provider headquartered in Pune, India. It is the 6th largest bundle exporter in India (Nasscoms, 2007) and 2nd largest Telecom Software Provider in India (Voice Data, 2007) and JV between Mahindra Mahindra Limited (MM) and British Telecommunications plc (BT). Tech Mahindra is a leading provider of solutions and services to the telecommunications industry, with a mass postal service owned by Mahindra Mahindra Limited, in partnership with British Telecommunications plc. With total revenues of Rs 44,647 million in the year cease March 31, 2009, Tech Mahindra serves telecom service providers, equipment manufacturers, software product vendors and systems integrators.Satyam Computers-Satyam, Indias No. 4 software services exporter, was founded in 1987 by its chairman B Ramalinga Raju, who was born(p) into a family of farmers. He started Satyam Computers with 20 employees and bagged multitude of IT projects from US companies.Satyam debuted on the Indian markets in 1991, followed by a listing in New York in 2001. In 2008, it launched a secondary listing on Euronext Amsterdam under NYSE Euronexts new fast path forge for cross listings in New York and Europe. Satyam, based in the southern Indian city of Hyderabad, now has 52,865 employees.Satyam Computers is a leading orbicular business and information technology Services Company, which delivers consulting, systems integration, and outsourcing solutions to clients in numerous industries cross slipway the g lobe. Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global pitch model to help clients transform their highest-value business processes and improve their business achieveance. The companys professionals excel in engineering and product development, add together chain management, client relationship management, business process quality, business intelligence, initiative integration, and infrastructure management, among other key capabilities. Satyam also caters other services much(prenominal) as Enterprise Integration and Infrastructure Management. It specializes in Sheet admixture split and Fabrication in the fields of Automobiles and Electrical Industries. Satyam Computers also has a strong presence in the Aerospace Industry. Satyam, whose clients include General Electric, Nestle, Qantas Air represendations, and Fujitsu, also specializes in business software, and offers back-office outsourcing and consulting services. It competes with local players such(prenominal) as Tata Consultancy Services, Wipro and Infosys Technologies as also global studys such as IBM and Accenture, for outsourcing deals.PART iii- RESEARCH FINDINGS3.1 Background information of the scam-Though Mahindra Group has a strong hold in the Automobile sector, they felt the have to advance in the IT sector as Mahindra was a small player in the IT sector. They realized that the fastest way to grow in the IT sector was through Mergers and Acquisitions. In the year 2007, Mahindra started observe for companies to acquire in the IT sector. In 2008, as a part of their plan, Mahindra awfulct feelers to Satyam Computers and offered Satyam an fortune to go with them.This proposal was at the while when B. Ramalinga Raju was still the president and to a greater extent importantly it was before the tarradiddle was admitted. Though Raju wanted to merge with Tech Mahindra, he chose non to answer this proposal. Soon after this, Ramalin ga Raju admitted to the player and Satyam was almost driven to bankruptcy. Mahindra felt that this was the breakthrough they bespeakd in the IT sector and lunged at it. A graduate in B.Com, Raju did MBA from Ohio University. Before Satyam, Raju ventured into other businesses such as construction and textiles.3.2 The conditions leading to the scam, the reasons, and its aftermaths-It started with Satyams plans to buy Maytas properties and Maytas Infrastructure Company for a proposed $1.6 billion. Satyam had planned to acquire about a 51 per cent wager in Maytas Infrastructure courting $300 million and a century per cent share in Maytas Properties which would cost them $1.3 billion. Satyam would buy 31 per cent stakein Maytas Infra from promoters at Rs 475 per share with an open offer to public for 20 per cent stake at Rs 525 per share.It turn aroundmed that this deal would empty Satyams treasury and would bring in debt along with adding almost $1.48 billion to the promoters kitty . The news of this acquisition sent shockwaves across the country questioning the hidden lines behind the deal. Soon after Ramalinga Raju announced that Satyam was going to acquire Maytas Infrastructure and Maytas Properties, he invited the wrath of the investors in a conference call. Faced with shareholders revolt and heavy rebuke over corporate governance issues, Satyam withdrew the offer within hours of making the proposal. But by that season, the damage was done. What had shocked investors is that this will be funded out of coin reserves and debt in 7525 ratios. The big question was why a share swap pick couldnt have been considered instead of draining Satyam Computers cashreserves.3.3 Research findings of incidents which added to Satyams ethical miseries-A severe blow to the Hyderabad-based IT provider facing criticism from investors on its decision to acquire Maytas was of World beach banning it for 8 years.The World Bank has for aro wontden Satyam from providing it serv ices for eight years for say malpractices, including bribery. The ban would severely impact the business prospects of the Hyderabad-based company, already battling to retain and appeal fresh business in a recession-hit global market. The World Bank debarment had been meted out for improper benefits to bank staff and lack of documentation on invoices.Satyam started providing IT services to the World Bank in 2003. Two years later, allegations of bribery sur human nerved. In 2007, an internal World Bank investigation found that former VP Mohamed Muhsin had secured contracts and purchase orders worth $100 million for the Indian firm in return for Satyams stock options (ADRs) at preferential prices. After which he was banned permanently from the bank. However, Satyam was allowed to work for the bank till 2008.There have also been allegations against Satyam of causing security breaches at the bank. World Banks records, which contain sensitive financial information, have reportedly bee n illegally accessed over the last year. This raised great questions over the ethical behavior of Satyam.Due to this, an investigation was carried out into the history statements of Satyam and there were found to be large gaps in the balance planing machine along with inflated profit margins and others in _ _ _ _ (Date).Ramalinga Raju then admitted to committing a fraud of Rs.7000 crore and held himself accountable for the gaps in the balance sheet and other accounts. On January 7, 2009, Ramalinga Raju wrote a confession letter to the board of directors as well as to the death chair of SEBI regarding the fraud that was committed by him. In the letter, he stated how he had tampered with the accounts and the balance sheet by inflating the profits and the bank and cash balances, by accruing non-existent interests and by overstating debtors identify.The following is an extract from his letter of confession-Dear circuit board Members,It is with deep regret and tremendous burden tha t I am carrying on my conscience, that I would give conduct to bring the following facts to your notice-Inflated (non-existent) cash and bank balances of Rs.5040 crore (as against Rs.5361 crore as reflected in the books)An accrued interest of Rs.376 crore which is non-existent.An understated liability of Rs.1230 crore on account of funds ar roamd by me.An overstated debtors position of Rs.490 crore (as against Rs.2651 reflected in the books)3.4 Graphs Showing the Share Price of Satyam Computers and Tech Mahindra before and after the scam and the Takeover.3.5 Tech-Mahindra Satyam deal-After the scam, the condition of Satyam went from bad to worse. Hence, the political science seceded to appoint four directors for Satyam till almostone took over Satyam and made conditions let on for Satyam. Later, the Government held a gambol for the takeover of Satyam Computers. According to IT analysts, the chances of a strategic takeover have brightened after the company announced the possibl e dilution of stake by founder and promoter B Ramalinga Raju.Despite the recent developments, IT analysts reckon that the fourth-biggest software exporter is a good buy, as the India outsourcing story is intact. IBM, it is reckoned, has strong expertise across verticals. So, it was well positioned to leverage on its strengths. An acquisition of a company deal Satyam would further strengthen the wide-ranging Blues global services deli truly capability. Another expected buyer was the US headquartered Cognizant. A Satyam buy will help to build signifi drive outt scale and bring it into the big federation of IT players, according to market trackers.However, the unexpected winner turned out to be Tech Mahindra, coming out from the blue and taking the bidding by storm. Tech Mahindra had won the bid for Satyam Computer after bidding at Rs 58 per share. Tech Mahindra would pay Rs 1, 757 crore for a 31 per cent stake in Satyam. Satyam would operate as a special purpose vehicle until Tech Mahindra raises its stake to 51%.No other bid was within at least 90 per cent of Tech Mahindras bid. While LTs bid was at Rs 46/share, WL Ross bid for Satyam stood at Rs 20/share. Spice Corp, IBM and iGATE were among those confirmed name calling that dropped out of the race after showing an interest in the company. On April 13, 2009, Kiran Karnik, the MD at Satyam announced that IT services provider Tech Mahindra had offered the highest bid at Rs 58 per share and become the new owner of the company. Tech Mahindra, tho, would run Satyam as an independent company with separate liabilities.Part IV ANALYSIS4.1 Benefits behind the takeover of Satyam by Tech Mahindra-The Mahindra Group is one of the top 10 industrial ho subroutines in India. It has proven to be a pioneer in the automobile industry and also has a leading presence in the major sectors of the Indian economy including the financial services, trade, retail and logistics, automotive components, IT and Infrastructure. Tech Mahi ndra (IT) is a provider of solutions and services to the telecommunications industry, with a majority stake owned by Mahindra Mahindra Limited, in partnership with British Telecommunications plc.The Mahindra group, although strong in the automobile industry, is not well-balanced in the IT sector. Hence, it needed to exchange itself into the IT sector and create a name for itself there just same it has done in the automobiles and farm equipment sectors. Having a strong hold in the IT sector would prove beneficial for Mahindra as it would enhance its versatility. The downfall of the IT service giant Satyam Computers provided a breakthrough for Tech Mahindra. Tech Mahindra won the bid for Satyam at the price of Rs 58/ share in the presence of giants like IBM, iGATE, LT and WL Ross.After Tech Mahindra won the bid for Satyam Computers, Anand Mahindra, the owner of The Mahindra Group revealed the motive behind the takeover saying, We want to be the leader in the IT field and that is ou r vision for Mahindra Satyam. But right now, the immediate task is to bring the company back on track. Tech Mahindra prior to the acquisition specialized in Telecom services, Equipment manufacturing, Software vendoring and in System Integration. Whereas after the acquisition, they would specialize in other fields where they have a lack of experience like Consulting services, Outsourcing solutions, Engineering and Product Development, Supply Chain management, Business Intelligence, Enterprise Integration, Infrastructure management, etc.Satyam also provides engineering services to many of the component manufacturers in the world today especially in Sheet Metal Parts and Fabrication which are used in Automobile and Electrical Industries.This deal with Satyam would also bring Tech Mahindra into new industries from manufacturing to financial services. It would also introduce Satyam into the Aerospace Industry as Satyam has a strong presence in it. With acquisition strength of about 6,00 0 engineers, the work in this vertical would be dealt with effectively.Through this takeover, Tech Mahindra has become the 4th largest IT service firm in India only behind Tata Consultancy Services, Wipro Technologies and Infosys Technologies. Prior to this takeover, Tech Mahindra drew almost 50% of its revenues from a single client- British Telecom plc. But with the takeover of Satyam, they would be serving the customers of Satyam like Ford, Opel, etc. who require designs, drawings, etc. from the engineers of Satyam. Mr. C.P. Gurnani, the to-be CEO of Mahindra Satyam said that it would be beneficial for Satyam to be associated with the 65- year old Tech Mahindra. This is because of the fact that the company would get 110 of Tech Mahindras customers for the Enterprises Services business. acquiring Satyam back on track would be no easy task as there would be many contests that have to be faced after the takeover. These disputes will be quoted below.4.2 Challenges for Tech Mahindra -The biggest challenge that Tech Mahindra will have to face is that they have to reduce the workforce to an optimum level which will be a difficult task as Satyam Computers has about 50,000 employees most of whom are in ineffective positions whom Tech Mahindra domiciliate layoff.Another big challenge for Tech Mahindra will be to regain customer confidence.Tech Mahindra does not have the adequate experience in all of Satyams business verticals and it will be a challenge to deal with the issues relating to these verticals.Tech Mahindra has to complete all the legal liabilities of Satyam Computers.Tech Mahindra has to face challenge of merging the work cultures of both the companies as the work cultures of both the companies are not similar. It also has to face the challenge of winning over the trust of the employees of Satyam and other human resource management issues.It will also be a challenge for Tech Mahindra to repair the balance sheet of the scam-tainted company as it will be difficult to realize as to where the lost money has gone. Another challenge will be to show the real profits and passinges of Satyam Computers.The go taken by Tech Mahindra have to be chosen very carefully as they are now managing one of the biggest IT giants in India. whatsoever wrong move may aftermath in very dire circumstances for Tech Mahindra.What is the intrusion of halt of Care diagnostics?What is the Impact of Point of Care Diagnostics?What is the Impact of Point of Care Diagnostics?Nicolas PipernoMulti-stakeholder approach to market for Point of Care Diagnostics in CanadaPoint of care diagnostics, otherwise referred to point of care interrogation (POCT), is a form of in vitro aesculapian testing that is make outed secure the site of patient care, and does not involve the use of lab staff and facilities to provide the will. Point of care tooshie mean, for example, on the wards in a infirmary, at a patients bedside, in their home, in a consulting room in a doctors office or using tele-wellness technologies. This concept is not new. Urine testing or daub glucose tests, for example, have been tralatitiously done at the bedside. Over the past a couple of(prenominal) years, however, analytical systems have been developed that enable a wide range of tests to be done quickly and simply without the need for pre-preparation or advanced(a) research laboratory equipment.1 These tests are designed to sample blood, saliva, urine, or other material fluids in order to pace proteins, nucleic acids, metabolites, drugs, dissolved ions and gases, human cells, or microbes.2 The tests require only elementary instruction to use and some can measure multiple bodily agents.3 Interpretation may be as unproblematic as viewing a stripe or spot of disguise on a strip of radical or polymer.The key objective of POCT is to generate a result quickly so that distract interference can be implemented. As technology plays a bigger fictitious character within healt h care, POCT and accompanying decision-making toolssuch as medical databases arebecoming more prominent. Other major benefits are obtained when POCT is linked directly with an electronic medical record. Results can be shared instantaneously with all members of the patients circle of care through a software interface enhancing communication among its members. All of these benefits can eventually lead to improved clinical and economical outcomes.With the increasing approachability and use of POCT, many stakeholders stand to be impacted by its innovation, application, and market opportunities. More specifically, physicians and patients would be impacted by the clinical outcomes, and the provincial politics and pharmaceutical companies would be mainly impacted by the economic outcomes. This paper seeks to evaluate how each stakeholder plays a role in the increased use of POCT, and if there are points of granting immunity or leverage for this idea.PhysiciansPOCT have the superior p otential for facilitating faster decision making and therefore more effective patient triage in the emergency department or reduced movement time in the operating room. For example, assessment of the coagulation status via POCT during cardiorespiratory bypass surgery reduces the requirement for blood products, postoperative blood loss, and the time spent in postoperative high dependency care.4 Little evidence, however, supports the use of point of care testing in primary care.5 Hence, physicians would be able to start treatment earlier because they would not need to wait for laboratory test results to come in before they can perform any subsequent treatments. Any POCT, however, will only be beneficial if portion action is taken on the result. Thus, the rate limiting step in reducing length of hospital stay may not be delivery of a test result6, but acknowledgement and communication of the result, and the appropriate action that follows.7Physicians, as well as nurses that would ac tually be the main administrators of POCT, just want to be able to do their job effectively. POCT would allow them to do that, and would therefore be a welcoming new tool for them. Challenges remain, however, in the training of staff. Even with the most sophisticated device, reliable results can be obtained only if the patient is prepared appropriately and the correct technique is used. As POCT is likely to be done by staff with hold technical background, training and quality control are critical.8 If the POCT is linked to an online database, an opportunity arises where technicians can monitor if the POCT is being used properly and realistic results are being uploaded to the patient record. Obviously, privacy issues come into play when more than one person has access to a patients medical record. health check practitioners would be strong advocates for POCT, because they are the ones that would see the on-the-field benefits of its use. The only point of resistance would be the fac t that they would need to be trained every time a new POCT is put into use. A way to mitigate this would be to make the POCT device as simple as possible. This becomes less diaphanous when POCT devices become more sophisticated with options to measure many things at once. Additionally, medical databases will eventually become more sophisticated, and users will need to correct to changes with the system.Not listed as a key stakeholder, but just as important is the laboratory personnel that could potentially lose their jobs because the POCT will be replacing what they do. This strength also be a point of resistance. However, as stated above, there might be a possibility to designate them as technicians that ensure the quality of the POCT results.PatientsPOCT will also allow patients to perform the tests themselves in the babys dummy of their own home. This is the case for diabetics, however POCT can also be performed for patients taking anticoagulants. A major challenge in this s cenario would be compliance. Getting patients to perform POCT on their own time might result in them forgetting, especially with older patients. There are however proficient tools that can correct for this such as apps that remind the patient when to perform the next test.9 However, this requires the patient to be well-fixed with technological devices.Patients are some other stakeholder that would be able to see the on-the-field benefits of POCT use. They will be able to take ownership of their disease if they do the POCT themselves, be able to receive feedback immediately, and not have to wait for laboratory results in which the waiting time can be often a very stressful scenario. POCT will give the impression of a faster access to health care in a country where wait times make it seem that the healthcare process is incredibly slow. This will increase patient satisfaction, and thus will be a reason that POCT will be favourable for them.Other shipway that POCT will increase pati ent satisfaction would be with fewer journeys to the hospital as some tests can be done in the comfort of their own home. Furthermore, POCT can be used to figure out an optimum treatment for them. Quicker optimization of treatment, without the need for trial and error, can lead to less adverse side effects and a more comfortable healthcare experience.As for physicians and nurses, training becomes an issue because the average patient does not have technical knowledge. Again, the answer lies in the simplicity and ease of use of the POCT device.Provincial brassOne of the main objectives of the provincial government when it comes to healthcare is the control of its increasing cost. wellnesscare has become really expensive in Canada, and it risks being not sustainable if we maintain the status quo. Innovative technologies such as POCT and the complementary medical databases can serve to reduce costs in many ways.The economic benefit of POCT can be looked at from a short term point of vi ew or a long term one. In the short term, POCT can gain from a more effective use of resources. For example, one study comparing laboratory and POCT suggested that certain tests might be used to rule out the need for other tests as in the case of surmise urinary tract transmitting.10 Fenwick et al argued that urine leucocyte esterase and nitrite tests can effectively rule out patients with suspected urinary tract infection, which could reduce the inappropriate use of antibiotics as well as laboratory workload.11 Providing a more quick result, however, does not constantly save time and money. No nest egg can occur unless the result is acknowledged and action taken because of this result.Other short term savings involve a reduction in the length of hospital stay. The rapid availability of a result reduces the time to make decisions, thereby allowing more rapid triage, treatment, or discharge. In addition, POCT can be used to know whether a patient needs admitting to hospital.12 T his saves the hospital, and subsequently, the provincial government a considerable amount of money because resources are spent more efficiently.When it comes to long term savings, societal benefits, measured through quality of life indices can be seen as a gain for the government since this would allow less worried days, and more working hours, thus, more tax revenue. There is also an option for POCT via medical databases to become an important resource for public health officials. Big data can be used to guide preventative health policy and possibly save the government millions of dollars in the avoidable healthcare costs.The government could potentially be favourable of POCT because of all of its economic benefits, however risks arise when considering the reliably of POCT results, which can negate the cost savings, and the potential for infection outbreaks since we exposing bodily fluids to perform such tests. Furthermore, because POCT allows for testing to be decentralized fro m the traditional laboratory, data management and privacy becomes an issue. Provincial Governments will have to consider these risks and may impose certain regulations that might prevent the extent of the economic benefits of POCT.pharmaceutic CompaniesThis stakeholder comes in two types. The first type is the pharmaceutical company that is twisting in diagnostics equipment. This type of stakeholder stands to gain a the great unwashed from POCT because it opens up market opportunities and additional revenue streams. The second type of pharmaceutical company is the one that is involved in drug RD and deals. These pharmaceutical companies might lose revenue as a result of a more efficient healthcare system and less inappropriate use of drugs.Pharmaceutical companies that do both might have to evaluate whether the loss in drug sales is less than the profit made from POCT device sales. Furthermore, because POCT devices will still need to go through a lot of RD, the sale price might b e so high that the provincial government might not see the economic value in it. Laboratories already profit from economies of scale, and POCT would be less likely to profit from such economies since its use is decentralized.In general, lobby groups from drug companies risk being the biggest threat to the proliferation of POCT if they see it as a risk to their bottom line. Their lobby groups tend to influence government decisions on regulation and application of certain healthcare devices. Getting them on board would be critical to the widespread of POCT.ConclusionIn general, the biggest wins come from doing healthcare differently. Because of the huge labour and pharmaceutical costs involved in healthcare, having the practice of medicine shift towards individuals outside of hospitals might be more economically viable. Rapid delivery of results can facilitate better clinical decision making, improved patient adherence, and greater patient satisfaction, all of which lead to improved c linical outcomes. Most stakeholders stand to benefit from POCT albeit with some concerns, however pharmaceutical companies and laboratory testing companies would be the biggest opponents of POCT. Finding ways to appease their concerns without sacrificing the added benefits of POCT would be the best way to proceed.Appendix 1 blusher Stakeholders with Regard to POCTReferences1 Price, C. (2001). Regular review Point of care testing.BMJ,322, 1285-1288.2 Meagher, R., Hatch, A., Renzi, R., Singh, A. (2008). An integrated microfluidic platform for sensitive and rapid detection of biological toxins.Lab on a Chip,(8), 2046-2046.3 Li, H., Mccormac, M., Estes, R., Sefers, S., Dare, R., Chappell, J., Tang, Y. (2007). coincidental Detection and High-Throughput Identification of a Panel of RNA Viruses Causing respiratory Tract Infections.Journal of Clinical Microbiology,45, 2105-2109.4 Despotis GJ, Joist JH, Goodnough LT. (1997). Monitoring of hemostasis in cardiac running(a) patients impac t of pointofcare testing on blood loss and transfusion outcomes. Clin Chem (43) 168496.5 Hobbs FDR, Delaney BC, Fitzmaurice DA, Wilson S, Hyde CJ, Thorpe GH, et al. (1997). A review of near patient testing in primary care. Health Technol Assess (1) 1230.6 Kendall J, Reeves B, Clancy M. (1998). Point of care testing randomised, controlled trial of clinical outcome. BMJ (316). 10527.7 Scott MG. (2000). Faster is betterits rarely that simple Clin Chem (46) 4412.8 arch MA. (2000). Near patient testing and pathology in the new millennium. J Clin Pathol (53) 2730.9 CellTrak Electronic Visit Verification Mobile Healthcare Hospice Home Health Visit Record Home Care. Retrieved March 11, 2015, from http//celltrak.com/10 Rink E, Hilton S, Szczepura A, Fletcher J, Sibbald B,Davies C, et al. (1993). Impact of introducing near patient testing for standard investigations in general practice. BMJ (307) 7758.11 Fenwick EAL, Briggs AH, Hawke CI. (2000). Management of urinary tract infection in general practice a costeffectiveness analysis. Br J Gen Pract (50) 6359.12 Brogan GX, Bock JL. (1998). Cardiac stain pointofcare testing in the emergency department and cardiac care unit. Clin Chem (44) 18659.