Markets and Markets reported the electronic health record (EHR) software market is poised to exceed $6 billion by 2015. In addition to government initiatives toward development of EHR, they also attribute the rising demand for healthcare cost containment and the need to improve the quality of healthcare services are driving the growth rate in this market. This is a huge jump as the EHR market was only about a $2 billion industry in 2009.
Not so surprising, they also noted that web-based EMR solutions or ASP models are gaining popularity with small-sized healthcare practices and physician offices. The popularity of web-based and ASP EHR solutions for smaller providers will force many smaller providers to upgrade their IT infrastructure, i.e. broadband access, hardware, LAN/WAN, software platform, etc. Therefore, IT opportunities should trickle down to smaller IT integrators and consultants.
Wednesday, June 22, 2011
EHR software market to exceed $6 billion
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It seems to be a money game to me... and with the appointment of Judy Faulkner, owner of EPIC Systems, to the federal healthcare policy committee, it's no surprise EPIC is in it to win it. Details on a possible EPIC monopoly here: http://freedomist.com/2011/10/stealing-your-medical-records-for-profit-and-political-gain-the-epic-systems-scandal/
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