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Events

Articles

Sep26:The Market for Electronic Medical Records

market

This market analysis is global, though trend analysis focuses on the US as the largest healthcare market and the most incentivized for EMR conversion. As government policy approaches the turning-point on incentives in this market, as a large shift in vendor market share occurs and new vendors play a larger role, it is an interesting time for market-watchers. How much has the market grown? How have the incentives worked? Where is physician usage now? How about hospital adoption? Where do the top vendors stand now? This report answers these questions and brings sharp analysis to recent trends.

As part of its coverage, the report contains:

  • 2013 Global Market Estimates for EMR, and Growth since 2011
  • United States, European and Asia Pacific EMR Market Estimates
  • Market Forecast to 2018
  • Market Share of Top Vendors
  • Hospital and Physician EMR Usage Statistics
  • Pricing of Select EMR Systems and ROI for Physicians
  • Overview of EMR, EHR, CPOE and other Functions
  • Breakout of Hospital EMR Market and Physician/Web EMR Market
  • Profiles of Major Vendors and Smaller Companies to Watch
  • Analyst Conclusions Regarding the EMR Market

The report estimates the size of the market for the EMR hospital and EMR physician markets and reviews usage trends among hospitals and physicians. It also forecasts the market to 2018. Included in the report are statistics influencing the industry, demographics, life expectancy, and company strategies. Market share is provided for top players in the industry. Revenues are reported based on worldwide figures with a focused view on US competitors and US trends.

Close Examination of Industry and Regulatory Trends

There are several primary issues and trends affecting the electronic medical records (EMR) industry. New marketing strategy, new regulations, increased usage will continue to fuel growth in the future. But there are also challenges from vendor switches, usability and unexpected effects of EMR systems in hospitals. Issues and trends explored in this study include:

  • Mergers and Acquisitions
  • Status of Meaningful Use in 2014
  • Doctor Opinion of EMR Systems
  • Incentive Payments Made to Date
  • EMR Alerts Overload?
  • Vendor Switches Looming: Market Impact
  • Blue Button
  • New SGR Bill
  • Virtualization Technology
  • Dimensions of Interoperability
  • BYOD (Bring Your Own Device) Adoption
  • Epic Systems
  • Stark Law Exemption Extended
  • RECS and Health Information Exchange Update
  • Need for Trained Personnel
  • Security Breaches Update
  • ICD-10
  • Usability – Scores of Major Vendors
  • ACOs
  • Open Source EMR
  • Current Return on Investment Statistics
  • Google PPC adversting of EMR Companies
  • Tablet Adoption and EMR
  • International Markets and Trends

The electronic medical records market in the United States is competitive, with over 400 providers; however, increasing mergers and acquisitions in the industry will result in the reduction in the number of competitors. Companies remain competitive by offering high-quality solution packages to private practices and hospitals. However, there is still ample opportunity for other companies and new entrants. There is still not a single system that is complete with true interoperability. The main drawback for smaller companies is the cost to enter the market with a certified product.

Profiles of Important Companies in This Competitive Market

Several leading market participants are discussed in this report along with unique niche players including:

As part of its coverage, the following companies are profiled in this report:

  • Abraxas Medical Solutions
  • ADP AdvancedMD
  • Allmeds
  • Allscripts Healthcare Solutions
  • Amazing Charts
  • Aprima Medical Software, Inc
  • athenahealth, Inc.
  • BizMatics
  • CareCloud
  • Cerner Corporation
  • ChartLogic
  • Computer Programs and Systems, Inc.
  • CSC
  • CureMD
  • Dr First/Rcop
  • eClinicalworks
  • Emdeon
  • e-MDs
  • Epic Systems, Inc.
  • GE Healthcare
  • Greenway Medical Technologies
  • Healthland
  • Kareo
  • McKesson Corporation
  • MedHost
  • Medical Information Technology, Inc. (MEDITECH, Inc.)
  • Medent Community Computer Service,
  • Medsphere Systems
  • MeridianEMR, Inc
  • NextGen
  • Nuesoft Technologies Inc
  • Practice Fusion
  • Quadramed Corporation
  • Quest Diagnostics, Inc
  • Sequel Systems, Inc
  • Siemens Medical Solutions
  • SoapWare, Inc
  • Streamline MD
  • SuiteMed
  • Vitera Healthcare Solutions
  • WRS Health (Waiting Room Solutions)
  • WebPT

Source

HIMSS Special Part 1: HIT Visionary Zach Fox
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HIMSS Special Part 1: HIT Visionary David Lareau
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