Kalorama: EMR Market to Grow by 14 Percent Annually through 2012

view article

Published at: www.fiercehealthit.com

Electronic Medical Records (EMR) are poised for takeoff.

January 15, 2009

Analysis by: GLG Expert Contributor

We can attribute the growth in the EMR market to convergence.  The healthcare IT industry has made continuous technology improvements.  The development and implementation of communication standards is maturing (i.e., HL7).  The general public are comfortable with how their privacy can be secured.  They are tired of filling out duplicate forms.  The government has invested in the Nation's healthcare information infrastructure, setting a target for access to Electronic health records (EHR) and funding a US National Health Information Network (NHIN) pilot project.  Healthcare providers are consolidating into Regional Health Information Organizations (RHIOs).  The new administration favors significant improvement in healthcare.  At this rate EMRs will move from theory to reality over the next few years.  The biggest question remaining is whether the greatest success will come from top down (government program) or bottom up (general public/industry adoption).

No Recession for the Electronic Medical Records Market

January 9, 2009

Analysis by: GLG Expert Contributor

Despite all the dire talk in healthcare circles about the impact of the recession on capital spending, since health IT has been identified by the incoming Obama Administration as a key component of its economic stimulus plan, that sector is poised for unprecedented growth.