Wednesday, January 12, 2011

EMR/EHR Software to Reach $3.8 Billion in 2015

IDC reports healthcare spending on software for electronic medical records (EMR) and electronic health records (EHR) is expected to grow to $3.8 billion in 2015 from $2 billion in 2009.

IDC's report, U.S. Electronic Health and Medical Records 2009-2015 -- Meaningful Use Spending Forecast and Analysis, focuses on the effect of the federal government's incentive programs for the adoption of meaningful use of EMR/EHR.

The report also highlights the growth of on-demand applications and storage to speed deployment and reduce the total cost of healthcare IT by converting it from a capital expenditure (CAPEX) to an operational expenditure (OPEX).

"The incentives provided by ARRA as well as the future penalties for non-implementors ... will fuel investments in electronic medical records (EMR) and electronic health records (EHR) and other enabling technologies." - Judy Hanover, research director for IDC Health Insights

Learn how to rapidly achieve meaningful use of EHR/EMR with Veriphyr on-demand service for privacy breach detection and user access compliance.

Sources:
(a) U.S. Electronic Health and Medical Records 2009-2015 -- Meaningful Use Spending Forecast and Analysis - IDC, December, 2010

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