Global EHR Market Estimated To Reach $22.3B by End of 2015, Report

During the HIMSS14 conference, Accenture released its report containing forecast for the global EHR market through the year 2015. According to the report, the worldwide EHR industry is expected to reach $22.3 billion by the end of 2015

By the end of next year, the global EHR market report hints at peaking over $22 billion, according to Accenture. Undoubtedly, U.S. is expected to grab an estimated $10.1 billion (or 47 percent) of the market. The survey was conducted in the following 10 countries:

  • Australia;
  • Brazil;
  • Canada;
  • France;
  • Germany;
  • Japan;
  • The Nordics;
  • Spain;
  • The United Kingdom; and
  • The U.S. ———-> Read more [@HealthITplus]

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ONC Released 2014 Edition EHR Certification’s Transparency Criteria

The Office of the National Coordinator of Health IT released two new transparency requirements included in the 2014 electronic health record certification criteria in the EHR Intelligence reports. The new requirements were released on Tuesday.

Background

As per 2009 federal economic stimulus package, Medicaid and Medicare incentive payments were available for healthcare providers who would demonstrate meaningful use of certified electronic heath record (HER) systems.

Also see: Delivering Better Patient Experience With Digital Tools – Infographic

In its 2014 Edition EHR Certification Criteria, ONC outlined the requirements that EHR systems must meet in order for providers to be able to qualify for incentive payments. Continue reading

Patient-Doctor Communication Shows Positive Health Effects: Study

In a recent study conducted by Dutch scientists, electronic communication between doctors and patients has turned out to yield more positive health effects. The various mediums of electronic communication reviewed in the study included email, messages, patient-facing EHR etc. Scientists concluded that using effective communication between patient and doctor significantly affects care outcomes, health behavior, and patient satisfaction. In the paper, recently published in the Journal of Medical Internet Research, researchers looked particularly at studies focused on chronically ill patients.

Also see: Why EMRs Are Crucial To Patient Satisfaction

Authors Catharina Carolina de Jong, Wynand JG Ros, and Guus Schrijvers wrote, “Asynchronous communication is used by patients and it helps to increase the effects on health behavior and health outcomes, at least for some. Patients seem to be interested in using email and understand how to use it. They use email for questions about biomedical concerns, medication, and test results, as well as to inform the providers about non-urgent health issues. They tend to prefer email to telephone for this communication.” [@HealthITplus] Continue reading

Large Practices Lead The Trend In EHR Adoption, Study Finds

According to a study report by Commonwealth Fund, adoption of electronic health record systems (EHRs) has increased significantly from 2009 to 2012. The study also finds that larger organizations have reported higher adoption rate than smaller settings. Also, there has been a considerable lag in interoperability between providers’ systems and patients.

https://i1.wp.com/pw-cdn.poweryourpractice.com/wp-content/uploads/2012/05/what-patients-like-about-EHRs.jpgBetween 2009 and 2012, the EHR adoption rate jumped from 46% to 69%, as did their use of certain health IT functions such as electronic prescription transmissions to pharmacies, 34% to 66%; and electronic lab ordering, 38% to 54%.

Also see: Patients Still Not Fully Informed About EHRs

But the report also highlighted that only half of physicians in solo practices were using EHRs in 2012 vs. 90% of docs in groups of 20 or more. Also in 2012, just 1 in 3 primary-care physicians could swap clinical summaries with a physician colleague and only 35% could share lab results outside their practices. [@HealthITplus] Continue reading

Physicians’ EHRs Usage Increase, But ‘Digital Divide’ Remains: Study

https://i2.wp.com/www.practicefusion.com/ehrbloggers/wp-content/uploads/2011/09/iStock_000010227504XSmall.jpgIn the past four years, the adoption of electronic health records by primary care physicians has risen significantly. Physicians like the idea of staying connected with their patients. From the other end, patients also want to access their health records and to participate in their own health process. Even through the idea seems appealing to both patients and healthcare providers, a ‘Digital Divide’ still seems to linger between large and small physician practices, according to a new study by the Commonwealth Fund.

Also see: EHRs changing the way doctors deliver care

Here’s what the findings of the study outline: [@HealthITplus] Continue reading

Upcoming 2014 mHealth Events

There have been a lot of technological innovations and enhancements surrounding the mobile health (mHealth). Mobile health is considered the future of patient-centric care. One of the main factors contributing towards the growth of mobile health is consumerism. Today, consumers are becoming more tech savvy using their mobiles for a variety of stuff, every day. Smartphones and apps for healthcare are changing the way people are living and using apps to participate in healthcare.

mHealth Summit

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The e-patient movement is the next big thing in the healthcare industry. Consumers are using multiple devices such as smartphones, tablets, wearable and connected gadgets such as watches, sensors etc. and are seeking new ways to integrate digital health into their day-to-day activities. Mobile sensors are taking more place within the industry. InMedica predicts that the American telehealth market will grow by 600 percent between 2012 and 2017. This would represent an increase from the current 227,000 telehealth patients to reach up to 1.3m patients in 2017. They think this is mostly related to the reimbursement changes in the US. [@HealthITplus] Continue reading

Growth Areas And Changes To Watch For In The Health IT Market In 2014

According to a new Research and Markets’ report entitled: North American Healthcare IT Market Report 2013-2017, the health IT market of North America is going to grow at a compound rate of 7.4 percent to reach $31.3 billion by 2017 from $21.9 billion in 2012. https://i2.wp.com/cdn2.hubspot.net/hub/215468/file-397288998-png/Blog_Images/north_american_health_it_growth.pngThe main factors driving this growth include higher demand for clinical information technology, and administrative solutions and services.

The report segments the market on the basis of applications, delivery modes, and components. Based on application, the North American healthcare information technology is segmented into provider (clinical information technology and non-clinical information technology) and payer, while the market by delivery mode is further categorized as on-premises, Web-based, and cloud-based. The healthcare information technology by component is made up of hardware, software and services. [@HealthITplus] Continue reading

Top Trends In Health Care Industry In 2014, Latest PwC Survey

Majority of hospitals and providers moving towards transparency in price

https://i2.wp.com/www.thomasnet.com/journals/career/wp-content/uploads/sites/5/2013/01/Health-care.jpg2014 is poised to be a great year for the healthcare industry. Not only is the Affordable Care Act getting fleshed out but there are numerous upcoming trends facing the healthcare industry. In 2014, hospitals and care health institutes will witness a shift that is more retail-focused. Price transparency and cost savings will become the biggest focus areas, reveals the latest PwC Health Research Institute’s Top Health Industry Issues for 2014.

Kelly Barnes, PwC’s U.S. health industries leader commented on the release of the report, “While health insurance exchange implementation is driving headlines today–in reality the next 12 months will be marked by how well the industry addresses a range of core business challenges.” Barnes adds, “Businesses must address rapid innovation and competition from non-traditional players, but above all they must respond to empowered consumers as customer-centric transformation sweeps healthcare.” [twitter.com/HealthITplus] Continue reading

Patient-Centered Care Biggest Agent Driving Mobile Adoption – Excerpts From mHealth Summit 2013

According to an expert panel consisting of senior executives from top healthcare organizations at the mHealth Summit 2013 in Washington D.C., mobile technology may very well be the future of patient-centric care. However, there is a strong need for better evidences to take it to the next level of adoption and implementation.

Cleveland Clinic Chief Medical Information Officer David Levin said, “We imagine things that will actually change people’s behavior, but we’re often wrong. Harping that health IT is not usually designed with the patient in mind. “Good design takes into account human factors and what motivates people and [what integrates] into and IT ecosystem,” he said.

Consumerism is adding to success of mHealth so far and it’s going to significantly change the way people live. mHealth patients won’t accept not getting their health data and not using mobile health apps to keep track of and participate in their own healthcare. [twitter.com/HealthITplus] Continue reading

Huge Growth Expected In The Area Of Device Integration [REPORT]

Device integration market is expected to grow ten-fold in next six years

According to a report from Transparency Market Research, the global medical device connectivity market will grow at a compound rate of 37.8 percent from 2013 to 2019, taking the current market worth $3.5 billion to over $33 billion by 2019.

https://i1.wp.com/medtechinsider.com/wp-content/uploads/2009/01/cambridge-consultants.jpgData integration from medical devices into EMRs helps save time, costs and eliminates human errors during documentation, and Meaningful Use clearly promises huge growth in the device integration. The market is already witnessing a steep rise with North America being the strongest contender. Thanks to increasing adoption of EMRs, and its continued growth is driven by factors such as increased need for workflow automation, efforts toward better patient safety, saved nursing hours, increased productivity of healthcare institutions, and minimizing the need for re-admissions. [twitter.com/HealthITplus] Continue reading