Healthcare providers are aggressively adopting portal technology as market becomes more disruptive day-by-day
A new study suggests that by 2017, the U.S. patient portal business is expected to reach $898.4 million from a mere $279 million in 2012 – representing a staggering 221 percent growth.
A new analysis “U.S. Patient Portal Market for Hospitals and Physicians: Overview and Outlook, 2012–2017” by Frost and Sullivan suggests that there will be an exponential growth witnessed in the patient portal segment, largely driven by regulatory factors such as the need to meet stage 2 meaningful use requirements. Other factors would include the growing move to clinical integration, Accountable care, and increasing consumer demand for health information technology.
According the study, around 50 percent of U.S. hospitals and 40 percent of U.S. physicians have some kind of patient portal technology which they use in conjunction with their electronic health record system. Continue reading