Welcome!

Eclipse Authors: Carmen Gonzalez, Roger Strukhoff, Lori MacVittie, Kevin Jackson, Mark R. Hinkle

News Feed Item

EMR 2014: The Market for Electronic Medical Records

NEW YORK, Aug. 20, 2014 /PRNewswire/ --

Reportlinker.com announces that a new market research report is available in its catalogue:

EMR 2014: The Market for Electronic Medical Records

http://www.reportlinker.com/p0833392/EMR-2014-The-Market-for-Electronic-Medical-Records.html

Kalorama has continuously examined the fast-changing market for electronic medical records (EMR) for nearly a decade, and each year we produce a comprehensive report of our findings. Our report has become the industry standard, oft-quoted by companies and industry associations as the source for market sizing and market share in healthcare.

This Kalorama Information report, EMR 2014, is a complete global analysis of the EMR market. The report includes the important trends that will affect companies offering software, hardware and services related to EMR.

Expert Global Market Sizing and Market Share

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? Kalorama 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

The information for this report was gathered using both primary and secondary research including comprehensive research of secondary sources such as company literature, databases, investment reports, and medical and business journals. Telephone interviews and email correspondence were the primary method of gathering information. For the purpose of this study, Kalorama Information conducted interviews with more than 24 key industry officials, consultants, health care providers, and government personnel. These sources were the primary basis in gathering information specifically relating to revenue and market share data presented in this report. Additional interviews were completed with relevant company representatives including marketing directors, division managers, and product representatives.
CHAPTER ONE: EXECUTIVE SUMMARY
Introduction
Industry at a Glance
Scope and Methodology
Physician Use of EMR
Percentage and Increase of Physician Usage of EMR
Analysis of CDC Physician EMR Use Numbers (Basic Use vs. Fully Functional)
Hospital Use of EMR
Size and Growth of the Market
Key Issues and Trends Affecting the Market
Leading Market Participants
Conclusions

CHAPTER TWO: INDUSTRY OVERVIEW
Introduction
The Medical Record
The Electronic Medical Record
Industry Terminology
Industry Structure
Physician-based/Ambulatory EMR Services
Physician EMR Acceptance by Type (Overall Use, Basic System, Fully Functional)
State Distribution of Office-based Physician EMR Adoption
Hospital-based EMR Services
Advantages
Increased Access and Efficiency
Improved Documentation
Quality of Care
Increased Resources
Quality Assurance
Eliminates Costs
Disadvantages
Reliability
Accountability
Patient Privacy
EMR Software
Components of an EMR
Administrative System Components
Laboratory System Components
Radiology System Components
Pharmacy System Components

Computerized Physician Order Entry
Clinical Documentation
Flow of Patient Data across Various Components
Pricing of EMRs
US EMR Adoption Model
EMR Adoption Rates by Ownership
CHAPTER THREE: EMERGING TRENDS
CHAPTER FOUR: MARKET PARTICIPANTS
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
Henry Schein
Kareo
McKesson Corporation
MedHost
Medical Information Technology, Inc. (MEDITECH, Inc.)
Medent Community Computer Service,
Medsphere Systems
MeridianEMR, Inc
NextGen Healthcare Information Systems/ Quality Systems Inc
Nightingale Infomatix
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
CHAPTER FIVE: MARKET ANALYSIS
Market Overview
Market by Region
United States
Europe
Asia Pacific
Rest of World
Market by Segment
Hospital
Physician/Web-based
Market Segment by Type
Competitive Analysis
Hospitals and Health System Technology Providers
Practice Management System (PMS) Acquirers
Pharmacy Services Providers

Other Entities
Hospital
Physician Office
CHAPTER SIX: CONCLUSIONS
Overview
Conclusion One: Physician Practices Still High Growth Area
Conclusion Two: Meaningful Use Confusion Still Plagues Industry
Conclusion Three: No Clear Leader Still, Opportunity For New Players
Conclusion Four: Mergers and Acquisitions
Conclusion Five: Interoperability A Major Hurdle
Conclusion Six: PR Effect of Breaches Downside for Industry
Conclusion Seven: Usability and Data Entry an Under the Radar Issue
Conclusion Eight: Opportunity for Telecoms
Conclusion Nine: "Stick" Will Be More Effective Than "Carrot" in Doctor Conversion
Conclusion Ten: CPOE and Other Features Sell EMR Systems
Conclusion Eleven: Hospital EMR Incentives Factor in Growing Market
Conclusion Twelve: Technology Moving Faster than EMR Technology Providers
Conclusion Thirteen: Data Storage Concerns — Top Focus
Conclusion Fourteen: User Satisfaction On Decline
Conclusion Fifteen: EMR Specialists See Gains
APPENDIX: DEFINITION OF INDUSTRY PRODUCTS
APPENDIX: DIRECTORY OF SELECT EMR COMPANIES

TABLE OF EXHIBITS

CHAPTER ONE: EXECUTIVE SUMMARY
Figure 1-1: Percentage Physician EMR Usage, 2006-2013
Figure 1-2: Analysis of CDC Physician EMR Use Numbers (Basic Use vs. Fully Functional)
Figure 1-3: Hospitals at Stage 3 or Higher
Figure 1-4: EMR Market Analysis 2011-2018
Figure 1-5: Market Share of EMR Providers 2013
CHAPTER TWO: INDUSTRY OVERVIEW
Table 2-1: Terminology Comparison Matrix
Table 2-2: Physician Adoption of EMRs 2006-2013 (Basic System and
Fully Functional System)
Figure 2-1: Physician EMR Acceptance by Type (Overall Use, Basic System,Fully Functional)
Table 2-3: State Percentage Distribution of Office-based Physicians Using EMR (US) by State 2013
Table 2-4: Percentage Distribution of Office-based Physicians
Using EMR by Age and Practice Characteristics (US, 2012)
Table 2-5: Physician Usage by US Region (2014)
Figure 2-2: Comparison of Hospital Basic EHR Systems with Hospital Certified EHR Systems 2013
Table 2-6: Average Total Cost for a Three-physician Practice for EMR/PMS Installations (2012-2013)
Table 2-7: Total Cost Range for EMR/PMS Installations (2012-2013)
Table 2-8: Two-year Total Cost for EMR/PMS Installations/Subscriptions 2010-2013 Selected Products (estimates)
Table 2-9: US EMR Hospital Adoption Model 2013
Table 2-10: Canada EMR Hospital Adoption Model 2013

Table 2-11: US Ambulatory EMR Adoption Model 2013
Table 2-12: Ownership vs Non-ownership Adoption Rates 2012-2013
Table 2-13: Doctors' Office Adoption Rates 2011-2014
CHAPTER THREE: EMERGING TRENDS
Table 3-1: HITECH ACT – Subsidy Plan
Figure 3-1: Global Healthcare Cloud Market 2010-2020
Table 3-2: Mergers and Acquisitions
Table 3-3: Number of HIEs in 2011 and 2012 by Top States
Table 3-4: 2013 Listing of Regional Extension Centers
Table 3-5: Cost of Implementing ICD-10 2008 and 2014
Table 3-6: EHR Usability Rating 2013 (Score on scale of 1-5 with 5 best)
Table 3-7: 2013 Black Book Ratings for Ambulatory Care Practices
Table 3-8: Top 20 Vendors by Popularity
Table 3-9: EHR Vendor Market Share by Practice Size
Table 3-10: Cost Break-up for a Typical One-Physician Practice (5-year period)
Figure 3-2: Distribution of Cumulative Savings
Table 3-11: EHR Incentive Select Program Payments 2011-2013
Table 3-12: Vendor Product Certifications 2006
Table 3-13: CCHIT 2007 Vendor Certifications
Table 3-14: CCHIT 2008 Vendor Certifications
Table 3-15: EMR/EHR Certifications 2010
Table 3-16: Modular System Certifications 2010
Table 3-17: System Certification in 2011
Table 3-18: System Certification in 2012
Table 3-19: Select Ambulatory EMR Certified Products 2013
Figure 3-3: By Sector Contribution to the US GDP (2012)
Figure 3-4: The US Healthcare Spending (2009-2020)

CHAPTER FOUR: MARKET PARTICIPANTS
Table 4-1: EMR Mergers and Acquisitions 2010-2013
Table 4-2: Selected Black Book Ratings
CHAPTER FIVE: MARKET ANALYSIS
Table 5-1: EMR Market Analysis, 2011-2013
Table 5-2: Forecasted EMR Market Analysis: 2014-2018
Figure 5-1: EMR Market Analysis 2011-2018
Table 5-3: United States EMR Market Analysis, 2013-2018
Table 5-4: European EMR Market Analysis, 2013-2018
Table 5-5: Asia Pacific EMR Market Analysis, 2013-2018
Table 5-6: Rest of World EMR Market Analysis, 2013-2018
Table 5-7: Hospital EMR Market Analysis 2011-2013
Table 5-8: Forecasted Hospital EMR Market Analysis: 2014-2018
Figure 5-2: Hospital EMR Market Analysis: 2011-2018
Table 5-9: Physician/Web-based EMR Market Analysis 2011-2013
Table 5-10: Forecasted Physician/Web-based EMR Market Analysis: 2014-2018
Figure 5-3: Physician/Web-based EMR Market Analysis: 2011-2018
Figure 5-4: EMR Market Breakdown, Physician/Web vs. Hospital 2013
Figure 5-5: EMR Market Breakdown, Physician/Web vs. Hospital 2018
Figure 5-6: EMR Breakdown by Type 2013
Table 5-11: Notable Companies by Healthcare Specialty Area 2013*
Table 5-12: Revenues and Market Share of EMR Providers 2013
Figure 5-8: Market Share of EMR Providers 2013

To order this report: EMR 2014: The Market for Electronic Medical Records
http://www.reportlinker.com/p0833392/EMR-2014-The-Market-for-Electronic-Medical-Records.html

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...

The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the real benefits to focus on, how to understand the requirements of a successful solution, the flow of ...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work ac...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
C-Labs LLC, a leading provider of remote and mobile access for the Internet of Things (IoT), announced the appointment of John Traynor to the position of chief operating officer. Previously a strategic advisor to the firm, Mr. Traynor will now oversee sales, marketing, finance, and operations. Mr. Traynor is based out of the C-Labs office in Redmond, Washington. He reports to Chris Muench, Chief Executive Officer. Mr. Traynor brings valuable business leadership and technology industry expertise to C-Labs. With over 30 years' experience in the high-tech sector, John Traynor has held numerous...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data a...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada. Our partner network encompasses some 300 of the world's leading systems integrators and security s...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world. The next @ThingsExpo will take place November 4-6, 2014, at the Santa Clara Convention Center, in Santa Clara, California. Since its launch in 2008, Cloud Expo TV commercials have been aired and CNBC, Fox News Network, and Bloomberg TV. Please enjoy our 2014 commercial.