The healthcare IT industry will grow 24 percent from 2012 to 2014, with spending focused on mobile electronic medical records and health, according to a new study by global research firm RNCOS.
The healthcare IT industry will grow 24 percent from 2012 to 2014 and increase its spending by $ 40 million through the end of 2011, according to the U.S. report Healthcare IT market analysis by RNCOS, a global research firm based in India.
Currently, about $ 80 billion a year is spent on healthcare IT, the company reports. Government pressure to adopt EHR (electronic health records) will promote increased spending on health care and hardware services, RNCOS suggests.
Due to the demand for HME applications, health care IT software market revenue will grow by $ 6. 8 billion in 2010 to $ 8.2 billion in 2011, the company reports. "In [the] U.S., the mandatory use of HCE has boosted the market for software in the industry of health care," says the report.
federal incentives granted by the significant use of electronic records are leading to additional pressure to adopt health programs offered by companies such as Cerner, GE and McKesson.
mobile health is another key reason for health care IT growth, according to the RNCOS report May 2011. "The buzz around mobile health care has grown steadily over the past two years," says the report. "There is no doubt that this area has enormous potential in terms of improving patient care in the U.S."
Doctors use mobile health applications to educate patients, remote data collection, communicating with remote workers, trace disease outbreaks and aid in the diagnosis and treatment.
Of doctors in the United States, 72 percent use smartphones, according to the report. In addition, more than 10,000 mobile health applications are available, with 6,000 in iTunes.
The m-health market will grow by around 22 percent from 2012 to 2014, with more than 20 percent of doctors have iPads, the report said.
American Telemedicine Association recently asked the FCC for wireless airwaves dedicated to healthcare, although the government has yet to approve the measure, RNCOS said.
A push for government hospitals to move from an ICD (International Classification of Diseases) 9 diagnosis code ICD-10 on October 1, 2013, is also boosting spending on health care, according to Rich Garnick, executive director IT service provider Anthelios. Anthelion Accenture is a competitor, Dell Services (incorporating Perot Systems) and Xerox to ACS in the health care information services.
"Analysts estimate that demand for IT [to] prevent the transformation of the ICD 9 and ICD-10 is similar to Y2K by Y2K initiative," said Garnick eWEEK.
"So for any treatment of a single, rather than in general terms the definition of a stomach ache, which could drop to very small clinical details so they can keep all the data and find better results," said Garnick. "There is great momentum for the system of health care from one side of the payer and the government to obtain better analytical data on the results we are investing in our investments in health care."
IT hardware represents 65 percent of the healthcare IT market, followed by software and services, according to the survey.
Another area of health care IT needs to invest in the interoperability of data communications protocols, Garnick said.
The U.S. health care IT market remains fragmented since sellers operate different types of legacy data networks. The industry of credit cards is a case in the works for interoperability of data, according to Garnick.
"If you travel around North America or even around the world, a credit card company knows where [is], who you are, what their spending patterns are and all their history instantly if needed," said . "It is there to protect against fraud and other things. It is not available in the health system, and that's a big problem for efficient care and better."
Source:http://www.eweek.com/c/a/Health-Care-IT/Mobile-EHRs-to-Fuel-24-Percent-Health-Care-IT-Growth-by-2014-Report-136106/
Mobile, EHRs to Fuel 24 Percent Health Care IT
Friday, May 27, 2011
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