Market Observations: EHR in 2013 & Beyond

In 2009, just 16 percent of U.S. hospitals had an electronic health record system.

Currently, on the eve of the five-year mark, more than 80 percent of hospitals eligible for meaningful use incentives have implemented an EHR and have begun the process of computerizing medical records, according to CMS data. The EHR and meaningful use incentive programs caused the EHR market to spike in 2012 and report record revenues, according to the Millennium Research Group. Revenues began to decline in 2013 due to market saturation. "Pretty much all of the major hospitals have made a decision and selected an EHR" says Juergen Fritsch, chief scientist at health IT provider M*Modal.

Read the full article on Becker's Hospital Review.

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