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EMR 2011: The Market for Electronic Medical Record Systems

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SKU: KLI6164654 Categories: Healthcare Information Technology, Healthcare Market Research Pages: 250
  • Description
  • Table of Contents
  • Latest reports

Description

For several years Kalorama Information has been studying the trend of electronic medical records (EMR) and electronic health records (EHR). What was already a fast-growing market dramatically changed in 2009 when as part of the ARRA stimulus law, the US Government provided incentives for physicians and hospitals to use systems. Those incentives have now been clarified and in 2011, the first checks have been issued. What will be the impact of those incentives, as well as vendor actions? And what will happen in this market in the years to come?

This report, EMR 2011 , Kalorama’s most recent look at the market and trends impacting electronic medical record software and related services, seeks to answer these questions and provide crucial data for business planning. Included in the report are statistics influencing the industry, demographics; life expectancy, and company strategies. Information is presented as a U.S. market, with a section on key international markets. A market summary provides a total market analysis. Also included is a competitive analysis of leading EMR system providers.

The report covers:

  • Current Market for EMR and Forecast
  • Hospital and Physician EMR Adoption Statistics
  • Pricing of Select EMR Systems
  • ROI for Physicians
  • Profiles of Major Vendors
  • Mergers and Acquisitions
  • Current Vendors with CCHIT Qualification
  • Summary of Third-Party EMR User Survey Results
  • Analyst Conclusions Regarding the EMR Market

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.

Among the trend impacting the marketplace are the following:

  • Meaningful Use
  • Stimulus Guarantee
  • Challenges to Healthcare Reform
  • Cloud Computing
  • Stark Law
  • Discrete Recordable Transcription
  • Regional Extension Centers
  • Personnel Issues
  • Security Breaches/Portable Devices
  • Doctor’s Surveys
  • Interoperability
  • Smart Cards Technology
  • Wireless Technologies
  • Open Source EMR Applications
  • Usability and Adoption
  • Physician Group Practices and the Recession
  • Quality of Care/Malpractice/Security
  • Cost-Benefit Analysis
  • ROI For a Typical Physician Practice
  • Implementation Costs and ROI for Hospitals
  • Privacy Issues
  • Technology Limitations
  • Social and Organizational Barriers
  • CCHIT
  • NHIN
  • Results of WalMart and Dell Launches
  • Direct PPC Offerings
  • International Markets

For the purpose of this study, Kalorama Information conducted interviews with more than 22 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.

As part of its coverage, the following companies are profiled in this report:

  • Allscripts Healthcare Solutions
  • Aprima Medical Software, Inc
  • Cerner Corporation
  • Computer Programs and Systems, Inc.
  • eClinicalworks
  • Epic Systems, Inc.
  • GE Healthcare
  • Medical Information Technology, Inc. (MEDITECH, Inc.)
  • MedPlus, Inc.
  • McKesson Corporation
  • NextGen Healthcare Information Systems/QSI
  • Practice Fusion
  • Quadramed Corporation
  • Siemens Medical Solutions
  • Other select EMR companies are profiled in brief…

All market data pertains to the world market at the manufacturers’ level. The base year for data was 2010. Historical data was provided for the years 2008 and 2009, with forecast data provided for 2010 through 2015. Compound annual growth rates (CAGRs) are provided for the 2008-2010 and 2011-2015 periods for each region and/or segment covered. Competitive analysis is provided for the year 2010. The forecasted market analysis for 2011-2015 was largely based on demographic trends, new developments, company performance trends, merger and acquisitions, and national expansion.

All Kalorama reports advertise the single user price. Use is limited to one user. We also feature department and global pricing for reports that we be utilized by more than one user at your company. Please consult ask your sales representative or select the correct license on our website.

For Kalorama’s take on the healthcare news of the week, based on our analysis of healthcare markets, follow Kalorama Information’s Key Point Blog at http://kaloramakeypoint.blogspot.com/

Table of Contents

CHAPTER ONE: EXECUTIVE SUMMARY

Industry at a Glance

Scope and Methodology

Physician Use of EMR

Percentage and Increase of Physician Usage of EMR

Percentage EMR Usage, 2006-2010

A Deeper Look at Physician Usage Statistics

Trend in Adoption Rate of EMR, 2007-2010

Analysis of Physician EMR Use Numbers

(Basic/Some Use vs. Fully Functional)

Status of Paperless Medicine

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 Adoption of EMRs 2006-2010

Advantages

Increased Access and Efficiency

Improved Documentation

Quality of Care

Increased Resources

Quality Assurance

Eliminates Costs

Disadvantages

Reliability

Accountability

Patient Privacy

EMR Software

Hardware Requirements

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

CHAPTER THREE: EMERGING TRENDS

Meaningful Use

Economic Stimulus Package

Stimulus Guarantee

Challenges to Healthcare Reform

Cloud Computing

Mergers and Acquisitions

Stark Law

Discreet Recordable Transcription

Regional Extension Centers

Personnel Issues

Security Breaches/Portable Devices

National Physician Education Program

The Personal Health Record System

Doctor’s Surveys -AAFP, ACP, Medscape

Interoperability

Dimensions of Interoperability

Benefits

Smart Cards Technology

Wireless Technologies

Open Source EMR Applications

Benefits of Open Source EMR Applications

Adoption Issues

Usability And Adoption

Physician Group Practices And the Recession

Quality of Care/Malpractice/Security

Cost-Benefit Analysis

ROI For a Typical Physician Practice

Implementation Costs and ROI for Hospitals

Summary

Privacy Issues

Technology Limitations

Social and Organizational Barriers

CCHIT

NHIN

Results of WalMart and Dell Launches

PPC Direct OfferingsInternational Markets and Trends

Europe Asia, and Other EMR Markets

The US Market

CHAPTER FOUR: LEADING MARKET PARTICIPANTS

Allscripts Healthcare Solutions

Aprima Medical Software, Inc

Cerner Corporation

Computer Programs and Systems, Inc.

eClinicalworks

Epic Systems, Inc.

GE Healthcare

Medical Information Technology, Inc. (MEDITECH, Inc.)

MedPlus, Inc.

McKesson Corporation

NextGen Healthcare Information Systems/QSI

Practice fusion

Quadramed Corporation

Siemens Medical Solutions

CHAPTER FIVE: COMPANIES IN BRIEF

Abraxas Medical Solutions

Amazing Charts

Athenahealth

BizMatics

ChartLogic

CureMD

e-MDs

Dr First/Rcop

Healthland

Henry Schein

Keane

LLS Data Systems

Medsphere Systems

MeridianEMR, Inc

Nightingale Infomatix

Sage North America, Inc

Sequel Systems, Inc

SoapWare, Inc

StreamLine MD

SuiteMed

Waiting Room Solutions

Web PT

CHAPTER SIX: MARKET ANALYSIS

Market Overview

Market by Segment

Competitive Analysis

CHAPTER SEVEN: CONCLUSIONS

Overview

Conclusion One

Conclusion Two

Conclusion Three

Conclusion Four

Conclusion Five

Conclusion Six

Conclusion Seven

Conclusion Eight

Conclusion Nine

Conclusion Ten

Conclusion Eleven

APPENDIX I – DEFINITION OF INDUSTRY PRODUCTS

APPENDIX II – LIST OF SELECT MAJOR COMPANIES

 

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