EMR 2010 (Market Analysis, ARRA Incentives, Key Players, and Important Trends)
It was less than one year ago that Kalorama Information surveyed the market for electronic medical records. Yet much has changed and the changes may reach into every aspect of healthcare. Since our last report, the U.S. Government has decided to incentivize the use of EMRs through extra Medicare payments, companies have merged and new players - including some well-known corporate giants, have entered the field.
What impact have the announcement of ARRA (stimulus) incentives had, if any? What is the realistic opportunity for producers of EMR systems and system components? Who are the key players who will determine the future of EMR? What is the actual usage rate of EMR? Is this market still open for new entrants?, and what are the strategies that are working in the marketplace? These questions and more are addressed in this report.
In EMR 2010 (Markets, Key Players, ARRA Stimulus Incentives and Innovations), Kalorama Information provides the most current market research on EMR available. As part of its research, EMR 2010 includes:
As with all Kalorama Information research, secondary research into company reports, government reports, trade publications were used as foundation and primary research - interviews with industry experts were used to assess the data and make forecasts.
What impact have the announcement of ARRA (stimulus) incentives had, if any? What is the realistic opportunity for producers of EMR systems and system components? Who are the key players who will determine the future of EMR? What is the actual usage rate of EMR? Is this market still open for new entrants?, and what are the strategies that are working in the marketplace? These questions and more are addressed in this report.
In EMR 2010 (Markets, Key Players, ARRA Stimulus Incentives and Innovations), Kalorama Information provides the most current market research on EMR available. As part of its research, EMR 2010 includes:
- Analysis of Various Surveys of Physician EMR Use; Getting Towards Usage
- Current Market Size and Forecasts for the Next Five Years of EMR Sales
- Market Share of Major Competitors
- Breakout of Market for the Physician (Office-based) Market and the Hospital Market
- Profiles of Major Players in the Market, As Well As Innovative Companies
- A Complete Overview of EHR, EMR and PHRs
- Physician EMR Preferences and Feature Ratings
- List of EMR Products Certified in 2006, 2007 and 2008
- A Look at the 'Ideal EMR-Enabled Physician'
- ROI for Average Physician Office; Cost for Hospitals and For the Health System
As with all Kalorama Information research, secondary research into company reports, government reports, trade publications were used as foundation and primary research - interviews with industry experts were used to assess the data and make forecasts.
- CHAPTER ONE: EXECUTIVE SUMMARY
- Industry at a Glance
- Scope and Methodology
- Size and Growth of the Market
- Physician Use of EMR
- Key Issues and Trends Affecting the Market
- Leading Market Participants
- CHAPTER TWO: INDUSTRY OVERVIEW
- Introduction
- The Medical Record
- The Electronic Medical Record
- Industry Terminology
- Industry Structure
- Physician use of Emr
- The ‘Ideal EMR-Enabled Physician’
- 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
- 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
- CHAPTER THREE: EMERGING TRENDS
- Economic Stimulus Package
- Vendor Stimulus Guarantee
- Cloud Computing
- Discreet Recordable Transcription
- National Physician Education Program
- The Personal Health Record System
- Doctor’s Survey
- Interoperability
- Dimensions of Interoperability
- Benefits
- Smart Cards Technology
- Wireless Technologies
- Open Source EMR Applications
- Benefits of Open Source EMR Applications
- Adoption Issues
- 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
- Mega Computer Giant Dell Market Entry
- International Markets and Trends
- European Union and Asia-Pacific Markets
- The US Market
- CHAPTER FOUR: COMPANY PROFILES
- Abraxas Medical Solutions
- Allscripts-Misys Healthcare Solutions
- Amazing Charts.com Inc
- Cerner Corporation
- ChartLogic, Inc
- Computer Programs and Systems, Inc.
- Dell
- eClinicalworks
- Eclipsys Corporation
- e-MDs, Inc.
- Emedon
- Epic Systems, Inc.
- GE Healthcare
- Greenway Medical Technologies
- MDTablet.com
- MediTech, (Medical Information Technology, Inc.)
- MedPlus, Inc.
- McKesson Corporation
- NextGen Healthcare Information Systems/QSI
- Quadramed Corporation
- Siemens Medical Solutions
- SynaMed
- CHAPTER FIVE: MARKET ANALYSIS
- Market Overview
- Competitive Analysis
- Hospitals and Health System Technology Providers
- Practice Management System (PMS) Acquirers
- Pharmacy Services Providers
- Other Entities
- Market Segmentation
- Hospital Market
- Office and Web-Based
- CHAPTER SIX: CONCLUSIONS
- Overview
- Conclusion One
- Conclusion Two
- Conclusion Three
- Conclusion Four
- Conclusion FIve
- Conclusion Six
- Conclusion Seven
- Conclusion Eight
- APPENDIX A: DEFINITION OF INDUSTRY PRODUCTS
- CHAPTER ONE: EXECUTIVE SUMMARY
- Table 1-1: EMR Market Analysis, 2006-2008
- Table 1-2: Forecasted EMR Market Analysis: 2009-2013
- Figure 1-1: EMR Market Analysis: 2006-2013
- Figure 1-1: Market Share of EMR Providers 2008
- CHAPTER TWO: INTRODUCTION
- Table 2-1: Terminology - EMR, EHR, PHR
- Table 2-2: Physician Use of EMR: Multiple Surveys
- Table 2-3: Age-wise Percentage Distribution of Office-based Physicians Using EMR (US, 2006-2007) 21
- Table 2-4: Percentage Distribution of Office-based Physicians Using EMR by Practice Characteristics (US, 2007)
- Table 2-5: Location Characteristics of Office-based Physicians 2007 (US, 2007). 23
- Table 2-6: Percentage of Office-based Physicians Using Select EMR Features (US, 2006) 25
- Table 2-7: Percentage Installation of Various Clinical Applications in Hospitals (US, 2006) 26
- Table 2-8: Hospitals Automated or Contracted for EMR, CDR, CPOE, LIS, PMS, POC, RIS, and Radiology PACS (US, 2006)
- Table 2-9: EMR System Implementation Rate across Various Operating Room Environments (US, 2005) 28
- Table 2-10: Average Total Cost for a Three-physician Practice for EMR/PMS Installations (2005-2008) 42
- Table 2-11: Total Cost Range for EMR/PMS Installations (2005)
- Table 2-12: Two-year Total Cost for EMR/PMS Installations/Subscriptions 2005-2007 Selected Products 44
- CHAPTER THREE: ROI, PHYSICIAN OPINION, INCENTIVES AND OTHER TRENDS
- Table 3-1: HITECH ACT - Subsidy Plan
- Table 3-2: Survey of Physicians -EMR System Used
- Figure 3-1: Survey of Physicians - EMR System Used
- Table 3-2: Rating of EMR by Physicians
- Table 3-: Cost Break-up for a Typical One-Physician Practice (5-year period)
- Figure 3-2: Distribution of Cumulative Savings
- Table 3-5: Total Implementation Cost for All Healthcare Systems, Physicians and Hospitals (Low End, High End, Average Cost)
- Figure 3-3: By Sector Contribution to the US GDP (2007)
- Figure 3-4: The US Healthcare Spending (2005-2016)
- CHAPTER FIVE: MARKET ANALYSIS
- Table 5-1: EMR Market Analysis, 2006-2008
- Table 5-2: Forecasted EMR Market Analysis: 2009-2013
- Figure 5-1: EMR Market Analysis: 2006-2013
- Table 5-3: Revenues and Market Share of EMR Providers 2008
- Figure 5-2: Revenues and Market Share of EMR Providers 2008
- Table 5-4: Hospital-based Competitive Analysis, 2008
- Table 5-5: Office and Web-Based Competitive Analysis, 2008
