Is the Market Ready for PHRs?
With the announcement this week of PHR provider MMRGlobal offering military members and their families a MyMedicalRecords Personal Health Record account at no cost for as long as they are on active duty (and veterans and their families a no cost one year access), I wonder what it will take to get true market penetration of PHRs. Personal health record adoption has been slow to catch on. This point is reinforced by a recent study by IDC Health Insights that showed that the vast majority of the 1,200 respondents aren't using a PHR simply because they don’t know about them yet. There is a bit of promise in IDC’s results, as 28 percent of the respondents indicated that they would use a PHR system if their physician recommended doing so. However, some patients don’t see the value of a PHR since they don’t seek many healthcare services, while others don’t trust the security of PHRs.