A new study from Framingham, Mass.-based IDC’s Industry Insights estimates that the healthcare industry is expected to see $21.1 billion in technology spending in the next five years.
According to the study, the largest portion is concentrated on promoting deployment and usage of electronic medical and health records, including incentive payments to physicians who implement and use these tools. Additional funds will be steered to technology solutions that measure the comparative effectiveness of programs and clinical intelligence solutions, the study adds.
The Industry Insights team examined the implications of the U.S. economic stimulus plan and the American Recovery and Reinvestment Act (ARRA), and quantified the technology spending that may be stimulated from initiatives to be deployed.
The report, Business Strategy: Capturing Your Share of the American Recovery and Reinvestment Act (Document #217404), is currently available at www.idc.com.