HIMSS Analytics Report Identifies Enterprise Data Warehousing As Growth Market

Nov. 16, 2011
With ARRA/HITECH, meaningful use, and 5010/ICD-10 changing the provider landscape, understanding and tracking industry trends and expenditures is

With ARRA/HITECH, meaningful use, and 5010/ICD-10 changing the provider landscape, understanding and tracking industry trends and expenditures is vital to drive business. The Essentials of the US Hospital IT Market - 6th Edition provides the latest health IT market intelligence captured from the HIMSS Analytics Database of more than 5,200 hospitals and 32,000 medical facilities in the United States.

The report, for example, identified the enterprise data warehousing, with associated business intelligence solutions and consultancy, as a growing market, and suggests spending on revenue cycle management (RCM) applications will continue to intensify over the next five years.

Investors, consultants and healthcare software vendors can use the report to learn more about relevant topics for their business or clients and to set realistic goals for their teams while supporting their business plan with market research. For example, the report includes:

  • Five-year compounded annual growth rate market spend forecast for hospital IT (operating, capital and total) and more than 70 key hospital IT applications
  • Fifteen in-depth application overviews including EMR, patient safety, bar coding, health information management, revenue cycle management and financial applications

Sponsored Recommendations

A 4-step plan for denial prevention

Denial prevention is a top priority in today’s revenue cycle. It’s also one area where most organizations fall behind. The good news? The technology and tactics to prevent denials...

Healthcare Industry Predictions 2024 and Beyond

The next five years are all about mastering generative AI — is the healthcare industry ready?

Fast Tracking Caregiver Success

World-class organizations are built on world-class people. Yet in the healthcare industry, burnout is rife and the global talent shortage significantly eclipses other sectors....

Admit it, your EHR can’t do everything: Strategies for efficiency and better consumer experiences

Discover strategies to overcome EHR limitations and boost efficiency in your practice. Join industry leaders as they explore how a unified care enablement model can streamline...