News | April 01, 2009

EMR Market Poised for Significant Growth, Says KLAS Study

April 1, 2009 - Healthcare provider attitudes toward the adoption of electronic medical record (EMR) technology at outpatient facilities and physician practices have changed significantly over the past year, according to a new perception study by market research firm KLAS.

Despite predictions of mass consolidation in the market, new ambulatory EMR vendors have proliferated, leaving physicians with a wealth of solution options in a highly competitive market. Add to that the recent passage of the American Recovery and Reinvestment Act (ARRA) and the relaxation of the Stark Law, and the market for ambulatory EMR solutions is poised for growth, with a large round of decision making right around the corner.

The KLAS perception study “Purchasing an Ambulatory EMR Solution: Who Makes the Short List?” differs from a traditional KLAS performance report in that it looks ahead at the planned purchasing decisions of outpatient organizations and which vendors they are most likely to consider. In addition to the obvious impact of the ARRA on buying decisions, the report also found that 54 percent of providers were changing or evaluating their buying strategies based on the changes to the Stark Law, compared to only minimal activity last year. The relaxation of the Stark Law allows outpatient facilities to receive funding from partner hospitals for technology and other projects.

Among the vendors named in the report, Allscripts - encompassing its Professional, Enterprise, Misys and MyWay products - was the vendor most often considered by providers in EMR buying decisions, being named 38 percent of the time. Allscripts was followed by NextGen (27 percent), eClinicalWorks (25 percent) and GE (23 percent). However, the report also found that Allscripts (Misys EMR) is the product that will most often be replaced by a new solution in the year ahead.

"Though the ambulatory EMR market is extremely crowded with vendor solutions, particularly among small physician practices, there is a select group of vendors that tends to dominate provider mindshare year after year," said Jared Peterson, KLAS executive vice president of ambulatory research and author of the new perception study. "Regardless of the size of the physician group, Allscripts, eClinicalWorks, GE and NextGen are consistently mentioned by providers considering an EMR implementation.

"The most recent entrant into that group, eClinicalWorks, is one of the few vendors that has been able to take an EMR that is proven in the small physician practice space and successfully adapt it for large physician groups," Peterson said. "NextGen has also made this transition, as has GE. Greenway is starting to gain more consideration in the larger end of the market, but has yet to gain significant mindshare there."

Another factor affecting provider buying patterns is the rise of remote-hosted solutions, which shift the burden of IT management back to the vendor or to a contracted third-party application service provider (ASP). The study found that 42 percent of providers would purchase an ASP or remote-hosted EMR, while a further 22 percent might consider such an arrangement. Both Cerner and eClinicalWorks have seen significant recent adoption of their hosted offerings.

For more information: www.KLASresearch.com

Related Content

ECRI Institute, top 10 patient safety concerns, 2017 report, information technology, healthcare
News | Information Technology| March 24, 2017
Safe implementation of new technologies and therapies accompany classic patient safety challenges on ECRI Institute's “...
Logicalis Healthcare Solutions, Epic service desk, HIMSS17
News | Electronic Medical Records (EMR)| March 06, 2017
March 6, 2017 — Logicalis Healthcare Solutions announced in February a new service desk offering – Service Desk for E
HIMSS Leadership and Workforce Survey, HIMSS17, electronic medical records, EMR, health information technology
News | Electronic Medical Records (EMR)| February 21, 2017
A new study from the Healthcare Information and Management Systems Society (HIMSS), unveiled at the 2017 HIMSS...
Logicalis Healthcare Solutions lists the top cybersecurity issues for CIOs at HIMSS17.
News | Cybersecurity| February 10, 2017
February 10, 2017 — With the Healthcare Information and Management Systems Society’s annual meeting (HIMSS17) schedul
ECG, heartbeat, password access, electronic health records, Binghamton University SUNY study, Zhanpeng Jin
News | Electronic Medical Records (EMR)| January 26, 2017
Researchers at Binghamton University, State University of New York have devised a new way to protect personal...
electronic health records, EHR, warfarin therapy management, University of Missouri Health Care, blood thinner
News | Antiplatelet and Anticoagulation Therapies| January 17, 2017
Warfarin is a commonly prescribed blood thinner used to prevent harmful blood clots. However, the drug requires...
Hunterdon Medical Center, McKesson, CVIS, cardiovascular information systems, cardiac PACS

The cardiology department at Hunterdon Medical Center in Flemington, N.J., wanted to eliminate cumbersome paper files and centralize access to patient records using a new, full-featured cardiovascular information system (CVIS).

Sponsored Content | Case Study | Cardiac PACS| December 28, 2016
Hunterdon Medical Center, a tertiary care center in Flemington, N.J., was looking to update its current cardiovascula
AMA, American Medical Association study, EMRs, electronic medical records, physician burnout
News | Electronic Medical Records (EMR)| September 07, 2016
Technological and administrative obstacles are significantly cutting into available time for physicians to engage with...
HIE, health information exchanges, participation strategy, Binghamton University
News | Information Technology| August 18, 2016
The U.S. healthcare industry has failed to create and sustain an efficient network for storing and sharing patient...
IBISWorld, electronic medical records, EMR software, price, market report

Image courtesy of IBISWorld

News | Electronic Medical Records (EMR)| June 07, 2016
According to market research firm IBISWorld, the average price of electronic medical record (EMR) software is forecast...
Overlay Init