EMR Market 2017: Electronic Medical Records Market in an Era of Disruption
For a decade, the EMR market could be said to be growing market on a predictable trajectory. There is a great deal of competition, hundreds of scattered companies serving local or web markets, and a few large concerns that are capturing large institutions. There were government-funded physician and hospital incentives in the largest market of the United States, which transformed to potential penalties.
All the while, some trends we've noted in this report, EMR 2017 included the depth of physician adoption, user dissatisfaction with their purchases, lack of interoperability, implementation difficulties, staffing shortages in IT, the lack of a clear EMR market leader, increasing international markets, and cybersecurity. Additionally, a new administration with a different set of objectives from the Obama Administration that incentivized EMR purchases is in office, potentially changing programs. Kalorama Information believes that at this time these trends are combining to disrupt the EMR marketplace, even while revenues for companies grow. The report takes a look at these trends and provides the following data:
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