What You Should Know:
- Competition in the provider IT space shows no signs of abating: Early-stage capital, big tech, and scale EMR players continue crowding into more segments. This has significant implications for providers as they transition into a new disruptive period, for software players as they fine-tune go-to-market models for the current environment, and for private equity investors as they look to invest behind winning themes.
- A new report by KLAS Research and Bain &
Read More
emr solutions
Canadian-Based EMR MEDFAR Raises $25M to Expand Into North America
What You Should Know:
- MEDFAR Clinical Solutions, a Montreal-based Electronic Medical Record (EMR) provider in Canada, announced today a minority investment of nearly $25 million led by Walter Capital Partners.
- MEDFAR’s cloud-based EMR solutions, MYLE and PLEXIA, are built with physicians in mind. MEDFAR R&D is performed in partnership with doctors and healthcare administration and is driven by our clients' needs.
- The MYLE EMR, tailored to general practitioners,
Read More
CHIME-KLAS Report Reveals 10 Key EMR Interoperability Trends
What You Should Know:
- New CHIME-KLAS interoperability report reveals steady
progress in some areas related to interoperability and leaps forward in others.
- A total of 67% of provider organizations reported they
often or nearly always had access to needed records in 2020, up from 28% in
2017. Providers noted improvements in functionality and usability for tasks
like locating and viewing records.
Both providers and the companies that produce the hardware and software needed
Read More
Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts, MEDITECH
What You Should Know:
- How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion.
As highlighted below, there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $650M in 2019, representing 12% of its business. Whilst MEDITECH has considerably lower revenue than
Read More
3 Takeaways From The 2019 HIMSS & Health 2.0 European Conference
The HIMSS & Health 2.0 European Conference attracted over 2,600 delegates from 64 countries to Helsinki in June 2019. While there was a strong focus on healthcare in the Nordics, the conference brought with it a wide variety of vendors from across the globe all looking for new opportunities on the show floor. Our key takeaway – the goal to change mindsets in Europe towards how healthcare can be improved through the use of technology. We look at a few examples below, namely:- Developing
Read More
Analysis: Examining The Highly Fragmented International EHR Market
The EMEA market for EMR/EHR IT is estimated to have been worth $3.7B in 2018 (both acute and ambulatory applications) according to Signify Research’s recently published market report on the global EMR/EHR market. However, only one vendor, Cerner, is estimated to have had a double-digit revenue share. Despite its recent announcement that it will potentially sell its Hospital IT and Integrated Care business, Agfa Health was the only other vendor to come close. In terms of suppliers, the market is
Read More
When Purchasing An EMR Goes Wrong
Wall Street Journal recently posted an article about Dr. Hammond from the Westminster Medical Clinic in Denver – a 3 provider, 22 staff member, 6,300 patient family practice clinic struggling to stay afloat. They are faced with a myriad of financial issues including lack of reimbursement under traditional insurance contracts. To showcase the financial severity of his practice, Wall Street Journal provided the following snapshot:
CLICK ON IMAGE TO ENLARGE
One of the largest causes of
Read More
Infographic:The 20 Most Popular EMR Solutions
Infographic of the 20 most popular EMR solutions created by Capterra, Inc.
Very interesting infographic that was created by Capterra solutions from examining the EMR software companies listed in their EMR Software Directory. From there, Capterra narrowed down the list by looking at web data for each of the vendors, including Alexa rankings, Compete traffic, and Google searches. While none of these are perfect indicators of popularity (particularly for B2B websites), the data gave them a way of
Read More
