Hospital EMR Systems Market Current Analysis and Estimated Forecast
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The characteristics of Hospital EMRs lessen human errors and mainly save time at critical conditions. Usually, there is only one file associated with a single patient, so the risk of data replication is considerably less. The benefits associated with EMR are digital format of patient care enables sharing of data across various networks and platforms, tracks care, triggers warning and alerts reminders and decreases bill processing time at the time of discharge.
There are considerable factors that have helped in the growth of this technology, some of which are – rising investment of hospitals in EMR systems ,increasing patient awareness and health care expenditure, , and consolidation of hospitals. Electronic Medical Records (EMRs) are touted as a categorized pool of patient information stored in a digital format. And as the digital format goes, these records have the ability to be shared across various other entities. Any report may include huge data collections ranging from a patient’s medical history, allergies, recently undergone surgeries, medications the patient is on, immunizations history, laboratory test results, vital signs and other personal statistics such as age, weight and medical insurance information. EMR’s excludes the long paper trials which were required before to understand a patient’s conditions.
Global hospital EMR System market: Overview
At same time, the data in an EMR cannot move out of the practice. It is possible that the patient’s record may even have to be printed out and then delivered by mail to specialists and other members of the care team. These are the various reasons why Electronic medical records are better than traditional paper records. The global Hospital EMR System Market is estimated to be over US$ 10.0 Bn in 2017. It is anticipated to grow at a considerable CAGR from 2019 to 2030.
1. COMPETETIVE LANDSCAPE
1.2. Key Strategies Assessment
1.2.2. Merger & Acquisitions
1.2.4. Expansions
2. COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
2.2. eClinicalWorks
2.4. McKesson
2.6. Cantata Health
2.8. MEDHOST
2.10. NextGen Healthcare (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
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