Hospital EMR Systems Market Segmented By Technology, And Region
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Posted On: 08/05/2019 3:12:11 AM
The Hospital EMR Systems Market study is aimed at discovering market insights that enable stakeholders, business owners and sales executives to make effective decisions driven by solid facts based on key surveys and analysis of the ongoing market. The study analyzes and delivers actionable data for the competitive landscape to meet the consumers’ needs and requirements in the ever changing market scenario.
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Data breaches and Security threat related to EMR Market
Data is one of the most valuable resource and is prone to threat if a system fails to protect it. Major concern related to the EMR market is the data breaches and handling of sensitive patient data. Companies in the healthcare IT segment are pushing to provide a better security layer to protect its patient’s medical data. In 2018, more than 140 data breaches were recorded and data records of 3 million patients were affected. With the growing security concerns and data breaches related to patients medical history the growth of the EMR market is likely to be hampered to certain extent.
Global hospital EMR System market: characteristics
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.
Global hospital EMR System market: Market Potential
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.
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Consolidation of Hospitals
Hospitals are under constant pressure to reduce its cost and provide better healthcare and facilities to its patients. To reduce its operational cost hospital have started to merge with large hospitals, this has led to a drastic reduction in operational cost, increase in providing better healthcare and sustainability of the hospital. The trend of merger and acquisition (M&A) in hospitals are increasing over the years. According to a report published by Kaufman Hall, in 2017, healthcare organization announced 115 merger and acquisition, which one of the highest in recent times. This rise in consolidation of hospitals will lead to rise in adoption of EMR systems and services and boost the market of EMR in hospitals.
#This Reports Includes Segmental analysis, Regional analysis, Research Methodology, Competitive Landscape, Learn how to build the strategy and business case to implement Order Here @ https://www.marketindustryreports.com/checkout/11
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
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Website: https://www.marketindustryreports.com/categor...lthcare-it
Access Sample PDF: https://www.marketindustryreports.com/pdf/11
Data breaches and Security threat related to EMR Market
Data is one of the most valuable resource and is prone to threat if a system fails to protect it. Major concern related to the EMR market is the data breaches and handling of sensitive patient data. Companies in the healthcare IT segment are pushing to provide a better security layer to protect its patient’s medical data. In 2018, more than 140 data breaches were recorded and data records of 3 million patients were affected. With the growing security concerns and data breaches related to patients medical history the growth of the EMR market is likely to be hampered to certain extent.
Global hospital EMR System market: characteristics
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.
Global hospital EMR System market: Market Potential
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.
Get Exclusive Discount: https://www.marketindustryreports.com/discount/11
Consolidation of Hospitals
Hospitals are under constant pressure to reduce its cost and provide better healthcare and facilities to its patients. To reduce its operational cost hospital have started to merge with large hospitals, this has led to a drastic reduction in operational cost, increase in providing better healthcare and sustainability of the hospital. The trend of merger and acquisition (M&A) in hospitals are increasing over the years. According to a report published by Kaufman Hall, in 2017, healthcare organization announced 115 merger and acquisition, which one of the highest in recent times. This rise in consolidation of hospitals will lead to rise in adoption of EMR systems and services and boost the market of EMR in hospitals.
#This Reports Includes Segmental analysis, Regional analysis, Research Methodology, Competitive Landscape, Learn how to build the strategy and business case to implement Order Here @ https://www.marketindustryreports.com/checkout/11
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Contact Us-
502, Sai Radhe, Kennedy Road,
Behind Hotel Sheraton Grand,
Near Pune Station, Pune 411 001
Email: sales@marketindustryreports.com
Phone: +1 347 767 5477 ( US ) + 91 8956 767 535 ( IN )
Website: https://www.marketindustryreports.com/categor...lthcare-it
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