Medical Imaging Blog

EMR

Hospital IT Budgets Are Rebounding

Medical Imaging

According to HIMSS Analytics, hospital IT budgets may get back to pre-recession levels sooner rather than later.

The report, which is good news for healthcare IT companies like McKesson, is based on first quarter reports of over 5200 hospitals. The two key details:

  • The adoption of EMRs and EMR-related applications increased from 2009 to 2010,  No doubt because of the drive to meet “meaningful use” criteria. According to John P. Hoyt, executive vice president of organizational services at HIMSS, “The number of hospitals reaching Stage 6 of the HIMSS Analytics EMR Adoption Model doubled last year.”
Continue Reading: Hospital IT Budgets Are Rebounding

PACS Growth: Not “If,” but “How Much?”

Growth of PACS

 

McKesson and other manufacturers of picture archiving and communication systems (PACS) have a lot to look forward to. Consider the following:

 

  • According to a study by healthcare research firm Kalorama Information, the U.S. PACS market could hit $1.46 billion this year.
  • The same report forecasts double-digit growth for the PACS market through 2015, which means that in three years, hospitals and other healthcare institutions could be spending upward of $2 billion each year to add, replace, or upgrade a PACS.
Continue Reading: PACS Growth: Not “If,” but “How Much?”

Report: Hospitals Not Meeting Electronic Medical Record Stimulus Requirements

A new report from the Healthcare Information and Management Systems Society’s (HIMSS) has found that hospitals will face significant challenges in order to comply with health IT requirements of the federal economic stimulus package.

HIMSS compared the requirements of the Health Information Technology for Economic and Clinical Health Act (HITECH) stimulus against its 7-stage Electronic Medical Record (EMR) Adoption Model (see image below).

The majority of HITECH requirements fall under the most difficult Electronic Medical Record categories – categories that very few hospitals currently meet, a recent article from Government Health IT points out:

Continue Reading: Report: Hospitals Not Meeting Electronic Medical Record Stimulus Requirements

PACS Adoption to Experience Significant Growth by 2015

Just what will the Picture Archiving and Communication Systems (PACS) market look like in five years?

A recent GlobalData report sheds light on the future growth and adoption of Picture Archiving and Communication Systems (PACS). “US Picture Arching and Communication Systems (PACS) Market: Increasing Adoption to Drive Growth,” found that the market will:

  • Grow by 13% annually for the next seven years
  • Reach $2.5 billion in 2015, up from $1 billion in 2008

The report also found that PACS adoption will be driven by:

1. Small and mid-sized hospitals looking to cut costs and increase efficiency.

Continue Reading: PACS Adoption to Experience Significant Growth by 2015