More Indication of Growth in the EHR Marketplace

Last Monday I posted that there was opportunity for a piece of the growing EHR marketplace with 4,000 companies jumping to start the registration process. Another sign of growth has been reported today by HealthData Management. According to a recent posting, "U.S. market for inpatient and outpatient electronic health records software was nearly $1.98 billion in 2009 and will steadily increase to $3.8 billion in 2015" as found in a new report by the research firm IDC Health Insights, Framingham, Mass.

These numbers can be further broken down in Ambulatory and Inpatient EHR electronic records software spending. Ambulatory EHR Spending by all types of providers totaled $633.5 million in 2009, rising in 2015 to $1.41 billion. Inpatient EHR Spending was $1.34 billion in 2009, rising in 2015 to about $2.4 billion.

With all this money being spent and more to come, it's not too late to get your software on the certification track with trusted drug data. Don't wait until the end of your development process to worry about: dose range checking, pediatric dosing, drug calculators, medicine interactions, dosage precautions, clinical guidelines, drug interaction software, duplicate therapy, drug classifications, generic drug names, drug nomenclature and more. These are critical paths for an EMR build. But it's not just about the information. It's about who you select as your partner and who have seamless APIs which makes your job easier.

You owe it to your product and your customer to make the right choice.