News | March 05, 2015

New Report Reveals U.S. Hospital Purchase Plans for 2015

Billions projected to be spent on ICD-10 migration, population health management software

business, hospitals, spending, information technology, ICD-10, population health

March 5, 2015 — A new, online report predicts where American hospitals will spend billions on healthcare technology in 2015, centering on ICD-10 migration and population health management solutions.

The report from market research platform company peer60 received feedback from decision-makers at 25 percent of American hospitals. The research found nearly 60 percent of hospitals will address ICD-10 migration in 2015 while more than half of hospitals will purchase population health management solutions.

“Spurred on by new regulation and increasing competition, healthcare technology is advancing rapidly,” peer60 CEO Jeremy Bikman said. “This report shows exactly where billions are going to be spent by American hospitals in 2015 to comply with government mandates and to better compete in this rapidly changing marketplace.”

The report was compiled based on a survey of nearly 1,000 hospital decision-makers representing purchase decisions for more than 1,400 American hospitals. More than 80 percent of respondents are hospital C-level executives with the remainder being other decision-makers.

Participants listed the following solution areas they intend to purchase in 2015: electronic health records (EHR), data analytics, ICD-10 migration, patient engagement, population health management, revenue cycle management and data security.

Respondents described which vendors they are considering for any solution they intend to purchase. This allowed peer60 to project existing market share and mindshare for 2015 purchases. A significant number of vendors are detailed in this report including McKesson, Allscripts, Epic, Cerner, Meditech, The Advisory Board Company, Athena Health, Caradigm, Health Catalyst, Medhost and Cisco, among many others.

For more information: www.peer60.com

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