Health IT spending increase forecast for U.S. EHR

AuntMinnie.com staff writers
Jul 19, 2006

According to a report published by healthcare research and advisory firm Health Industry Insights, the total information technology (IT) spending for the electronic health record (EHR) market in the U.S. will increase to $4.8 billion by 2015.

The Framingham, MA-based company believes that payors will invest earlier in EHRs compared with providers because they currently have more digitized health information than other stakeholders.

The study reports a compounded annual growth rate (CAGR) of 15.8% in the EHR market over the next 10 years, with current spending in that market estimated at $1.1 billion in 2005.

By AuntMinnie.com staff writers
July 20, 2006

Related Reading

Report: Mobile HIT spending to rise, May 19, 2006

Copyright © 2006 AuntMinnie.com

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