Health IT Analytics January 4, 2017
Healthcare APIs are headed for a central role in EHR interoperability, but may also find a home within the Internet of Things, remote monitoring programs, and the healthcare revenue cycle.
Application programming interfaces (APIs) are quickly becoming a critical tool for healthcare organizations looking to build interoperable connections, and it is likely that this new standard for health data exchange will keep growing in importance during the next few years.
A new report from Market Research Engine (MRE) predicts healthy growth for the nascent healthcare API ecosystem, forecasting a 4 percent compound annual growth rate (CAGR) that will produce a $234 million market by 2024.
Open APIs such as FHIR, the Fast Healthcare Interoperability Resource developed by HL7, as well...