EHR Intelligence February 4, 2015
New Frost & Sullivan research forecasts changes in hospital IT investments as healthcare organizations make significant investments in business and administrative information systems, ushering in a post-EHR era. According to the author of the research, the shift in the hospital EHR market reflects transformations in healthcare consolidation and reimbursement.
“Hospitals understand they must establish new business models in order to survive under a dramatically transformed provider landscape,” Frost & Sullivan Connected Health Principal Analyst Nancy Fabozzi said in a public statement.
“Most impactful will be cuts in Medicare reimbursement required by theAffordable Care Act as well as the shift to value-based reimbursement by commercial payers,” she continued. “Additional concerns are the growing competitive pressures from retail pharmacy clinics and third-party...