HIT Consultant July 5, 2019
The global healthcare cloud computing market was recently valued at approximately $18 billion and is expected to generate around $61 billion USD by 2025, at a CAGR of around 18.7% between 2019 and 2025. Key factors driving this growth are the adoption of IoT, wearable devices, and big data analytics.
Software as a Service (SaaS) is a service model in cloud computing whereby the vendor provides a complete package of software applications over the Internet to their customers, who subscribe for this ‘service.’ In healthcare, Software as a Service (SaaS) applications include clinical information systems (PACS, EHR, telehealth, etc.) and nonclinical information systems (billing, RCM, supply chain, etc.) replaces traditional software usage by reducing the need to own and host...
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