Healthcare IT News May 23, 2017
Analyst also advised hospitals to prepare now for rapid consolidation in the EHR and revenue cycle markets.
IDC predicted significant merger and acquisition activity on the electronic health record and revenue cycle management horizons, and soon.
“Consolidation of the EHR market continued to dramatically separate the top 2-3 EHR firms from the rest of the EHR software firms,” Sven Lohse, research manager for Healthcare IT Services Strategies at IDC’s Health Insights unit, wrote in an email. “Epic, Cerner, eClinicalWorks, and athenahealth grew strongly, while competitors languished or shrank.”
Epic, in fact, took the fifth slot on IDC’s HealthTech Rankings 2017 that the firm revealed on Monday.
Epic is part of IDC’s Top 50, which encompasses companies that generate more than...