EHR market surpasses $20 billion

Tools

The electronic health record vendor market has been "robust," hitting $20 billion in 2012, a 15 percent increase from $17.9 billion in 2011, according to a recently published report from Kalorama Information. EHR vendors should continue to see healthy sales over the next two years as providers adopt EHRs and work to attain Meaningful Use of their systems to avoid penalties, which are slated to kick in starting in 2015.

The report notes that data storage and security breaches are a high priority for providers. It also predicts that hospital EHR adoption will supersede physician adoption, and that many current owners will upgrade. Announcement