The healthcare information technology (HIT) market was in a growth trend prior to the recent recession. While economic times have tightened budgets some, there is still opportunities for companies in this market. In this report, It takes a comprehensive look at the demand for IT products in the healthcare market - with a focus on computer systems for hospitals, nursing homes, physician offices and other healthcare entities. It has interviewed experts in the HIT industry and presents the latest findings on where the industry is headed. There is tremendous excitement in HIT given the commitment to healthcare investment among healthcare entities and some of the Obama Administration incentive programs; but there is also increased competition. Included in the report is the following:

• Current Market Size and Forecast for:

  • Hospital Computer System Market

  • Nursing Home Computer System Market

  • Other Healthcare Entity Computer System Market

• Market Breakdown by

  • System Revenue (Hardware & Software)

  • Support Revenue

  • Extra Service Revnue

• System Market Breakdown: Hardware and Software

• Profile of Companies

• Key Products in the Market

• HIMSS Status of IT Buying in 2009

• Most Sought Benefits for IT Purchases

• Impact of EMR incentives

The healthcare industry includes establishments ranging from small private practices of physicians with only one medical assistant to large city hospitals that employ thousands of professionals.

Vendors are a vital part of shaping this industry. Having the competitive intelligence is just one part of advancing this industry. Participants need to be ever vigilant of the economic pulse and the government’s role in healthcare to properly meet the challenges facing the industry today and in the future.

Included in the report are statistics influencing the industry, demographics; life expectancy, and company strategies. Information is presented as a global market, with a emphasis on the U.S. market. A market summary includes a total market analysis. Also included is a competitive analysis of leading healthcare IT system providers.

The information for this report was gathered using both primary and secondary research including comprehensive research of secondary sources such as company literature, databases, investment reports, and medical and business journals. Telephone interviews and email correspondence were the primary method of gathering information. For the purpose of this study, Conducted interviews with more than 10 key industry officials, consultants, health care providers, and government personnel. These sources were the primary basis in gathering information specifically relating to revenue and market share data presented in this report. Additional interviews were completed with relevant company representatives including marketing directors, division managers, and product representatives.

CHAPTER ONE: EXECUTIVE SUMMARY

Industry at a Glance

Scope and Methodology

Size and Growth of the Market

Key Issues and Trends Affecting the Market

Leading Market Participants

 

CHAPTER TWO: INDUSTRY OVERVIEW

Overview of Healthcare Computer Systems

Industry Terminology

Industry Structure

Hospitals

U.S. Hospital Chains

Consolidation in the Industry

Technology Adoption in Hospitals

Physicians

Number of Physicians

Technology Adoption by Physicians

Nursing Homes

Technology Adoption by Nursing Homes

Pharmacies

Technology Adoption by Pharmacies

Medical and Diagnostic Laboratories

Technology Adoption by Laboratories

 

The Healthcare Industry

European Union and Asia-Pacific Markets

The US Market

The Value Chain of the Healthcare Industry

Components of Healthcare Information Systems

Organization

Administrative System Components

Laboratory System Components

Radiology System Components

Pharmacy System Components

Computerized Physician Order Entry

Clinical Documentation

Flow of Patient Data across Various Components

Hardware Examples

Distribution

Regulatory Bodies and Societies

United States Department of Health and Human Services

Health Insurance Portability and Accountability Act (HIPAA)

Health Level Seven

Federal Communication Commission

Wireless Telecommunications Bureau

Healthcare Information and Management Systems Society

Health Industry Business Communications Council

The Joint Commission

Nationwide Health Information Network (NHIN)

Health Information Exchange (HIE)

Industry Initiatives

Need for Regulation in Changing Environments

Demographic Trends

US Demographics

Population Over Age 65

World Demographics

CHAPTER THREE: LEADING MARKET PARTICIPANTS

Overview

Cerner Corporation

Company Overview

Performance Review

Key Acquisitions, Alliances, and Partnerships

Products and Services

Key Competitors

Key Executives

Growth Strategy

New Development

Locations

Cisco Systems, Inc

Company Overview

Performance Review

Key Acquisitions, Alliances, and Partnerships

Products and Services

Key Competitors

Key Executives

Growth Strategy

New Development

Locations

Computer Programs and Systems, Inc

Company Overview

Performance Review

Products and Services

Key Competitors

Key Executives

Growth Strategy

New Development

Locations

Eclipsys Corporation