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NewswireTODAY - /newswire/ -
Cambridge, MA, United States, 2011/02/02 - Today, Chilmark Research, LLC, announces the release of its latest report: HIE Market Report: Analysis & Trends. Report provides detailed analysis and rankings of 21 leading HIE vendors and charts the future for this rapidly evolving market.
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In a market that has seen tremendous turmoil with two of the leading HIE vendors (Axolotl and Medicity) being acquired in the second half of 2010, this report provides the clearest, most current analysis of this rapidly evolving market and where it is headed over the next several years.
“Large macro-trends, including federal efforts to digitize the healthcare sector with a massive influx of government incentive funding and the move to bundled payment models will drive deeper, richer information sharing across the care continuum, ” says John Moore, lead author of the HIE Market Report. Moore continues: “Electronic Health Records (EHRs) are isolated solutions that cannot readily make the leap to meet these future information sharing requirements but HIE solutions can, which is driving high interest, adoption and growth in the market.” Moore concludes: “This has also attracted the interest of many large companies who, via acquisition, entered the market in 2010 including insurers Aetna and United Health Group as well as IBM and Lawson Software.” In its report, Chilmark Research (chilmarkresearch.com) forecasts more acquisitions in 2011 and 2012 as the HIE market rapidly consolidates around a few large vendors with the resources to invest in scaling HIE functionality and provide services throughout the country.
In addition to detailed profiles of 21 leading HIE vendors, including rankings on solution capabilities and market presence, the report brings clarity by providing a clear classification schema for HIE solutions. The report’s HIE Maturity Model will also will assist those in developing their strategic plans.
The report is the culmination of an extensive six-month research study of the market that included in-depth interviews with not only leading HIE vendors, but executives at healthcare organizations, federal and State institutions, clinicians and consultants. Information contained in this report will prove crucial for vendors, healthcare executives, and investors, as well as any party wishing to understand the HIE market more fully to inform internal, strategic business decisions.
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