Tag Archives: GE

Impact of Standards on Vendor Consolidation

A new report from KLAS, a market research firm that measures vendor performance based on feedback from the user community, shows while the market for hospital EHR systems nearly doubled in 2009, only two vendors, Epic and Cerner, appeared to benefit from this market growth.   According to an article summarizing major findings from the KLAS report, hospitals “want a vendor that can be a consistent and reliable partner in their efforts to reach meaningful use”.   Jason Hess, author of the KLAS report, suggests that “Changes in the CIS (clinical information system the marketplace as a result of ARRA seem to have blindsided some vendors and left them struggling to stay afloat in the hospital market”.

While the US has chosen to let the market decide the vendors with whom they prefer to work,  the introduction of “meaningful use” regulations is nonetheless having an impact on the US market.  Vendors such as Eclipsys, GE, McKesson, and Quadramed lost more hospitals than they gained, according to KLAS and are “struggling to regain lost ground”.   While Siemens and MEDITECH did not lose ground in the same as some other vendors, their growth was much more limited than either EPIC or Cerner.

Mike

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Another Sign That the Consumer eHealth Market is Heating Up

GE Healthcare, a major player in the medical imaging and clinical information systems market, recently announced a partnership with Intel to develop home healthcare products.    (see http://www.bloomberg.com/apps/news?pid=20601103&sid=aCbAm07nbwHs&refer=us for details).  According to the Bloomberg article, “the home health-care market is forecast to outpace growth in the hopital buisness” and cited slow growth in the U.S. imaging equipment market as one reason for GE’s move.

GE’s decision to partner with Intel comes on the heels of IBM’s announcement that is working with Google Health to explore how to get data from home monitoring equipment into Google Health.   Clearly, with this much investment by large players, there is growth in the home healthcare and related Consumer eHealth markets.  As the growth in the more traditional hospital markets slows, major players will turn their attention to growth markets such as EMRs (on the order of 80% of North American physicians don’t have an EMR in their office) and consumer eHealth.

Mike