Kalorama: EHRs a $17.9B Market in 2011

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Sales of electronic health records systems hit $17.9 billion in 2011, a 14.2 percent increase over the previous year, according to an annual study from Kalorama Information, a New York-based research firm.

The market share figure includes all revenue related to EHRs including software, consulting, training and service fees. Physicians and hospitals have increased acceptance of the technology and that is reflected in growth in EHR budgets, according to the firm.

While the federal EHR meaningful use incentives are important, the market growth is not tied just to that program, says Bruce Carlson, publisher of Kalorama Information. Also important to providers is having the health records available when clinicians are in front of patients.

The report is available here for purchase, the cost is $3,500.

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