Report: Big Changes Soon to HIE Market
The health information exchange market will dramatically change during the next two years as providers seek electronic health records systems that support data exchange to qualify for meaningful use incentives, according to a new report from research firm IDC Health Insights.
Enterprise HIEs serving delivery systems will be the fastest-growing segment of HIE networks, the Framingham, Mass.-based firm believes. "Unlike regional health information organizations and statewide or national HIEs, Enterprise HIEs can establish a sustainable business model and are not as encumbered by organizational and data governance issues."
The report evaluates 14 HIE vendors: Axolotl, Browersoft/Open HRE, Carefx, dbMotion, eClinicalWorks, InterSystems, MEDecision, Medicity, MEDSEEK, Microsoft, Oracle, Orion Health, PatientKeeper and RelayHealth.
Lynne Dunbrack, report author and program director at IDC Health Insights, expects HIE technologies to become a commodity within 12-18 months, and "dominant" players will acquire their way "into a crowded market currently made up of many small, privately held vendors."
The report, "Vendor Assessment: Industry Short List for Health Information Exchange Technologies," (Document # HI222529), is available for purchase at a cost of $4,500. For more information, click here.