Healthcare IT

Healthcare Information technology, or simply put Healthcare IT (HIT) is the field of IT involving the design, development, creation, use and maintenance of information systems for the healthcare industry. It emerged as a promising development in ensuring effective healthcare and patient safety by transforming the paper based healthcare system into computerized healthcare system. Rise in aging population increases the chances of chronic disorders such as cardiovascular, cancer, neurological disorders etc and people are spending more and more on healthcare.

The advancements in technology helped in creating mobile applications that aids you in personally diagnosing and treating the ailment. Personal healthcare hardware like wearable medical devices are an emerging trend in the market. The recent developments in cloud computing are also giving a surge to the market as interoperability became a key factor. Often organizations need to share lot of confidential patient data across locations in a fast and secure way due to growing demand to integrate healthcare systems and cloud based solutions helps in doing so. Increasing percentage of CPOE adoption in order to minimize medication errors is an example.

High rate of return on investment while using healthcare IT systems, flexible government regulations and healthcare initiatives such as e-health, health connect, pay-for-performance (P4P) program are the major drivers that are propelling this market. Commonly used Healthcare IT services include electronic health records (EHR), computerized physician order entry (CPOE), picture archiving and communication systems (PACS), electronic prescribing and more. The nonclinical information system includes application such as automatic patient billing, claim management, revenue cycle management, etc. whereas the customer Healthcare IT services include pharmacy audit and analysis, fraud detection, prescription, personal medication to name a few.

Market Data Forecast reports and newsletters tracks the progress of software/hardware/services in the industry and provide insights about Integrated products with applications in clinical trial management, healthcare delivery, medical diagnostics, healthcare administration, healthcare payers, Pharmaceutical Industry. We tirelessly reconnoiter emerging opportunities for the stakeholders and help them to be the best informed in the field.

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