ELECTRONIC MEDICAL RECORDS MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Another major driver has been the government policies and incentive programs encouraging nationwide adoption of electronic medical records. In many countries, governments have launched ambitious national eHealth programs where use of digital health records is being promoted across public as well as private healthcare facilities. This is helping in development of interoperable record systems supporting data exchange between different organizations. Some governments are even providing financial incentives to healthcare providers installing certified electronic medical records solutions. For example, in the U.S., the HITECH Act authorized the Centers for Medicare & Medical Services (CMS) EHR Incentive Programs which provided billions of dollars in incentives for hospitals and physicians adopting digital health records.