Consolidation and other insights from the 2014 Meaningful Use EHR Market Share Report

EHR review site Software Advice recently published their 2014 Meaningful Use EHR Market Share Report (a SlideShare version is also available). They reported that in contrast to the buzz about this impending market consolidation, they found a trend toward fragmentation; in fact, the number of vendors in the health space with MU attestations actually grew 25% in the past year alone. The report was nice enough that I reached out to Melissa McCormack from Software Advice to see what further insights we could glean from the report. Melissa indicated that while there weren’t any big upsets in market leader ranking, the real surprise comes in the proliferation of new vendors. We both wondered aloud why are they entering a market when there seems to be an established order, with the constant speculation of looming consolidation? The data demonstrates that MU has been successful at driving lots of market entrants and lots of attestations. But once those MU dollars are out of the equation, where will that leave vendors? And will providers stick with their MU-certified solutions? Here are some other questions I posed to Melissa, along with her responses: What key lessons should an independent small physician practice take from the EHR Market Share Report? If Meaningful Use attestations could be considered as “votes” for a particular product or vendor, then we’re seeing the same vendors being voted into the top 10 for two years running. However, this is by no means proo...
Source: The Healthcare IT Guy - Category: Technology Consultants Authors: Tags: Uncategorized Source Type: blogs