The global Electronic Health Records market is estimated to attain a valuation of US$ 50.3 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5% during the forecast period, 2022-2031. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Electronic Health Records industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in a simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.
The report by TMR is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the Electronic Health Records market need to focus on identifying competition and formulating their marketing strategies for both consumer and industrial markets. The report leverages a wide spectrum of research methods including surveys, interviews, and social media listening to analyze consumer behaviors in its entirety. Electronic Health Records Market: Industry Trends and Value Chain The study on the Electronic Health Records market presents a granular assessment of the macroeconomic and microeconomic factors that have shaped the industry dynamics. An in-depth focus on the industry value chain helps companies find out effective and pertinent trends that define customer value creation in the market. The analysis presents a data-driven and industry-validated framework for understanding the role of government regulations and financial and monetary policies. The analysts offer a deep dive into how these factors will shape the value delivery network for companies and firms operating in the market. Electronic Health Records Market: Branding Strategies and Competitive Strategies Some of the key questions scrutinized in the study are: • What are some of the recent brand-building activities of key players undertaken to create customer value in the Electronic Health Records market? • Which companies are expanding the litany of products with the aim to diversify their product portfolio? • Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Electronic Health Records market? • Which companies have expanded their horizons by engaging in long-term societal considerations? • Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient? • What are the marketing programs for some of the recent product launches? The list of key players operating in the Electronic Health Records market includes the following names: Archetype Innovations, LLC Allscripts Healthcare Solutions, Inc. Cerner Ambulatory (Oracle) CPSI CureMD Healthcare eClinicalWorks Epic Systems Corporation GE Healthcare Greenway Health, LLC Medical Information Technology, Inc. Praxis EMR (Infor-Med, Inc.) NXGN Management, LLC AdvancedMD, Inc. athenahealth, Inc.
Allscripts EMR Software
Allscripts EMR Software has existed for over 30 years. It is used in four countries: Australia, Canada, the United Kingdom, and Canada. Over 7000 employees serve 333,188 doctors and 2,340 hospitals. Allscripts FollowMyHealth is a patient engagement portal that serves more than 16 million people. Allscripts Revenue Cycle Management solutions and services are compatible with the software, which is ONC-ATCB approved.
Allscripts Healthcare solutions have evolved from being a core electronic prescribing organization to becoming a forward-looking Electronic Health Records, Financial Management, Precision Medicine, and Population Health Management (Allscripts CareInMotion), solutions provider. It is possible for large hospitals and practices to integrate the platform with other top practice management systems due to its open-source nature.
The software has two distinct EHR platforms, one for each practice size and the complexity of practice workflows. Both platforms have customizable templates for many medical specialties, intuitive daily planners, and patient portals. They also include voice recognition, E/M code, charting, mobile apps, and voice recognition. Allscripts acquired Mckesson Hospital IT system and Practice Fusion over the past few years.
CPSI EMR Software
CPSI EMR Software, a suite of cloud-based products that includes billing, electronic health records (EHR), radiology information system application applications, and radiology, is designed for community hospitals and acute care centers of all sizes. The primary features include patient portals, specialty-specific templates, SQL-compliant databases, procedural workflow modules, and lab integration. Physical therapy and cardiopulmonary apps are also included. These features are essential for practices to ensure financial and clinical information accuracy. Automated tasks like report processing and claim shrubbery can be automated by users.
The platform's latest version is certified for Meaningful Use Stages 1, 2, and ONC ATCB. CPSI's open system architecture and sophisticated design offer flexibility, while also incorporating the most recent advancements. The EHR system has three modules that manage point-of-care medication management: medication reconciliation, medication verification, and electronic prescribing. Vendors ensure that EMR software is easily and efficiently integrated into hospital systems to automate their day-to-day tasks. It allows physicians to improve patient safety and health.
CPSI includes advanced payment options, such as lab information systems and blood inventory modules. These functions allow users to manage quality control, medication reconciliation, blood inventory, and appointment scheduling. The system also provides support and training for ambulatory and acute care medical practices in rural areas.
CureMD EMR Software
CureMD EMR (Electronic Medical Record) software is a cloud-based solution designed for healthcare providers. The software helps to streamline patient care, reduce administrative workload, and improve overall practice efficiency. With CureMD EMR, healthcare providers can easily access patient information, securely store and share medical records, and automate manual processes, such as scheduling appointments, billing, and prescription writing.
One of the key features of CureMD EMR is its customizable dashboard that provides real-time data on patients, appointments, and billing information. This dashboard allows healthcare providers to quickly access the information they need to make informed decisions, saving time and improving patient care. The software also integrates with numerous third-party applications and devices, allowing healthcare providers to easily connect and share data with other healthcare providers, laboratories, and pharmacies.
CureMD EMR is designed with user-friendliness in mind, making it easy for healthcare providers to adopt and use the software in their practice. The software’s intuitive interface, streamlined workflows, and automated processes simplify many of the tasks that healthcare providers face, freeing up time for patient care. Additionally, CureMD EMR is highly secure, with strict security protocols and regular software updates to ensure that patient data is always protected.
Another benefit of CureMD EMR is its flexibility and scalability. The software can be used by small solo practices, as well as large multi-specialty clinics, and can be easily configured to meet the unique needs of each healthcare provider. Whether a practice is looking to automate manual processes, integrate with existing systems, or improve patient engagement, CureMD EMR provides a range of customizable options to meet their needs.
Praxis EMR Software
Praxis EMR Software uses AI to monitor how you use the software. This data is used to speed up the process and adapt itself to fit your practice's needs and habits. This solution doesn't provide templates, but each practice can create its own templates according to its specific requirements.
The Scanaway module, which is integrated into the Praxis electronic medical records system, will allow you to archive all of your documents digitally. PraxCoder makes it possible for a practice to operate legally. There are no chances of up-coding or chart copying.
Through the DataMiner function, the software allows for research in any area of population health. You can request information, and you can help in health maintenance, trials, and studies. Praxis EMR Software also has an AI messenger function that allows doctors and staff to quickly chart and remind their staff. Agents can be found in patients' notes and work automatically to access and store patient information and medical data after each patient encounter.
The patient portal is user-friendly and allows for easy management of patient education, communication, intakes, and communication. The main features include lab integration and e-prescribing. ONC-ATCB certified. Praxis EMR Software is suitable for small and medium-sized practices in multiple specialties such as internal medicine, family practice, and urology. It also supports pain management, integrated medicine, and endocrinology.
AdvancedMD EMR Software
AdvancedMD EMR (Electronic Medical Record) software is a comprehensive and user-friendly solution for medical practices and healthcare organizations. This software provides a centralized platform to manage patient data, streamline workflows, and improve patient care.
One of the key features of AdvancedMD EMR is its customizable templates and forms, which enable healthcare providers to easily document patient visits and medical history. The software also integrates with various medical devices and lab systems, allowing for seamless data transfer and reducing the risk of errors.
AdvancedMD EMR offers robust scheduling and appointment management tools, including appointment reminders, real-time availability updates, and appointment tracking. This helps practices improve patient satisfaction and reduce no-shows.
The software also includes advanced reporting and analytics capabilities, allowing healthcare organizations to track key metrics such as patient volume, appointment scheduling, and billing efficiency. This helps practices make informed decisions and improve their overall operations.
AdvancedMD EMR is designed to meet the needs of various healthcare specialties, including family medicine, pediatrics, orthopedics, and more. The software is also fully compliant with industry regulations, including HIPAA, which ensures the security and privacy of patient data.
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