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46% of U.S. Physician Groups plan to join a Health Information Exchange (HIE)

Burlington, VT – HIMSS Analytics continues the series of strategic industry reports previously published by CapSite with the release of the 5th Annual U.S. Ambulatory Electronic Health Record (EHR) & Practice Management (PM) Study.  The study represents unique Voice of Customer (VOC) insight from more than 800 physician groups on market adoption, market share, market opportunity and vendor mind share across the U.S. physician market.  Additionally, it incorporates information from the HIMSS Analytics® Database for a comprehensive snapshot of the Ambulatory EHR and PM marketplace.

“The year-over-year analysis that we provide allows for an in-depth understanding of industry trends,” said Brendan FitzGerald, HIMSS Analytics Research Director. “While both the tethered and non-tethered Ambulatory EHR markets show signs of maturing, there is continued opportunity with 35% of respondents planning to purchase, replace, or upgrade an Ambulatory EHR solution.”

The study includes Voice of Customer (VOC) insight on physician group:

  • Status on receiving incentive funding for Stage 1 of Meaningful Use (MU)
  • Plans for purchasing or upgrading Ambulatory EHR & PM solutions
  • Primary drivers behind decisions to replace current Ambulatory EHR & PM solutions
  • Plans for joining a Health Information Exchange (HIE)

Vendor Market and Mind Share coverage includes:

Acumen, ADP AdvancedMD, Allscripts, Amazing Charts, Aprima, athenahealth, BioMedix, Cerner, CPSI, eClinicalWorks, e-MDs, Epic, GE Healthcare, Greenway, Healthland, HMS, McKesson, Meditech, MedNet, MedPlus, MED3000, NextGen, OptumInsight, Practice Fusion, Siemens, Vitera

About HIMSS Analytics
HIMSS Analytics is a wholly-owned, not-for-profit subsidiary of the Healthcare Information and Management Systems Society (HIMSS). The company acquired CapSite in October 2012 and offers a portfolio of healthcare information technology market intelligence products and services, including detailed analytics tools, market research, and customized consulting. Visit www.himssanalytics.org or www.capsite.com for more information.

June 12, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Annual HIMSS Analytics Health IT Trend Report moves toward Quarterly Releases

CHICAGO (February 26, 2013) – In an attempt to keep industry leaders abreast of the latest developments within the ever changing health information technology (HIT) landscape, HIMSS Analytics announced today that the annual Essentials of the US Hospital IT Market report – 8th Edition, will now be released on a quarterly basis. Based on data reported in the HIMSS Analytics Database, the revamped quarterly reports will focus on select sectors of the HIT industry on a rotating basis. In addition to the revised release schedule, the information and analysis on each application profiled in the reports will be much “deeper” than previous annual editions. The new Essentials Reports now includes:

  • multi-year market penetration profiles
  • five year projections on the number of first time and replacement buyers
  • valuable insights into first-time buyer and replacement purchase market opportunities
  • current year and historical win/loss tables for each application.

“After listening to many vendors, HIT consultants and Wall Street analysts, we revised this 8th edition of the Essentials report to not only provide the data they were asking for, but to compliment the varied resources offered by HIMSS Analytics and our newly acquired company, CapSite.  We truly consider these reports “essential” to those selling to, operating within or monitoring the HIT marketplace,” says Lorren Pettit, MS, MBA, Vice President, Market Research, HIMSS Analytics.

The report is available in its entirety, by financial or American Recovery and Reinvestment Act (ARRA) clinical volumes. Clinical Volume 1, now available, offersinformation on all applicable applications used in the HIMSS Analytics EMR Adoption ModelSM.

To learn more about Essentials of the US Hospital IT Market – 8th Edition, contact Amy Bergau at amy.bergau@himssanalytics.org.

About HIMSS Analytics
HIMSS Analytics is a wholly owned not-for-profit subsidiary of HIMSS. The company collects and analyzes healthcare data related to IT processes and environments, products, IS department composition and costs, IS department management metrics, healthcare trends and purchase-related decisions. HIMSS Analytics delivers high-quality data and analytical expertise to healthcare delivery organizations, health IT companies, state governments, financial companies, pharmaceutical companies, and consulting firms.

February 26, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

31% of U.S. Hospitals Plan to Invest in Patient Flow Solutions

CapSite announces the release of the 2012 U.S. Patient Flow Study. Our findings indicate an active market with close to a third of participants planning to invest in patient flow solutions.  Highlights include:

  • 31% of U.S. Hospitals Plan to Invest in Patient Flow Solutions
  • Voice of Customer (VOC) insight from more than 420 hospitals
  • Vendor market share
  • Most important product attributes
  • Vendor mind share

November 13, 2012 Burlington, VT – CapSite™ announces the release of the 2012 U.S. Patient Flow Study.  The study represents unique Voice of Customer (VOC) insight from more than 420 hospitals on market adoption, market share, market opportunity and vendor mind share across the U.S. hospital market.

The 2012 Patient Flow study is the most recent in a series of CapSite strategic industry reports focused on assessing the impact of the HITECH Act of 2009.

“Efficiency improvements are by far the most significant driver for provider organization investments in patient flow solutions.  More specifically, healthcare providers are focused on improving bed turnaround times and reducing patient wait times.” says CapSite Research Director, Brendan FitzGerald.

The study includes additional Voice of Customer (VOC) insight on healthcare provider:

  • Historical patient flow solutions purchasing activity
    – New vs upgrade vs replacement
  • Drivers behind decisions to replace current patient flow solutions
  • Patient flow investment decision breakdown
    – Best of breed vs part of recent HIS / EHR investment
  • Ranking of most important patient flow solution product attributes, functionality and modules

Vendor Market and Mind Share coverage includes:
Aionex, Allscripts, Bedwatch, CareLogistics, Cerner, CPSI, Epic, GE, Healthland, McKesson, Meditech, MEDHOST, NextGen, Patient Focus Systems, PICIS/OptumInsight, Premise, Protouch, QuadraMed, Responder 5, Siemens, T-System, TeleTracking, Versus

About CapSite™

The CapSite database provides unique transparency on Healthcare Technology pricing and packaging.

CapSite is a healthcare technology research and advisory firm.  Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions.  The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases.  The CapSite database represents more than 160 healthcare technology categories and 1,600 vendors.

CapSite is a division of HIMSS.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite.

To obtain a complimentary copy of the report Table of Contents, visit our Published Strategic Indsutry Reports page.

November 17, 2012 I Written By

CapSite 2012 Ambulatory EHR and PM Study Released

CapSite released their 2012 U.S. Ambulatory Electronic Health Record (EHR) & Practice Management (PM) Study.  Highlights include:

  • 43% of U.S. Physician Groups Plan to Join a Health Information Exchange (HIE)
  • Strategies Around Accountable Care
  • Primary Drivers Behind EHR Purchasing Decisions
  • Considered Vendors for Practice Management (PM) Solutions

Burlington, VT, September 28, 2012 – CapSite™ announces the release of their 4th Annual U.S. Ambulatory Electronic Health Record (EHR) & Practice Management (PM) Study.  The study represents unique Voice of Customer (VOC) insight from more than 950 physician groups on the market adoption, market share, market opportunity and vendor mind share across the U.S. physician market.

The 2012 Ambulatory EHR & PM study is the most recent in a series of CapSite strategic industry reports focused on assessing the impact of the HITECH Act of 2009.

This is our fourth in-depth assessment of the Ambulatory EHR marketplace, and we continue to see significant progress in the adoption of Ambulatory EHR solutions across all segments of the market.       

Additionally, we found physician groups are making headway in attesting to EHR  Meaningful Use for Stage 1 and beginning to formulate strategies for transitioning to new accountable care reimbursement models.” says CapSite Sr. VP and GM, Gino Johnson.

The study includes Voice of Customer (VOC) insight on physician group:

  • Progress on attesting to Stage 1 of Meaningful Use (MU)
  • Status on receiving incentive funding for Stage 1 of Meaningful Use (MU)
  • Plans for purchasing or upgrading Ambulatory EHR & PM solutions
  • Primary drivers behind decisions to replace current Ambulatory EHR & PM solutions
  • Strategies for transitioning to accountable care reimbursement models

Vendor Market and Mind Share coverage includes:

Acumen, ADP AdvancedMD, Allscripts, Amazing Charts, Aprima, athenahealth, BioMedix, Cerner, CPSI, eClinicalWorks, e-MDs, Epic, GE Healthcare, Greenway, Healthland, HMS, McKesson, Meditech, MedNet, MedPlus, MED3000, NextGen, OptumInsight, Practice Fusion, Siemens, Vitera

About CapSite™

The CapSite database provides unique transparency on healthcare technology pricing and packaging.

CapSite is a healthcare technology research and advisory firm.  Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions.  The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases.  The CapSite database represents more than 150 healthcare technology categories and 1,500 vendors.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

October 23, 2012 I Written By

19% of U.S. Hospitals Plan to Replace Their Laboratory Information System (LIS)

This week CapSite published their 2012 Laboratory IS Study. Close to 300 U.S. hospitals shared their plans around LIS investment, including primary drivers behind the decision-making process.

Highlights include:

  • 19% of U.S. Hospitals Plan to Replace their LIS
  • 47% of U.S. Hospitals List Efficiency Improvements as the Primary Driver for Investing in an LIS

Burlington, VT, July 3, 2012 – CapSite™ announces the release of the 2012 U.S. Laboratory Information System (LIS) Study.  The 2012 LIS study is the most recent in a series of CapSite strategic industry reports that have evaluated the impact of the HITECH Act focus on stimulating the adoption of Electronic Health Record (EHR) and Health Information Exchange (HIE) solutions.

The 2012 LIS study represents unique Voice of Customer (VOC) insight from more than 290 hospitals on the market opportunity, vendor mind share and vendor market share across the U.S.

“Our study indicates that efficiency improvements are by far the primary driver behind hospitals decision to replace their current LIS.   Additionally, we found that the most important LIS product attribute that hospital buyers are looking for in a new LIS, is integration with their current EHR.” says CapSite Sr. VP and GM, Gino Johnson.

Vendor Market Share and Mind Share coverage includes:

Abbott, Allscripts, Beckman Coulter, Cerner, CPSI, Epic, Fisher Healthcare, GE, Healthland, HMS, McKesson, Meditech, Orchard Software, Roche, SCC Softlab, Siemens, Sunquest and Sysmex

About CapSite

The CapSite database provides unique transparency on Healthcare Technology pricing and packaging.

CapSite is a healthcare technology research and advisory firm.  Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions.  The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases.  The CapSite database represents more than 150 healthcare technology categories and 1,500 vendors.

July 16, 2012 I Written By

21% of U.S. Hospitals Plan to Replace Their Core Revenue Cycle Management (RCM) Solution

CapSite recently published their 2012 Revenue Cycle Management (RCM) Study. With almost 400 participants representing over 360 US hospitals the results represent a statistically significant sampling, and I think you will find the results quite telling:

  • 21% of U.S. Hospitals Plan to Replace Their Core RCM Solution Within the Next 24 Months
  • 53% Expect to Upgrade Their Current Core RCM Solution to Address Healthcare Financial Regulatory Changes

Burlington, VT, June 29, 2012– CapSite™ announces the release of the 2012 U.S. Revenue Cycle Management (RCM) Study. The study is the most recent in a series of CapSite strategic industry reports focused on the RCM market. The study represents unique Voice of Customer (VOC) insight from more than 390 hospitals on the market opportunity and vendor market share across the U.S.

The objective of the 2012 RCM study was to assess how the HITECH Act focus on stimulating the adoption of Electronic Health Record (EHR) and Health Information Exchange (HIE) solutions combined with the delay in the ICD-10 compliance deadline is impacting the RCM market.

“Our study clearly shows an active RCM market over the next 24 months as more than 20% of U.S. hospitals will be replacing their core RCM solution while another half will be investing in upgrades of their current core RCM solution.

Additionally, we found that Patient Insurance Eligibility Verification and Coding solutions are at the top of hospitals bolt-on RCM solution shopping list.” says CapSite Sr. VP and GM, Gino Johnson.

The study includes visibility into U.S. hospitals:

  •     Overall IT strategic priorities for the next 24 months
  •     Most challenging RCM areas impacting their financial performance
  •     Top bolt-on RCM solutions they are planning to purchase
  •     Confidence levels in RCM and Clearinghouse vendors preparedness for ICD-10
  •     ICD-10 delay impact on RCM investment plans
  •     Meaningful Use (MU) impact on RCM investment plans

Vendor Market Share coverage includes:

Allscripts, Availity, Cerner, CPSI, DSG, Emdeon, Epic, Gateway EDI, GE, Healthland, HMS, McKesson, MedAssets, Meditech, Navicure, Nebo, NextGen, OptumInsight, Passport, Quadax, QuadraMed, RelayHealth, SCI, Siemens, SSI, Unibased, ZirMed

About CapSite

The CapSite database provides unique transparency on Healthcare Technology pricing and packaging.

CapSite is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 150 healthcare technology categories and 1,500 vendors.
CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

July 7, 2012 I Written By

Vermont Information Technology Leaders (VITL) Partnering with CapSite to Assist Healthcare Providers in Adopting EHRs

CapSite’s online, subscription-based service provides extraordinarily detailed transparency on healthcare technology pricing and packaging to support VITL’s efforts to facilitate the transition to and adoption of HIT at provider sites across the state of Vermont. CapSite enables providers to make informed decisions at the planning, budgeting and negotiating phases of their purchasing process.

CapSite spans over 150 different healthcare technology categories and 1,300 vendors in the areas of Imaging Equipment, Medical Devices, Professional Services and Healthcare IT (HIT).  The HIT categories include extensive coverage of Electronic Health Records (EHR) and Health Information Exchange (HIE) solutions which are of significant interest in light of the HITECH Act of the American Recovery and Reinvestment Act of 2009 (ARRA).

Burlington, VT, December 19, 2011 – CapSite™ announced today that Vermont Information Technology Leaders, Inc. (VITL), a non-profit organization assisting Vermont healthcare providers to adopt and use health information technology (HIT) to improve patient care, has subscribed to the CapSite service to assist Vermont physician practices in improving their processes for purchasing healthcare technology.

CapSite’s online, subscription-based service provides extraordinarily detailed transparency on healthcare technology pricing and packaging to support VITL’s efforts to facilitate the transition to and adoption of HIT at provider sites across the state of Vermont. CapSite enables providers to make informed decisions at the planning, budgeting and negotiating phases of their purchasing process.

“It is critical for physician practices to have a good process for assessing the HIT marketplace, selecting vendors, and negotiating agreements. That’s one of the things VITL helps providers with, and we’ll be able to do it better with access to the CapSite service,” said VITL President and CEO David Cochran, MD. “The Vermont providers that we are working with will greatly benefit from having more information about pricing and contract terms.”

CapSite spans over 150 different healthcare technology categories and 1,300 vendors in the areas of Imaging Equipment, Medical Devices, Professional Services and Healthcare IT (HIT).  The HIT categories include extensive coverage of Electronic Health Records (EHR) and Health Information Exchange (HIE) solutions which are of significant interest in light of the HITECH Act of the American Recovery and Reinvestment Act of 2009 (ARRA).

“We are very pleased to have this opportunity to work with VITL.  As both the HIE (Health Information Exchange) and REC (Regional Extension Center) for Vermont, VITL plays a strong role in encouraging healthcare technology adoption within the state. This is well-aligned with our goals at CapSite, and we are pleased to share our resource with the network of providers VITL assists,” says Gino Johnson, Sr. VP and GM at CapSite.

In addition to the extensive database, CapSite provider subscribers get full access to CapSite’s portfolio of strategic industry reports. With about twenty new reports published a year, CapSite reports give providers a powerful understanding of healthcare industry trends.

About VITL

VITL is a 501(c)(3) non-profit organization that assists Vermont health care providers with adopting and using health information technology to improve patient care. VITL has built a broad group of stakeholders, including health plans, hospitals, physicians, other health care providers, state government, employers, and consumers. Because VITL’s stakeholders come from both the private and public sectors, in essence VITL operates as a public-private partnership.

VITL is both the designated health information exchange for the state of Vermont and the federally-designated regional extension center for all of Vermont. VITL’s work revolves around meeting both of those requirements, as well as supporting Vermont’s health care reform efforts.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm.  Our mission is to provide market transparency which enables our healthcare provider clients to save money on healthcare technology investments which drives down the overall cost of healthcare in the U.S.

The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases.  The CapSite database represents more than 150 healthcare technology categories and 1,300 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

December 26, 2011 I Written By

74% of U.S. Hospitals Plan to Purchase New Health Information Exchange (HIE) Solutions

CapSite has released our 2011 U.S. Health Information Exchange (HIE) Study. Study highlights include:

  • 74% of U.S. Hospitals Plan to Purchase New Health Information Exchange Solutions
  • 16% of Hospitals Plan to Engage a Professional Services / Consulting Firm as Part of Their HIE Strategic Planning or Vendor Selection Process
  • Voice of Customer (VOC) Insight from more than 340 U.S. Hospitals

October 25, 2011, Burlington, VT  – CapSite™ announces the release of the 2011 U.S. Health Information Exchange (HIE) Study.  The study is the most recent in a series of CapSite strategic industry reports focused on assessing the impact of the HITECH Act on the U.S. Health Informational Technology (HIT) market. The study represents unique Voice of Customer (VOC) insight from more than 340 hospitals on the market adoption, market opportunity, market share and vendor mind share across the U.S..

With the HITECH Act focus on stimulating the exchange of health information and Meaningful Use (MU) of EHRs, our study clearly shows a market that has been increasingly adopting HIE solutions since 2009. We are projecting this market to continue to accelerate over the next 24 months.

 “Additionally, we found that nearly 80% of hospitals either already have or plan to join an HIE.  In contrast, the majority of hospitals were uncertain as to whether they were going to participate in an Accountable Care Organization (ACO).” says CapSite Sr. VP and GM, Gino Johnson.

Voice of Customer (VOC) highlights from the study:

  • 16% of hospitals plan to engage a Professional Services / Consulting firm as part of their HIE strategic planning or vendor selection process
  • The most popular HIE solutions that hospitals plan to purchase:
    • MPI / Patient & Provider Indexes
    • Immunization Reporting
    • Results Reporting / Delivery

Market Penetration / Share and Vendor Mind Share coverage includes:

Accenture, ACS, Allscripts, athenahealth, Bass & Assoc., Carefx, Cerner, Covisint, CPSI, CSC, CTG, dbMotion, Deloitte, Dell, Dr. First, eClinicalWorks, Epic, GE Healthcare, Healthland, HIMformatics, HP, ICA, InterSystems,  KPMG, McKesson, Medicity, Meditech, MedPlus, MEDSEEK, Microsoft, MobileMD, NextGen, Northrop Grumman, OptumInsight (formerly Axolotl), Orion Health, Prognosis, QuadraMed, RelayHealth, SAIC, Siemens.

About CapSite™

The CapSite database provides unique transparency on Healthcare Technology pricing and packaging.

CapSite™ is a healthcare technology research and advisory firm.  Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions.  The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases.  The CapSite database represents more than 140 healthcare technology categories and 1,100 vendors.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

October 31, 2011 I Written By

CapSite Partners With Peer Consulting to Combine IT Strategic Consulting Services With CapSite’s Hospital Purchasing Database

Burlington, VT – CapSite announced this morning that Peer Consulting has entered into a Provider Consulting Organization (PCO) agreement with CapSite. The agreement enables Peer Consulting to offer the CapSite service to healthcare providers as part of consulting engagements.

“We believe the CapSite Hospital Purchasing Database, when combined with other services offered by select consultants for their provider clients, will serve as a major market differentiator for that consultancy,” says Gino Johnson, Sr. VP and GM of CapSite.

The CapSite database is a unique resource providing transparency on healthcare technology purchases to help healthcare providers make more informed decisions in the planning, budgetary, and negotiating phases of their procurement process. Spanning over 140 categories across Healthcare IT (HIT), Imaging Equipment, Professional Services and Medical Devices, the CapSite database will assist Peer Consulting to advise providers toward making intelligent decisions in vendor evaluations and system selections.

Peer Consulting’s expertise with Healthcare IT Adoption services with hospitals, rural health centers and RECs is aligned with CapSite’s unique coverage in HIT, including EHR and HIE.

“Peer Consulting believes that the system selection process is enhanced when supported by clear and accurate industry data. The ability to make informed decisions based on an understanding of similar organizations’ procurement of information technology is invaluable. We are pleased to partner with CapSite to be able to provide this information to our clients,” says Vice President, Executive Advisory Services of Peer Consulting, Linus Diedling.

The Provider Consultant Organization (PCO) agreement allows providers to benefit from Peer Consulting advisory services paired with CapSite’s unique Database resource.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to provide market transparency which enables our healthcare provider clients to save money on healthcare technology investments which drives down the overall cost of healthcare in the U.S.  The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 1,100 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.
CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

About Peer Consulting, LLC

Founded in 2001, Peer Consulting provides healthcare organizations with complementary services in management consulting, systems implementation and integration. The firm’s expertise includes enterprise-wide computer systems deployment for hospitals, integrated delivery networks, ambulatory facilities and physician clinics. Other services include Meaningful Use Readiness, Executive Advisory Services, Clinical Systems Adoption, Health Information Exchange Strategy, Implementation Services and Technical Expertise. Headquartered in the greater Seattle area, the firm is distinguished by a multi-disciplinary team of highly experienced, senior consultants strategically based throughout the U.S.

For more information, see http://www.peerconsulting.net or e-mail info@peerconsulting.net .

October 20, 2011 I Written By