EMR Cloud Computing is the Fastest Growing Market in US

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As the pressure to lower healthcare costs, improve communication, and adopt systems that will support EMR rises, cloud computing is quickly becoming an important part of the healthcare industry. Through cloud computing, healthcare organizations can quickly share information stored across systems, allowing for IT staffs to attend to more crucial tasks. Cloud computing allows for an increase in both productivity and cost-efficiency.

Based on application, the cloud-based Clinical Information Systems (CIS) software market is the fastest growing sector of the North American Healthcare cloud computing market. Rising healthcare costs, federal pressure to adopt digital records, and the many benefits of cloud computing have all contributed to the rapid growth of the market. However, concerns over patient security have hindered the adoption process; the transferring of patient records over the cloud has its risks.

In the CIS market, the EMR market is expected to grow at the highest compound annual growth rate. This growth can be attributed to the enactment of the HITECH Act. Through the HITECH Act, plans for the adoption of electronic health records have been clearly outlined.

The healthcare cloud computing market in North America has experienced the greatest deployment of applications on private clouds. A private cloud creates a network focused on one client. In doing so, it increases data security, a necessity in the healthcare industry. In terms of services, the SaaS (Software as a Service) application accounted for the largest portion of the North American healthcare cloud computing market. However, the market for IaaS (Infrastructure as a Service) is growing at a higher rate, owed in part to the increasing need to connect the existing and required infrastructure without incurring significant cost.

Author: Lauren Daniels

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