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PRESENTED BY
Matt Schuchardt
Director of Market Intelligence Solutions
HIMSS16 State of the Market
Enabling better health through information technology.
HIMSS Analytics ®
Advisory Solutions
» Custom Research
» Syndicated
Research -
Essentials Briefs
» Maturity Model
Educatio...
Healthcare IT
Solutions
Healthcare
Delivery
Organizations
UNIQUELY POSITIONED TO DELIVER
ACTIONABLE INFORMATION
Primary Drivers in the Global Healthcare Market
Cost
Reduction
Pressures
Source: Deloitte “2015 Global health care outlook”
“Growth Phase” of Total Health Expenditures
“Growth Phase”
Source: The Carlyle Group “2016 Global Healthcare Outlook”
Regional Market Drivers
Americas
•Increasing volume of data
•Shifting to consumer-centric
EMEA
• Continued austerity
• Nee...
If global GDP grows by 4.5% per
year over the next decade, global
health spending would be expected
to increase by about 6...
Global Health IT Market
CAGR = 6.44%
Source: Infiniti Research Limited: TECHNAVIO.COM Global Healthcare IT Spending Market...
Global HCIT Market Segments
$9.87 $10.39 $10.98 $11.65 $12.41
$17.39 $18.84 $20.55 $22.58 $24.95
$28.54 $30.10
$31.94
$33....
Impact of Government Incentive Programs in the US
2% 3%
6%
37%
67%
2007 2008 2009 2010 2011 2012 2013 2014 2015
ARRA
Passe...
US Hospital IT Budgets
Data from HIMSS Analytics® LOGIC™
The Value of Scale
Health System Mergers and Impacted Hospitals & Practices
Data from HIMSS Analytics® LOGIC™
Revenue Cycle Wave Beginning?
Data from HIMSS Analytics® LOGIC™
Hospitals Planning Investment in Revenue Cycle Technologies
Value and Bundled Reimbursement Technology Infrastructure
71% 74%
65%
69%
39 6737 39
2014 2015
Hospital Using Contract Man...
Healthcare organizations have a long way to go in regards to Analytics
Source: HIMSS Analytics® Clinical & Business Intell...
Growing Market for Vendors with Understanding of BI
Poised
for
Growth
Source: HIMSS Analytics® Clinical & Business Intelli...
Building the Technology Infrastructure for Population Health
15 17
27
46
29
51 53
71
2012 2013 2014 2015
US HEALTH SYSTEMS...
Managing the Patient Experience
225 225 213
10 8
9
200
205
210
215
220
225
230
235
240
2013 2014 2015
More than 1 Vendor M...
2015 Breaches at Health Care Providers
Source: US Department of Health & Human Services Office for Civil Rights, Breach Po...
Increasing Risk from Hackers
Source: US Department of Health & Human Services Office for Civil Rights, Breach Portal
Better knowledge. Better analysis. Better decisions.
We deliver better.
WEB: www.himssanalytics.org
TWITTER: @himssanalytics
LINKEDIN: linkedin.com/company/himssanalytics
HIMSS ANAYLTICS
Market ...
THANK YOU
HIMSS Analytics® - Healthcare IT State of the Market 2016
HIMSS Analytics® - Healthcare IT State of the Market 2016
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HIMSS Analytics® - Healthcare IT State of the Market 2016

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'Now that you have all this data, what do you do with it?'

By now, everyone's got an EMR. And most providers are also making use of ancillary technologies to help harness patient data toward more efficient care and better outcomes. But many components of health IT are still surprisingly underused in the U.S. hospital market. "While the EMR market itself is pretty saturated, and usage has really improved since the HITECH Act, the challenge for hospitals and health systems is, now that you have all this data, what do you do with it?" says Matt Schuchardt, Director of Market Intelligence Solutions Sales at HIMSS Analytics.
There's no shortage of technologies out there to help hospitals improve operations. But it may surprise you to realize how relatively untapped they often still are.
HIMSS Analytics LOGIC keeps tabs on all manner of IT products, and its list of the tools with biggest positive growth potential points to where the market will be heading in the coming years.

This deck will provide you a high level overview of the State of the Market. We encourage you take part in a webinar with the full presentation on the topic from Matt Schuchardt on May 2nd at 2pm EST.

Sign up for the webinar through the HIMSS Learning Center here: http://ow.ly/10szOD

Published in: Healthcare
  • This deck will provide you a high level overview of the State of the Market. We encourage you take part in a webinar with the full presentation on the topic from Matt Schuchardt on May 2nd at 2pm EST. Sign up for the webinar through the HIMSS Learning Center here: http://ow.ly/10szOD
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HIMSS Analytics® - Healthcare IT State of the Market 2016

  1. 1. PRESENTED BY Matt Schuchardt Director of Market Intelligence Solutions HIMSS16 State of the Market
  2. 2. Enabling better health through information technology.
  3. 3. HIMSS Analytics ® Advisory Solutions » Custom Research » Syndicated Research - Essentials Briefs » Maturity Model Education Certification HIMSS Analytics® LOGIC™ » HIT Adoption » Market Opportunity » Market Share » Contacts » Benchmarking HIMSS Analytics ® CapSite™ Database » Pricing » Packaging » Positioning » Contract Terms HEALTHCARE’S MOST COMPREHENSIVE MARKET INTELLIGENCE RESOURCES & ADVISORY SOLUTIONS HIMSS Analytics ® Advisory Services » Healthcare Organization Benchmarking » Advisory Services for Providers » Certified Educator Programs for Vendors
  4. 4. Healthcare IT Solutions Healthcare Delivery Organizations UNIQUELY POSITIONED TO DELIVER ACTIONABLE INFORMATION
  5. 5. Primary Drivers in the Global Healthcare Market Cost Reduction Pressures Source: Deloitte “2015 Global health care outlook”
  6. 6. “Growth Phase” of Total Health Expenditures “Growth Phase” Source: The Carlyle Group “2016 Global Healthcare Outlook”
  7. 7. Regional Market Drivers Americas •Increasing volume of data •Shifting to consumer-centric EMEA • Continued austerity • Need for analytics capabilities AsiaPac • Increasing old-age dependency ratio • Infrastructure investment
  8. 8. If global GDP grows by 4.5% per year over the next decade, global health spending would be expected to increase by about 6% per year Source: The World Bank “World Economic Indicators Database 2015”
  9. 9. Global Health IT Market CAGR = 6.44% Source: Infiniti Research Limited: TECHNAVIO.COM Global Healthcare IT Spending Market, 2015-2019, 2015
  10. 10. Global HCIT Market Segments $9.87 $10.39 $10.98 $11.65 $12.41 $17.39 $18.84 $20.55 $22.58 $24.95 $28.54 $30.10 $31.94 $33.98 $36.26 $32.48 $34.14 $36.15 $38.49 $41.13 2015 2016 2017 2018 2019 Hardware Software Telecommunications IT Services Source: Infiniti Research Limited: TECHNAVIO.COM Global Healthcare IT Spending Market, 2015-2019, 2015
  11. 11. Impact of Government Incentive Programs in the US 2% 3% 6% 37% 67% 2007 2008 2009 2010 2011 2012 2013 2014 2015 ARRA Passed ACA Signed MU Payments MU 2 Payments HOSPITALS ACHIEVING HIMSS ANALYTICS® EMR ADOPTION MODEL™ STAGE 5 EMRAM Launched 2005 Data from HIMSS Analytics® LOGIC™
  12. 12. US Hospital IT Budgets Data from HIMSS Analytics® LOGIC™
  13. 13. The Value of Scale Health System Mergers and Impacted Hospitals & Practices Data from HIMSS Analytics® LOGIC™
  14. 14. Revenue Cycle Wave Beginning? Data from HIMSS Analytics® LOGIC™ Hospitals Planning Investment in Revenue Cycle Technologies
  15. 15. Value and Bundled Reimbursement Technology Infrastructure 71% 74% 65% 69% 39 6737 39 2014 2015 Hospital Using Contract Management Hospitals Using Medical Necessity Checking Content Hospitals Buying CM Hospitals Buying MNCC Data from HIMSS Analytics LOGIC Hospital Utilization and Investment Plans for Contract Management and Medical Necessity Content Checking
  16. 16. Healthcare organizations have a long way to go in regards to Analytics Source: HIMSS Analytics® Clinical & Business Intelligence Study
  17. 17. Growing Market for Vendors with Understanding of BI Poised for Growth Source: HIMSS Analytics® Clinical & Business Intelligence Study
  18. 18. Building the Technology Infrastructure for Population Health 15 17 27 46 29 51 53 71 2012 2013 2014 2015 US HEALTH SYSTEMS INVESTING IN COST ACCOUNTING AND EMPI Replacing Upgrading Data from HIMSS Analytics® LOGIC™
  19. 19. Managing the Patient Experience 225 225 213 10 8 9 200 205 210 215 220 225 230 235 240 2013 2014 2015 More than 1 Vendor More than 5 Vendors Data from HIMSS Analytics® LOGIC™ Health Systems with Multiple Patient Scheduling Systems
  20. 20. 2015 Breaches at Health Care Providers Source: US Department of Health & Human Services Office for Civil Rights, Breach Portal
  21. 21. Increasing Risk from Hackers Source: US Department of Health & Human Services Office for Civil Rights, Breach Portal
  22. 22. Better knowledge. Better analysis. Better decisions. We deliver better.
  23. 23. WEB: www.himssanalytics.org TWITTER: @himssanalytics LINKEDIN: linkedin.com/company/himssanalytics HIMSS ANAYLTICS Market Intelligence Solutions info@himssanalytics.org WANT TO LEARN MORE?
  24. 24. THANK YOU

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