Report: EHRs Could Save Health Industry Up to $78B Over Five Years
November 12, 2014 in News
Electronic health records could save the health care industry up to $78 billion over the next five years, according to a Juniper Research report, Healthcare IT News reports (Monegain, Healthcare IT News, 11/11).
Details of Report
Juniper Research’s report examined how digital infrastructure will influence the success of new health care models, such as accountable care.
The report profiled 12 vendors and produced six case studies to calculate market changes between 2014 and 2019 (Juniper Research report, 7/10).
Researchers found that EHRs will become “integral” to health care over the next five years (Juniper Research release, 11/5).
Anthony Cox, Juniper associate analyst and author of the report, said that EHRs will bring together stakeholders, devices and medical records “in the future connected health care environment.” He added that health workers have become “significantly more engaged” with digital health care in the past year and a half.
However, the report noted that progress in digital health is being offset by:
- A lack of randomized controlled mobile health trials; and
- The global health care industry’s diverse nature.
As a result, digital health care often requires a buy-in from many stakeholders, and approaches to digital health have to be designed narrowly to fit different regions’ needs, according to the report (Walsh, Clinical Innovation Technology, 11/11).
Nonetheless, Cox said that two key factors will “buoy” digital health care:
- Looser regulations on digital health care; and
- The popularity of Apple’s HealthKit and Samsung’s SAMI (Juniper Research release, 11/5).