US

Us Healthcare It Market Exhibiting Double-digit Growth

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US healthcare IT market is growing immensely due to declining costs of HIT systems implementation, stricter government regulations and huge incentives for implementation. Moreover, current industry trends such as emergence of cloud computing in healthcare IT, growing strategic collaborations and rapid technological upgradation in the industry are also playing pivotal roles in the development of countrys healthcare IT market. Considering the above factors, the US healthcare IT market is anticipated to grow at a CAGR of around 10% during 2014-2018.

The report, US Healthcare IT Market Outlook 2018, spread over 95 pages, covers a comprehensive research and thorough analysis of US healthcare IT market. The report provides a critical analysis and an unbiased view into the state of the countrys healthcare IT industry, including the current and future market size for various industry segments. The report features market analysis of HIT segments (hardware, software and services) coupled with the in-depth analysis of major HIT components. These components comprises of hospital information system (it covers EMR, CPOE, CDSS, MIIS), pharmacy information system and laboratory information system.

Further, our study delves into the potential growth areas of healthcare IT market in the country which would help the client to get deeper information about the industry. In addition to that, various regulations have been covered in the report which are affecting industry growth or may affect in the future.

Also, we have covered an in-depth analysis of competitive landscape covering business overview, key financials, strength & weakness analysis and recent developments of major healthcare IT vendors of the country. Overall, the report would facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.

Some of the key findings of the report are:

– Rising Merger and Acquisitions to augment market growth
– Declining cost of implementation propelling HIT adoption
– Government incentives driving rapid growth in US Healthcare IT

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Us Healthcare It Market Outlook 2018

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The US Healthcare IT market is witnessing an astonishing growth with escalating healthcare cost becoming a foremost concern today for the US government. As a result, with stricter government regulations and supporting adoption of healthcare IT systems in hospitals, the industry is offering immense opportunities for players involved in the business.

In their latest research study, US Healthcare IT Market Outlook 2018, RNCOS analysts have identified and deciphered the market dynamics in important segments to clearly highlight the areas offering promising possibilities for companies to boost their growth. The market is slated to grow at a CAGR of nearly 10% during 2014-2018. This remarkable growth of the market will likely be driven by rapid introduction of new products, growing government support and declining implementation cost of healthcare IT. Moreover, with cloud computing widely prevailing, the US Healthcare IT market is poised to reach new heights.

In the report, US healthcare IT market has been studied on two main grounds – by segments and by components where segment wise healthcare IT market section covers in-depth analysis of healthcare IT hardware, software and services market and component wise healthcare market analysis section includes study of major healthcare information systems such as EMR, CPOE, CDS and MIIS coupled with pharmacy and laboratory information systems.

The study further delves into the present regulatory environment related to the industry. And it covers a detailed analysis of the potential growth areas which has helped in clearly identifying and highlighting the segments that offer the maximum opportunity for growth in the country.

Finally, with a view to providing a balanced outlook of the US healthcare IT market to clients, our report also includes the profiles of key industry players with their key financials, strength & weakness analysis and recent activities. In a nutshell, the research provides all the prerequisite information for intending clients looking out to venture into these markets, and facilitates them to devise strategies, while going for an investment/partnership in the US healthcare IT industry.

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Healthcare Training – Your Own Lottery Ticket

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The healthcare sector has been one of the largest industrial sectors in the US for the last 5 to 8 years. As a matter of fact the top 20 sectors with the highest annual growths include around 10 health related sectors. Hence it is obvious that there has been a significant increase in the employment opportunities for students pursuing a healthcare training.

This growth has largely been caused due the increase in the elderly population. With the development of modern technologies and their growing applications in the health industry the scope of the health sector has also grown phenomenally. It is estimated by the US Department of Labor that almost 3.2 million new jobs will be generated for the students coming out of a medical training school by 2018.

The pay scales in the health sector are much higher in comparison with other large industrial sectors by about 13%. This estimation is done excluding the amounts paid for work in odd hours and that’s not all. People employed in the medical sector also get other benefits like pensions, health insurances and also not to forget paid holidays and sick leaves but for all this you first need to join a medical training school.

So let us take a look at some good medical training schools and healthcare training programs which will lead you to a successful career in the medical sector. There are around 160 medical colleges in the US. Admission to these colleges for a post graduate or graduate degree is through common entrance tests like the MCAT. Also qualities like involvement in social work are considered for admission.

University of Arizona College of medicine, University of California Davis School of medicine, Yale University of medicine and University of Pennsylvania School of medicine are some of the oldest and renowned colleges of medicine which offer a variety of healthcare training programs. These courses include osteopathic medicine, dental medicine, pathology etc.

It is important to have a specialization to be successful in the medical industry. Nowadays many nursing and technical diploma courses which are much shorter than the traditional graduation courses are in demand. Thus specific training programs will help you to stand firmly in the medical sector and make good money as well.

Though the scope in the medical sector is growing exponentially only a good educational qualification from a recognized medical training school and even more than that the passion to serve people will make you successful in the medical sector

LVN school offers LVN programs and other vocational healthcare programs in their campuses in California.

Indian IT Companies to benefit from healthcare reforms

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Barrack Obama’s healthcare victory is going to be a boon for Indian IT and offshoring companies. This historic win of Obama is likely to fetch Indian IT companies deal worth Rs. 1.2 lakh crore. The US Supreme Court upheld the law that many believe will change the face of America’s healthcare sector.

A rough figure estimates that more than 25 million American citizen will buy healthcare insurance. Interestingly, the healthcare reform will ensure that every single medical practitioner will have a centralized data center in digital format. This will result in massive data conversion for electronic records for insurance claim and other processes.

This will largely benefit Indian outsourcing companies, and they have started to look at companies who will offshore this process. This will help Indian companies to have a better understanding of the process and learn the complexities.

America’s earlier process were all aimed at bringing back job to the US citizen, but most of the policy failed to take shape since the need to outsource was always the prequisite for the American industry. Offshore outsourcing has only seen to be climbing the graph, mainly for the reason that it is cheap and affordable. Companies in US have also targeted in that front where they could bring in more business and jobs, but on the contrary it seems they have to implement more measures.

Finally outsourcing to India will grow, because with new healthcare regulations compliance will be increasingly complex, so it becomes obvious that Indian companies will have to take up the challenge and make a beginning.

Emr – Shaping The Future Of Healthcare

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We all are aware of how the CMS multimillion dollar plan for EMR adoption created waves in the Healthcare IT industry. EMR was a proven tool to optimize practice operations and workflows. Large hospital corporations and technology enthusiasts were already reaping its benefits long before the government’s incentive program. Within the last two and a half years, EMR has managed to change the face of the Healthcare industry in the US. The adoption rates are now higher than ever. With the introduction of affordable, web-based EMR solutions, smaller practices can now look to automate their clinical and administrative processes as well.

While a practice may benefit from cost savings and improved productivity, the real benefactors are the patients themselves. An EMR offers increased quality of care through built-in interaction checks, improved accountability and ease of access, thus the future of healthcare backed by EMRs looks very promising indeed.
With increased focus on EDI and security, it is easier to anticipate what may come next. Healthcare portals are slowly gaining popularity amongst patients. With access to electronic personal health record, a patient is remains informed. The CMS wants to establish a new, more efficient method for care delivery by promoting online healthcare information exchange. This is also keenly reflected within the meaningful use objectives for stage 1 and the proposed stage 2.

Utilizing the technology available today, physician-patient interaction can be transformed completely. Integrated EMR Portals remove care delivery barriers and keep patients synchronized with real-time data to manage their health better. These may include online follow ups along with clinical alerts and reminders through instant messaging (email and text). With patients already using a patient portal to book their appointments, access lab results, request prescription refills and review visit notes, the next step may be a completely virtual clinical checkup.

With the development in online healthcare information exchange, patients can manage their health better and transport vital health information anywhere, anytime. EMR is definitely changing the healthcare system and a lot of us are just beginning to realize its significance, with the dawn of a new era of accountable and accessible care for all.