Report Suggests Healthcare IT Market Will Consolidate Into "Mega Firms"

A report published by financial advisory firm Marlin & Associates suggests companies in the healthcare information technology market will merge and consolidate into healthcare IT "mega firms" or "superstores" in the near future, according to a company news release.

The study, titled "Back to the Future: Healthcare Rebooted," was written based on surveys that were conducted throughout 2010. M&A predicts companies that are able to successfully integrate into consolidated healthcare information networks will be in a position to set industry standards.

In addition to its prediction about consolidated healthcare information networks, M&A also predicts radical advancements at relatively reasonable costs in the field of medicine, telecommunications, data management, infrastructure and analytics technologies.

Read the M&A news release about "Back to the Future: Healthcare Rebooted."

Read other coverage about the healthcare IT market:

- Report: Small Hospitals Seeking Large CIS Vendors

- Study: 40% of Hospitals Plan to Invest in Health IT Solutions

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