Research by Frost & Sullivan revealed that total market revenues for electronic health records could reach $6.5 billion in 2012, according to a company news release.
Frost & Sullivan's report, "U.S. Hospital EHR Market, 2009-2016: Charting the Course for Dramatic Change," also found that EHR market earned revenues in 2009 totaled $973.2 million. The report predicts the market will top out at $6.5 billion in 2012 as hospitals continue implementing EHRs and work towards meaningful use. Frost & Sullivan experts also project a market decrease after 2013 due to market saturation and price competition.
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Frost & Sullivan's report, "U.S. Hospital EHR Market, 2009-2016: Charting the Course for Dramatic Change," also found that EHR market earned revenues in 2009 totaled $973.2 million. The report predicts the market will top out at $6.5 billion in 2012 as hospitals continue implementing EHRs and work towards meaningful use. Frost & Sullivan experts also project a market decrease after 2013 due to market saturation and price competition.
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