Register

I agree with the Privacy Policy

Health

Medical Records, next tech goldmine

By Mindi Sue Sternblitz-Rubenstein, March 10, 2010

care management

According to a recent CNNMoney.com article, the next technical goldmine is medical records.

There are an estimated 300 to 400 companies in the United States peddling electronic medical records (EMR) systems to the nation's hospitals, medical clinics and solo practitioners. While some, such as GE Healthcare and NextGen Healthcare Information Systems, are part of corporate behemoths, the vast majority are small, privately held firms like eClinicalWorks.

While large firms such as Allscripts-Misys Healthcare Solutions Inc. and NextGen Healthcare remain huge presences, industry observers say that the electronic medical records field is as open to smaller challengers as it has ever been.

One big factor working in the small companies' favor: The majority of doctors' offices that have yet to adopt electronic records are small businesses themselves. While more than half of medical practices employing 50 or more doctors are using EMR systems, less than 10% of practices made up of three physicians or fewer can say the same, according to a study published in the New England Journal of Medicine in 2008.

To read the full article, click here.

More from Mindi Sue Sternblitz-Rubenstein

July 06, 2023

Vantiva IoT and the Multifamily Market - New Podcast

Exploring the Future of IoT: The Connected Consumer Podcast Episode In today's digitally connecte...

December 28, 2010

Apple Removes WikiLeaks Program From App Store

Apple Inc., a California-based consumer electronics giant said it had removed a program from its...

December 26, 2010

Sony Starts Music Service in U.K., Ireland

Sony Corp. opened an online streaming-music service in the U.K. and Ireland and said it will roll...