Market Trends of United States EHR Cloud Computing Industry
This section covers the major market trends shaping the US EHR Cloud Computing Market according to our research experts:
Government initiatives to boost healthcare IT usage
- The United States government is taking initiatives by investing in developing a cloud-based healthcare system in the country. In June 2021, the U.S. Department of Health and Human Services (HHS) Office of the National Coordinator for Health Information Technology (ONC) announced the establishment of the USD 80 million Public Health Informatics & Technology Workforce Development Program (PHIT Workforce Program) to strengthen U.S. public health informatics and data science.
- Health and wellness supporting technology demand in terms of cloud-based EHR solutions is expected to increase during the forecasted period, and beyond that, the need for services is expected to surge owing to the increased consumer spending capabilities and normalization of such solutions and services over time.
- Moreover, In March 2021, MediQuant, a healthcare provider of enterprise active archiving and conversion solutions, announced that it had been selected by the U.S. Defense Health Agency (DHA) to help consolidate all clinical data across the Military Health System as it transitions to a new enterprise electronic health records (EHR) platform by 2024. The company maintains the patient record and relevant information through a cloud-based software platform.
- Furthermore, In January 2022, the Defense Department deployed its new electronic health records system, the Military Health System GENESIS, to 19,000 new users in 100 different locations in Texas. Such instances are expected to promote the growth of the EHR cloud computing market in the United States.
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Increasing cloud deployment in healthcare industry
- The cloud-based EHRs have the potential to incorporate and organize patient health information and encourage its instant distribution among all authorized providers involved in a patient's care. For example, EHR alerts can be used to notify providers when a patient has been in the hospital, allowing them to proactively follow up with the patient. Additionally, EHR cloud computing can reduce the time providers spend doing paperwork.
- The US EHR cloud computing market is witnessing partnerships and mergers to help develop data security in EHR cloud software. For instance, In January 2022, MEDITECH, a cloud-based EHR vendor based in the United States, announced a partnership with critical access management provider SecureLink to improve health data security. The partnership is expected to enhance data security across the 2,300 healthcare institutions that use MEDITECH.
- Furthermore, On July 16, 2021, Amazon Web Services announced the launch of AWS for Health. AWS for Health will provide proven and easily accessible capabilities that will help organizations increase the pace of innovation, unlock the potential of health data, and develop more personalized approaches to therapeutic development and care. Amazon's AWS solution allows users to migrate electronic health record workloads to the cloud to increase performance and automate many traditional IT tasks. Such developments will drive the EHR cloud computing market in the United States.
- However, Cloud APIs and interfaces constitute the primary challenge to organizations attempting cloud computing interoperability. The lack of standardization in the cloud service providers restricts the data sharing between different cloud tools leading to portability issues.
