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Health IT Transformation: FY2009-FY2014 Federal Market Forecast  (Aug 2009)

INPUT's Health IT Transformation: FY2009-FY2014 Federal Market Forecast analyzes the trends related to health information technology and policy that will shape the size and direction of this marketplace.

Description

INPUT’s Health IT Transformation: FY2009-FY2014 Federal Market Forecast illustrates that investments in health information technology systems and services by federal government agencies will increase from $4.5 billion in 2009 to $5.6 billion in 2014 at a compound annual growth rate (CAGR) of 4.7% during the forecast period.

Key Findings

INPUT draws upon its extensive expertise on the government IT industry to analyze and forecast federal spending across the health IT vertical market, lines of business, and cross-cutting service modes. This report also examines health IT technology evolution and the opportunity landscape as well as other trends and market drivers that will influence the course of federal health IT spending over the next several years. Key market forces currently shaping this market include:

  • The Budget Crisis
  • National Healthcare Reform and Obama Healthcare Initiatives
  • Stimulus Funding for Electronic Health Record Adoption (American Reinvestment and Recovery Act)
  • Standards and Certifications
  • Health IT Interoperability
  • Growth in federal health IT will be driven by the Provider service mode, and to some extent, by the American Reinvestment and Recovery Act (ARRA). Health IT will enable healthcare reform by reducing costs and improving outcomes. Federal government agencies' reliance on technology in the healthcare arena continues to present opportunities for vendors who are agile and present creative, cost effective solutions especially in the areas of public health, analysis, and modeling.

    Critical Insight for Vendors

    This report provides companies and other interested parties with a detailed view of federal health IT spending and a market forecast for the next five years, and is designed to enhance a vendor’s business-development planning process with relevant strategic analysis and market forecasts. The report answers critical questions such as:

  • How will healthcare reform and the stimulus shape the future health IT market?
  • Where are federal agencies spending their health IT dollars?
  • How can contractors maximize their market positioning and buyer relationships to best take advantage of federal health IT business opportunities?
  • INPUT’s Health IT Transformation: FY2009-FY2014 Federal Market Forecast is delivered in PowerPoint format. In addition, the report package includes an accompanying Executive Summary presentation that summarizes the key findings plus an Excel workbook with the data for the macroeconomic, forecast, agency and trend data.

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    Details

    Health IT Transformation: FY2009-FY2014 Federal Market Forecast

    Industry Report

    Pub Date: Aug 2009
    Issued by: INPUT
    Type: Industry Report
    Authors:
       Lauren Jones
       Angie Petty
    Pages: 78
    Format: WinZip
    Cost: $3,900.00

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