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Industry Report:

Health IT Transformation: FY2009-FY2014 State and Local Market Forecast  (Aug 2009)

INPUT's Health IT Transformation: FY2009-FY2014 State and Local 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 State and Local Market Forecast illustrates that investments in health information technology systems and services by U.S. state and local government health organizations will increase from $7.6 billion in 2009 to $9.6 billion in 2014 at a compound annual growth rate (CAGR) of 4.6% during the forecast period.

Key Findings

INPUT draws upon its extensive expertise on the government IT industry to analyze and forecast state and local spending across the health IT vertical market, examining the flow of money, the technology evolution, and the opportunity landscape as well as other trends and market drivers that will influence the course of state and local health IT spending over the next several years. Key market forces currently shaping this market include:

Growth in state and local health IT will be accelerated by U.S. healthcare reform and the American Reinvestment and Recovery Act (ARRA). Health IT will enable healthcare reform by reducing costs and improving outcomes. State and local governments' reliance on technology in the healthcare arena continues to present opportunities for vendors who are agile and present creative, cost effective solutions for public hospitals and health organizations. Electronic Health Records (EHR) implementations and upgrades at public hospitals and healthcare facilities present the highest growth opportunity for vendors in this vertical market.

Critical Insight for Vendors

This report provides companies and other interested parties with a detailed view of state and local 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 provides recommendations to guide vendors in maximizing their market positioning and buyer relationships to best take advantage of state and local health IT business opportunities.

INPUT’s Health IT Transformation: FY2009-FY2014 State and Local 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 macroeconomic, forecast and survey data.

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Questions?

If you have any questions call 1-888-99-INPUT (46788) or send an email to info@input.com.