Healthcare Technology Magazine News

Global Healthcare IT Market Will Grow At A CAGR Of 5.7% to 2018

The Global Healthcare IT market can be segmented into two divisions on the basis of provider: the Physicians, and Hospitals IT markets. The Global Healthcare IT market is further segmented into Hardware, Software, and IT Services, which are further categorized into sub-segments.

Technological advancements such as cloud computing, social networking, and BI and analytics could have a positive impact on the healthcare system by reducing cost and improving outcomes. Mobile technology is one such advancement. The use of mobile devices will reduce the need for patients to visit hospitals or clinics every time they need a diagnosis or follow-up check-ups. The benefits of mobile devices are not limited to developed countries because the adoption of mobile devices is high in developing countries, thus improving the access to healthcare services.

Analysts forecast the Global Healthcare IT market will grow at a CAGR of 5.7 percent over the period 2013-2018. According to the report, increased need for efficiently storing and effectively using patient information is driving the adoption of IT in the Healthcare industry. With the increasing number of patients, the number of health records is increasing exponentially.

Easy access to archived patient records will enable healthcare providers to offer enhanced services. IT in the Healthcare sector is extremely useful to improve the quality and efficiency of services delivered. Though increased investments on IT systems will eventually lead to higher expenditure by patients due to the advanced technology used, healthcare providers still choose to increase their spending on IT.

Both the Private and Public sectors are engaging in various projects that have increased the usage of IT in healthcare. Private companies are especially seen to be spending more on IT and this trend is forecast to continue in the coming years. Maintenance of standard record formats and financial incentives from governments and other international welfare organizations will further encourage investments in IT systems in the Healthcare sector.

IT will help in enhancing the delivery systems in the Healthcare sector and reduce the occurrence of errors. The report recognizes the following companies as the key players in Global Healthcare IT Market: CareFusion Corp., Cerner Corp., Dell Inc., McKesson Corp., Philips Healthcare, Cognizant Technology Solution Corp., Epic Systems Corp., NTT Data Inc., Pulse System Inc., Siemens AG, UnitedHealth Group Inc. This report covers the present scenario and the growth prospects of the Global Healthcare IT market for the period 2014-2018.

The report also captures the state of cloud computing in the Healthcare IT market; it discusses the benefits and prospect of the technology in the forecast period. The report also throws light on the e-Health initiatives of key countries. The Global Healthcare IT Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts.

The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Healthcare IT market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

BRHC Supports Centralisation Of Specialist Paediatric Services With Three New C-arms

The Bristol Royal Hospital for Children (BRHC) is going through an expansion to facilitate the centralisation of all specialist children's services in a single, state-of-the-art children's hospital.

To support an increase in workload, the hospital has invested in three ARCADIS® Varic C-arms from Siemens Healthcare to provide treatment for local Bristol children plus specialist care for children across the South West and nationally. The three ARCADIS Varics, which are in use 24/7, are being used for general surgery in addition to specialist spinal, neurosurgery, plastic and orthopaedic procedures. The technology is also supporting the hospital’s established Paediatric Cardiac Unit for the treatment of children with congenital heart problems. The systems are ensuring optimum safety for young patients and staff with dose reduction features such as a dose free collimation and multi-level dose control.

“We selected the ARCADIS Varic following an evaluation of a number of systems. Staff were already familiar with the system, so ease of use was also a deciding factor,” states Elin Jones, Superintendent Paediatric Radiographer at The Bristol Royal Hospital for Children. “They sit in our newly refurbished department which has a relaxing ambience and child-focussed decor to ensure the best possible experience for our young patients and their families.”

The system’s mobile C-arm is counterbalanced removing the need for it to be locked into place, enhancing ease of use for clinicians and providing easy patient access. The system’s compact and lightweight trolley also features large 19” dual TFT monitors for high-quality image visualisation. This is boosted further by the Varic’s syngo user interface, enabling fast and intuitive system operation, image post-processing and networking.

Darren Parker, Regional Sales Manager at Siemens Healthcare states: “Siemens Healthcare is delighted to provide three ARCADIS Varic systems which have aided the expansion of Bristol Royal Hospital for Children. The technology is ideal for children due to the dose saving features which allow the lowest appropriate dose, in turn putting staff and patients’ family’s minds at ease.”

Procura Group of Companies Leads US Market

The Procura Group of Companies is pleased to announce they now provide Medicaid solutions for over 90% of the United States.

The broad reach of coverage from over 1,500 predefined Medicaid state and waiver programs covering 46 states is unparalleled. When combined with the existing service line and payer solutions, the company, through its ContinuLink Homecare Platform and the Procura Health Management System, is the only software vendor providing solutions for mixed payers and service lines. Providers can now easily enter and compete in their state Medicaid and waiver programs using ready-made tools forms and processes, helping them gain the efficiencies needed to thrive in today's competitive healthcare market.

With an estimated $65 billion per year spent on home and community based services in the US, the expansion into Medicaid services is a rapidly growing diversification strategy being used by providers. Success managing these mixed payer and service line environments is predicated on working with experienced partners that facilitate operating within the unique and changing attributes required of each state and waiver program.

"Experience simplifying the complexities of working in mixed payer and service line models is a unique advantage we bring to our customers. Our solutions have been helping providers thrive in Medicaid programs for over ten years," stated Scott Overhill, CEO, The Procura Group of Companies. "The real challenge for providers working in these mixed models is to create a highly efficient organization across the business and clinical operations, thereby reducing waste and improving the bottom line."