A new study has showed that American Recovery and Reinvestment Act (ARRA) incentives are not the main drive for doctors to use electronic health records (EHRs) but the actual derive is to achieve high quality and efficiency in their work. CapSite, healthcare technology research and advisory company, has launched its 2010 U.S. Ambulatory EHR and Practice Management Study, a strategic analysis of the U.S. electronic health record market in response to the Health Information Technology for Economic and Clinical Health (HITECH) component of the ARRA.
Company officials highlighted that the study represents a new Voice of Customer (VOC) insight from more than 2,000 groups allover the United States, which includes trending analysis relies on CapSite's original Ambulatory EHR Study published in February of 2010, as well as new insight into vendor mind share and the practice management market. Brendan FitzGerald, Director of Research at CapSite, said: "As a follow up to our original study of 1,000 groups which we conducted at the end of 2009, this new and expanded study represents an even larger sampling," He added: "We see an Ambulatory EHR market that continues to accelerate, and is on pace to more than double the purchasing activity from 2009. Based on the findings from the study, we project a market opportunity in excess of $3 billion for Ambulatory EHR and Practice Management solutions over the next 24 months." FitzGerald further noted: "Interestingly, we found that the most important reason driving Ambulatory EHR purchases was the goal of physicians making their practice more efficient and not the ARRA / HITECH Act Stimulus funding."
