Press Release Distribution
 

Members Login  |  Register  |  Why Join?   Subscribe to Newsletter Newsletter   RSS Feeds RSS Feeds

Video Releases    |    Pricing & Distribution Plans    |    Today's News    |    News By Category    |    News By Region    |    News By Date    |    Business Directory
All Press Releases for July 07, 2010 »
RSS Feeds RSS Feed     Print this news Printer Friendly     Email this news Email It    Create PDF PDF Version    Bookmark del.icio.us    Diggs



Many Vendors but Few Serious Options in the Crowded Market for Health Information Exchanges
New KLAS report examines the HIE purchase plans of 95 healthcare provider organizations. 
x-small text small text medium text large text



    OREM, UT, July 07, 2010 /24-7PressRelease/ -- Whether connecting competitive hospitals or just linking to community physicians, healthcare providers considered 38 unique vendors in their search for health information exchange (HIE) technology, according to a KLAS report. Amid that crowded market, however, only five companies were considered in more than 10 percent of buying decisions.

The new KLAS report, "Health Information Exchanges: Perception in an Expanding Frontier", examines the HIE software purchases or planned purchases of 95 healthcare providers, including which vendors they considered in their search. While nearly 40 vendors were named in the research, only a handful were considered with relative frequency. Medicity was considered in 23 percent of HIE buying decisions, followed by Axolotl (22 percent), RelayHealth (16 percent), ICA (11 percent) and Epic (11 percent) - though at this point Epic is strongly considered only for Epic-to-Epic connections.

"The sheer number of HIE vendors vying for provider mindshare makes finding the right solution uniquely challenging," said Jason Hess, general manager of clinical research for KLAS and author of the new report. "Technology, cost and integration were the selection criteria most often mentioned by prospective buyers, but evaluating those factors is especially difficult when most HIE vendors can point to only a handful of live deployments."

The KLAS report also notes how the structure and management of a health information exchange dictates, in part, the kind of solution a provider will consider:
- Public HIEs -- A public exchange may belong to official state agencies or may be semi-independent with direct and typically temporary government backing. Public HIEs demand solutions with strong potential scalability and need standards-based technology.
- Cooperative HIEs -- In this model, otherwise-competitive hospitals work together to form independent HIE organizations, generally with an open invitation to other hospitals, clinics and physician practices. These HIEs often struggle to establish long-term funding and look for vendor solutions that offer flexible and affordable cost alternatives while best adapting diverse EMR technologies.
- Private HIEs -- In some respects, private HIEs are designed to enhance relationships as well as exchange data. Often, a single hospital or IDN creates an HIE hoping to draw in community physicians while protecting or increasing revenues. Funding is less complicated and these HIEs are more likely to be satisfied with solutions that best work with their existing technology.

Among the 38 vendors referenced by providers in "Health Information Exchanges: Perception in an Expanding Frontier", these ten were considered most often: Axolotl, Cerner, dbMotion, Epic, GE, ICA, InterSystems, Medicity, Orion and RelayHealth. To learn more about the health information exchange market, as well as the vendor solutions being considered by potential buyers, the new KLAS report is available to healthcare providers online for a significant discount off the standard retail price. To purchase the full report, healthcare providers and vendors can visit www.KLASresearch.com/reports.

KLAS is a research firm specializing in monitoring and reporting the performance of healthcare vendors. KLAS' mission is to improve delivery, by independently measuring vendor performance for the benefit of our healthcare provider partners, consultants, investors and vendors. Working together with executives from more than 4,500 hospitals and over 2,500 clinics, KLAS delivers timely reports, trends and statistics, which provide a solid overview of vendor performance in the industry. KLAS measures the performance of software, professional services and medical equipment vendors. For more information, go to www.KLASresearch.com, email marketing@KLASresearch.com or call 1-800-920-4109 to speak with a KLAS representative.


---
Press release service and press release distribution provided by http://www.24-7pressrelease.com


# # #

Press Release Keywords:
Read more Press Releases from Shawn Dickerson:
Other Press Release Headlines:

Press Release Service & Press Release Distribution News Supplied By 24-7PressRelease.com
Social Media:
Share or bookmark this story using Facebook, Twitter, Digg, and more.

Bookmark and Share
Press Release Contact Information:
Shawn Dickerson
KLAS

Communications Manager
630 Techonlogy Ave
Orem, UT
USA 84097
Voice: 801-734-6504
Fax: 801-377-6345
E-Mail: Email us Here
Website: Visit Our Website
Disclaimer:
If you have any questions regarding information in this press release, please contact the person listed in the contact module of this page. Please do not attempt to contact 24-7 Press Release. We are unable to assist you with any information regarding this release. 24-7 Press Release disclaims any content contained in this press release. Please see our complete Terms of Service disclaimer for more information.