Black Book Rankings, well known internationally for accurate, impartial customer satisfaction surveys in the services and software industries, conducted a sweeping four month user poll to determine the highest ranked Electronic Health and Medical Record organizations for 2011. As part of a special research focus on several specialty physician EMR users, Black Book announced those vendors with the highest scores in customer experience in the areas of Document Management, Practice Administration and Revenue Cycle Management, E-Prescribing, and Accessibility.
The EMR market is expected to grow an average of nearly 20% annually, primarily because of the government's meaningful use incentive program, but the marketplace has become quite crowded, and overall usability is the main factor that will keep vendors competitive.
The electronic medical record market is expected to increase to $6.1 billion by 2015, up from $2.2 billion in 2009, according Black Book Research. There are more than 1,000 EMR providers in the market.
ADP AdvancedMD, headquartered in Salt Lake City, UT, captured the 2011 top honors in customer experience and satisfaction among all EMR systems for OB GYN practices. Other top performers in the OB GYN clinic and surgical settings include: Ingenix, Nuesoft, SuiteMed, GE Centricity and Greenway Medical.
"High performing OB GYN EMR vendors are emerging from the pack as practice implementations succeed and fail,"announced Doug Brown, Managing Partner of Black Book Rankings.
Black Book Rankings surveyed over 30,000 healthcare records professionals, physician practice administrators, and hospital leaders in the information technology arenas to provide EMR users, media, investors, quality minded vendors, and prospective buyers of EMR/EHR software with a comprehensive comparison of the industry's top respected and performing vendors. Black Book Rankings employs detailed key performance indicators targeted at ensuring high product and service performance through comparing vendors from the customer experience.
EMR is a part of healthcare information technology that is used to make paperless computerized patient data in order to increase efficiency of hospital systems and reduce chances of errors in medical records. A substantial growth rate (more than 16%) of the U.S. healthcare IT spending and the government initiatives towards development of a nationwide healthcare information network are expected to push EMR implementation across the healthcare sector in the U.S. The rising demand for the healthcare cost containment and need to improve the quality of healthcare service are driving the growth of the EMR market in the U.S. The U.S. EMR market is expected to grow from $2.2B in 2009 to $6.1B in 2015 at an estimated CAGR of 18.1% during the forecast period 2010-2015.
Web-based EMR systems are gaining traction with smaller healthcare practices and private physician practices due to lower implementation costs, the report stated, while hospitals and other large healthcare practices typically use client-server based EMR systems, which comprise roughly 76 percent of the EMR software market. The development of interoperable EMR solutions is also the biggest focus among companies in the market.
Though large-sized healthcare practices prefer on-site/client-server based EMR systems, web-based EMR solutions or ASP models are gaining higher popularity within the small sized healthcare practices and private physician offices.
For comprehensive research and ranking data, http://www.blackbookrankings.com