There seems to be no slowing down when it comes to health IT and digitization. It was recently reported that health IT spending is expected to reach $1.7 trillion by 2025, with big data and telemedicine leading the pack in the races for funding. And while these may seem like uncertain times in the new administration there may be some silver linings for healthcare providers as they look to the future. Read our latest health IT round up to find out how industry executives believe providers can set themselves up for success in the coming years.
Federal Health IT Spending Expected to Reach $1.7 Trillion by 2025
According to a new report from Deltek called the Federal Health Information Technology Market 2016-2021, health IT spending is estimated to grow 86% to an astounding $1.7 trillion by 2025. Some of these things driving health IT growth include Electronic Health Record (EHR) investments, a focus on big data, and changes in policy and legislation as it relates to population health. You can read more here.
Telemedicine and Big Data Leading the Race for Health IT’s Billions
Last year, it was reported that an astounding $8 billion was invested in over 500 startups and investments in health IT don’t seem to be slowing down. Despite uncertainties with the new administration, experts believe that venture capital funding in health IT will continue to remain strong – specifically within the areas of data analytics, telemedicine and population health. Continue reading to find out more.
What 5 Health IT Leaders View as Success in the New Administration
On January 20, President Donald Trump signed an executive order to reduce the economic burden of the Affordable Care Act (ACA). What will these potential changes mean for the industry and how can healthcare providers make the best of it? Here, five health IT company executives discuss the keys to success for hospitals and healthcare providers as we look ahead in the new administration.
Health IT Educational Opportunities Abound on HIMSS17 University Row
What is University Row? HIMSS, the biggest show of the year featuring health IT trends and insights from leaders across the row, will be showcasing over 20 institutions of higher education at a special exhibit where students and prospective can learn about health information technology programs. You can out more about University Row here.