Healthcare Computer System Markets and Trends In HIT Buying (Forecasts for System, Service and Support Revenues, Areas of Interest, Major Competitor Profiles)

Publication Date	August 2009
Publisher	Kalorama Information
Product Type	Report
Pages	125
ISBN Number	not applicable
Product Code	KAL00175

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Summary

The healthcare information technology (HIT) market was in a growth trend prior to the recent recession. While economic times have tightened budgets some, there is still opportunities for companies in this market.
In this report, Kalorama takes a comprehensive look at the demand for IT products in the healthcare market - with a focus on computer systems for hospitals, nursing homes, physician offices and other healthcare entities. Kalorama has interviewed experts in the HIT industry and presents the latest findings on where the industry is headed. There is tremendous excitement in HIT given the commitment to healthcare investment among healthcare entities and some of the Obama Administration incentive programs; but there is also increased competition. Included in the report is the following:

Current Market Size and Forecast for:

Hospital Computer System Market
Nursing Home Computer System Market
Other Healthcare Entity Computer System Market

Market Breakdown by

System Revenue (Hardware & Software)
Support Revenue
Extra Service Revnue

System Market Breakdown: Hardware and Software

Profile of Companies
Key Products in the Market
HIMSS Status of IT Buying in 2009
Most Sought Benefits for IT Purchases
Impact of EMR incentives

The healthcare industry includes establishments ranging from small private practices of physicians with only one medical assistant to large city hospitals that employ thousands of professionals.
Vendors are a vital part of shaping this industry. Having the competitive intelligence is just one part of advancing this industry. Participants need to be ever vigilant of the economic pulse and the government's role in healthcare to properly meet the challenges facing the industry today and in the future.

Included in the report are statistics influencing the industry, demographics; life expectancy, and company strategies. Information is presented as a global market, with a emphasis on the U.S. market. A market summary includes a total market analysis. Also included is a competitive analysis of leading healthcare IT system providers.
The information for this report was gathered using both primary and secondary research including comprehensive research of secondary sources such as company literature, databases, investment reports, and medical and business journals. Telephone interviews and email correspondence were the primary method of gathering information. For the purpose of this study, Kalorama Information conducted interviews with more than 10 key industry officials, consultants, health care providers, and government personnel. These sources were the primary basis in gathering information specifically relating to revenue and market share data presented in this report. Additional interviews were completed with relevant company representatives including marketing directors, division managers, and product representatives.

Content

CHAPTER ONE: EXECUTIVE SUMMARY
- Industry at a Glance
- Scope and Methodology
- Size and Growth of the Market
- Key Issues and Trends Affecting the Market
- Leading Market Participants
CHAPTER TWO: INDUSTRY OVERVIEW
- Overview of Healthcare Computer Systems
- Industry Terminology
- Industry Structure
- Hospitals
- U.S. Hospital Chains
- Consolidation in the Industry
- Technology Adoption in Hospitals
- Physicians
- Number of Physicians
- Technology Adoption by Physicians
- Nursing Homes
- Technology Adoption by Nursing Homes
- Pharmacies
- Technology Adoption by Pharmacies
- Medical and Diagnostic Laboratories
- Technology Adoption by Laboratories
- The Healthcare Industry
- European Union and Asia-Pacific Markets
- The US Market
- The Value Chain of the Healthcare Industry
- Components of Healthcare Information Systems
- Organization
- Administrative System Components
- Laboratory System Components
- Radiology System Components
- Pharmacy System Components
- Computerized Physician Order Entry
- Clinical Documentation
- Flow of Patient Data across Various Components
- Hardware Examples
- Distribution
- Regulatory Bodies and Societies
- United States Department of Health and Human Services
- Health Insurance Portability and Accountability Act (HIPAA)
- Health Level Seven
- Federal Communication Commission
- Wireless Telecommunications Bureau
- Healthcare Information and Management Systems Society
- Health Industry Business Communications Council
- The Joint Commission
- Nationwide Health Information Network (NHIN)
- Health Information Exchange (HIE)
- Industry Initiatives
- Need for Regulation in Changing Environments
- Demographic Trends
- US Demographics
- Population Over Age 65
- World Demographics
CHAPTER THREE: LEADING MARKET PARTICIPANTS
- Overview
- Cerner Corporation
- Company Overview
- Performance Review
- Key Acquisitions, Alliances, and Partnerships
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- Cisco Systems, Inc
- Company Overview
- Performance Review
- Key Acquisitions, Alliances, and Partnerships
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- Computer Programs and Systems, Inc
- Company Overview
- Performance Review
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- Eclipsys Corporation
- Company Overview
- Performance Review
- Key Acquisitions, Mergers, and Partnerships
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- Epic Systems Corporation
- Company Overview
- Performance Review
- Key Acquisitions, Alliances, and Partnerships
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- Locations
- GE Healthcare
- Company Overview
- Performance Review
- Key Acquisitions, Alliances, and Partnerships
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- McKesson Corporation
- Company Overview
- Performance Review
- Key Acquisitions, Alliances, and Partnerships
- Products and Service
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- Medical Information Technology, Inc. (MediTech, Inc.)
- Company Overview
- Performance Review
- Key Acquisitions, Alliances, and Partnerships
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- Quadramed Corporation
- Company Overview
- Performance Review
- Key Acquisitions, Alliances and Partnerships
- Products and Services
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
- Siemens Healthcare
- Company Overview
- Performance Review
- Key Acquisitions, Alliances, and Partnerships
- Products and Service
- Key Competitors
- Key Executives
- Growth Strategy
- New Development
- Locations
CHAPTER FOUR: MARKET TRENDS AND SUMMARY
- Market Overview
- End-User Markets
- Hospitals and Clinics
- Home Healthcare and Nursing Homes
- Competitive Analysis
- Revenues By Type
- Systems
- Support
- Services
CHAPTER FIVE: INDUSTRY TRENDS
- Overview
- Information Technology (IT) Budget Outlook
- Budget Increases
- Budget Decreases
- Industry Challenges Forcing IT Implementation
- Reprioritizing Spending
- CPOE and Bedside Matching
- Vendor As LenderPrograms
- Nudge Approach to Healthcare System Investment
- Emphasis on Reducing Hospital Days
- Nursing Shortage
- Cost Effectiveness
- Technology Adoption Issues
- Health Information Technology and American Investment and Recovery Act of 2009 (ARRA)
- Trends in Technology
- Wireless in the Healthcare Setting
- Adoption of the Electronic Medical Record
- Remote Patient Monitoring
- Telemedicine
- E-Prescription
- Medical Tablet PC
- Patient/Asset Tracking
- Need of RFID
- Benefits of RFID in Healthcare
- Bar Code Label Requirements and Technology Demands
- Examples of Implemented Technologies
- St. Clair Hospital-Pittsburgh, Pennsylvania
- Provena St. Joseph Medical Center-Joliet, Illinois
- Vanderbilt Medical Center-Nashville, Tennessee
- Good Samaritan Hospital-Vincennes, Indiana
- Memorial Medical Center-Springfield, Illinois
- Bethesda Children's Hospital-Meadville, Pennsylvania
- London Health Sciences Centre-London, Ontario and
- St. Joseph's Health Care-London, Ontario
- APPENDIX
- LIST OF MAJOR COMPANIES
- List of Tables
- TABLE OF EXHIBITS
CHAPTER ONE: EXECUTIVE SUMMARY
- List of Tables
- Table 1-1: Global Market for Healthcare Computer Systems, 2006-2013
- List of Figures
- Figure 1-1: Global Market for Healthcare Computer Systems, 2006-2013
CHAPTER TWO
- INDUSTRY OVERVIEW
- List of Tables
- Table 2-1: U.S. Registered Hospitals by Type, 2007
- List of Figures
- Figure 2-1: Number of Hospitals in the US, 1975-2005
- List of Tables
- Table 2-2: Leading For-Profit U.S. Hospital Chains, 2008-2009
- List of Figures
- Figure 2-2: Number of Hospital Mergers in the US, 1998-2007
- List of Tables
- Table 2-3: Segmentation of Physicians in the US*
- List of Figures
- Figure 2-3: Number of Nursing Homes, 2000-2006
- Figure 2-4: Number of Pharmacies and Drug Stores, 2000-2006
- Figure 2-5: Number of Medical and Diagnostic Laboratories, 2000-2006
- Figure 2-6: By Sector Contribution to the U.S. GDP
- Figure 2-7: The US Healthcare Spending (2005-2017)
- Figure 2-8: Value Chain of the Healthcare Industry
- List of Tables
- Table 2-4: The U.S. Population, 1980-2020
- List of Figures
- Figure 2-9: The US Population, 1980-2020
- List of Tables
- Table 2-5: Percent U.S. Population Over Age 65 by Year
- List of Figures
- Figure 2-10: Estimated Population by Age Group, 2000 and 2050
- List of Tables
- Table 2-6: The World Population, 1980-2020
- List of Figures
- Figure 2-11: The World Population, 1980-2020
CHAPTER THREE: LEADING MARKET PARTICIPANTS
- List of Tables
- Table 3-1: Corporate Details of Cerner Corporation
- Table 3-2: Financial Details of Cerner Corporation 2006-2008 ($millions)
- List of Figures
- Figure 3-1: Cerner Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-3: Key Executives of Cerner Corporation
- List of Figures
- Figure 3-2: Cerner Research and Development Expenditures 2006-2008 ($millions)
- List of Tables
- Table 3-4: Corporate Details of Cisco Systems, Inc
- Table 3-5: Financial Details of Cisco Systems 2006-2008 ($millions)
- List of Figures
- Figure 3-3: Cisco Systems Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-6: Key Executives of Cisco Systems
- List of Figures
- Figure 3-4: Cisco Systems Research and Development Expenditures 2006-2008 ($billions)
- List of Tables
- Table 3-7: Corporate Details of Computer Programs and Systems, Inc
- Table 3-8: Financial Details of CPSI 2006-2008 ($millions)
- List of Figures
- Figure 3-5: CPSI Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-9: Key Executives of CPSI
- Table 3-10: Corporate Details of Eclipsys Corporation
- Table 3-11: Financial Details of Eclipsys 2006-2008 ($millions)
- List of Figures
- Figure 3-6: Eclipsys Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-12: Key Executives of Eclipsys Corporation
- List of Figures
- Figure 3-7: Eclipsys Research and Development Expenditures 2006-2008 ($millions) 86
- List of Tables
- Table 3-13: Corporate Details of Epic Systems, Inc
- Table 3-14: Financial Details of Epic (estimated) 2006-2008 ($millions)
- List of Figures
- Figure 3-8: Epic (estimated) Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-15: Key Executives of Epic Corporation
- Table 3-16: Corporate Details of GE Healthcare
- Table 3-17: Financial Details of GE Healthcare 2006-2008 ($millions)
- List of Figures
- Figure 3-9: GE Healthcare Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-18: Key Executives of GE Healthcare
- List of Figures
- Figure 3-10: GE-funded Research and Development Expenditures 2006-2008 ($millions)
- List of Tables
- Table 3-19: Corporate Details of McKesson Corporation
- Table 3-20: Financial Details of McKesson Corporation 2007-2009 ($millions)
- List of Figures
- Figure 3-11: McKesson Corporation (Technology Solutions Business Segment) Revenues 2007-2009 ($millions)
- List of Tables
- Table 3-21: Key Executives of McKesson Corporation
- List of Figures
- Figure 3-12: McKesson Research and Development Expenditures 2007-2009 ($millions)
- List of Tables
- Table 3-22: Corporate Details of Medi-Tech Inc
- Table 3-23: Financial Details of MediTech 2006-2008 ($millions)
- List of Figures
- Figure 3-13: MediTech Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-24: Key Executives of MediTech
- Table 3-25: Corporate Details of QuadraMed Corporation
- Table 3-26: Financial Details of QuadraMed 2006-2008 ($millions)
- List of Figures
- Figure 3-14: QuadraMed Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-27: Key Executives of QuadraMed
- List of Figures
- Figure 3-15: QuadraMed Research and Development Expenditures 2006-2008 ($millions)
- List of Tables
- Table 3-28 :Corporate Details of Siemens Healthcare
- Table 3-29: Financial Details of Siemens Healthcare 2006-2008 ($millions)
- List of Figures
- Figure 3-16: Siemens Healthcare Revenues 2006-2008 ($millions)
- List of Tables
- Table 3-30: Key Executives of Siemens AG
- List of Figures
- Figure 3-17: Siemens AG Research and Development Expenditures 2006-2008 ($millions)
CHAPTER FOUR: MARKET TRENDS AND SUMMARY
- List of Tables
- Table 4-1: Global Market for Healthcare Computer Systems, 2006-2013
- List of Figures
- Figure 4-1: Global Market for Healthcare Computer Systems, 2006-2013
- List of Tables
- Table 4-2: The Global Market for Healthcare Computer Systems, by End User 2006-2013
- List of Figures
- Figure 4-2: The Global Market for Healthcare Computer Systems, by End User Type 2006-2013
- Figure 4-3: The Global Market for Healthcare Computer Systems, by End User Type 2008
- Figure 4-4: The Global Market for Healthcare Computer Systems, by End User Type 2013
- List of Tables
- Table 4-3: Revenues and Market Share of Healthcare Computer System Providers 2008
- List of Figures
- Figure 4-5: Revenues and Market Share of Healthcare Computer System Providers 2008
- List of Tables
- Table 4-4: Global Market for Healthcare Computer Systems by Type, 2006-2013 (System Sales, Support & Maintenance, Services)
- List of Figures
- Figure 4-6: The Global Market for Healthcare Computer Systems, by Type 2006-2013 (System Sales, Support & Maintenance, Services
- Figure 4-7: The Global Market for Healthcare Computer Systems, by Type 2008
- Figure 4-8: The Global Market for Healthcare Computer Systems, by Type 2013
- Figure 4-9: The Global Market for Healthcare Computer Systems, System Sales by Software and Hardware Segments 2008
CHAPTER FIVE: INDUSTRY TRENDS
- List of Figures
- Figure 5-1: Estimated Implementation of IT related Technologies and Applications in Developed Regions, (includes both completed and in-progress systems) 146
- Figure 5-2: Projected Changes in the IT Budget, 2009
- Figure 5-3: Reasons for Increase in the IT Budget, 2009
- Figure 5-4: Reasons for Decreases in the IT Budget, 2009
- Figure 5-5: IT Priorities of Healthcare Organizations in the US, 2005-2008
- Figure 5-6: Increased in Medications Dispensed Electronically in Typical Hospital, AHA Survey
- List of Tables
- Table 5-1: National Health Expenditure Amounts, by Type of Expenditure: Calendar Years 2001-2015
- Table 5-1: National Health Expenditure Amounts, by Type of Expenditure: Calendar Years 2001-2015 157
- Table 5-2: Per Capita Healthcare Expenditures, 2001-2015
- Table 5-3: RFID Application in Healthcare
- APPENDIX: LIST OF MAJOR COMPANIES