EHR Market Share Changes

When people think of EHRs, they often think of the major players in the industry like Epic and Cerner, and with good reason.  Both of these organizations gained share in 2017 across all sizes of hospitals.  While this isn’t particularly surprising, what’s interesting is who is out in the market looking for new systems to house and maintain their medical records.

Out of 216 hospitals that implemented a new system for health records last year, 80 percent of them had fewer than 200 beds.  In the space occupied by smaller hospitals, athenahealth, had the strongest year, signing more small hospitals than any other vendor.  These hospitals ended up being the smallest of the small, with all of them containing under 50 beds.

Having a cloud-based solution has helped athenahealth reach the hospitals that don’t want a massive increase in infrastructure.  Meditech has also taken advantage of this trend, and saw an increase in market share for the first time in three years with their software as a service platform, Expanse.

It’s certainly difficult for a large organization to uproot their entire records system, which makes the prospect of gaining smaller hospitals that much more alluring.  What’s important to recognize, though, is that these systems aren’t one size fits all, and require forethought and planning to best use them.

Extract believes that hospital systems should be using the EHR that fits them the best.  When we automate incoming documents, we have a wide range of experience in getting crucial data into whatever downstream system you’re interfacing with.  While we’ve already integrated with large EHRs like Epic and Cerner, we haven’t met an EHR yet that we can’t work with.

If you’d like to learn more about how we can automatically move data from your incoming documents to your EHR, reach out to us today.

About the Author: Chris Mack

Chris is a Marketing Manager at Extract with experience in product development, data analysis, and both traditional and digital marketing.  Chris received his bachelor’s degree in English from Bucknell University and has an MBA from the University of Notre Dame.  A passionate marketer, Chris strives to make complex ideas more accessible to those around him in a compelling way.