'Now that you have all this data, what do you do with it?' By now, everyone's got an EMR. And most providers are also making use of ancillary technologies to help harness patient data toward more efficient care and better outcomes. But many components of health IT are still surprisingly underused in the U.S. hospital market. "While the EMR market itself is pretty saturated, and usage has really improved since the HITECH Act, the challenge for hospitals and health systems is, now that you have all this data, what do you do with it?" says Matt Schuchardt, Director of Market Intelligence Solutions Sales at HIMSS Analytics. There's no shortage of technologies out there to help hospitals improve operations. But it may surprise you to realize how relatively untapped they often still are. HIMSS Analytics LOGIC keeps tabs on all manner of IT products, and its list of the tools with biggest positive growth potential points to where the market will be heading in the coming years. This deck will provide you a high level overview of the State of the Market. We encourage you take part in a webinar with the full presentation on the topic from Matt Schuchardt on May 2nd at 2pm EST. Sign up for the webinar through the HIMSS Learning Center here: http://ow.ly/10szOD

1. PRESENTED BY
Matt Schuchardt
Director of Market Intelligence Solutions
HIMSS16 State of the Market

2. Enabling better health through information technology.

3. HIMSS Analytics ®
Advisory Solutions
» Custom Research
» Syndicated
Research -
Essentials Briefs
» Maturity Model
Education
Certification
HIMSS Analytics®
LOGIC™
» HIT Adoption
» Market Opportunity
» Market Share
» Contacts
» Benchmarking
HIMSS Analytics ®
CapSite™ Database
» Pricing
» Packaging
» Positioning
» Contract Terms
HEALTHCARE’S MOST COMPREHENSIVE MARKET
INTELLIGENCE RESOURCES & ADVISORY SOLUTIONS
HIMSS Analytics ®
Advisory Services
» Healthcare
Organization
Benchmarking
» Advisory Services
for Providers
» Certified Educator
Programs for
Vendors

4. Healthcare IT
Solutions
Healthcare
Delivery
Organizations
UNIQUELY POSITIONED TO DELIVER
ACTIONABLE INFORMATION

5. Primary Drivers in the Global Healthcare Market
Cost
Reduction
Pressures
Source: Deloitte “2015 Global health care outlook”

6. “Growth Phase” of Total Health Expenditures
“Growth Phase”
Source: The Carlyle Group “2016 Global Healthcare Outlook”

7. Regional Market Drivers
Americas
•Increasing volume of data
•Shifting to consumer-centric
EMEA
• Continued austerity
• Need for analytics capabilities
AsiaPac
• Increasing old-age dependency ratio
• Infrastructure investment

8. If global GDP grows by 4.5% per
year over the next decade, global
health spending would be expected
to increase by about 6% per year
Source: The World Bank “World Economic Indicators Database 2015”

9. Global Health IT Market
CAGR = 6.44%
Source: Infiniti Research Limited: TECHNAVIO.COM Global Healthcare IT Spending Market, 2015-2019, 2015

10. Global HCIT Market Segments
$9.87 $10.39 $10.98 $11.65 $12.41
$17.39 $18.84 $20.55 $22.58 $24.95
$28.54 $30.10
$31.94
$33.98
$36.26
$32.48
$34.14
$36.15
$38.49
$41.13
2015 2016 2017 2018 2019
Hardware Software Telecommunications IT Services
Source: Infiniti Research Limited: TECHNAVIO.COM Global Healthcare IT Spending Market, 2015-2019, 2015

11. Impact of Government Incentive Programs in the US
2% 3%
6%
37%
67%
2007 2008 2009 2010 2011 2012 2013 2014 2015
ARRA
Passed
ACA
Signed
MU
Payments
MU 2
Payments
HOSPITALS ACHIEVING HIMSS ANALYTICS® EMR ADOPTION MODEL™ STAGE 5
EMRAM
Launched
2005
Data from HIMSS Analytics® LOGIC™

12. US Hospital IT Budgets
Data from HIMSS Analytics® LOGIC™

13. The Value of Scale
Health System Mergers and Impacted Hospitals & Practices
Data from HIMSS Analytics® LOGIC™

14. Revenue Cycle Wave Beginning?
Data from HIMSS Analytics® LOGIC™
Hospitals Planning Investment in Revenue Cycle Technologies

15. Value and Bundled Reimbursement Technology Infrastructure
71% 74%
65%
69%
39 6737 39
2014 2015
Hospital Using Contract Management Hospitals Using Medical Necessity Checking Content
Hospitals Buying CM Hospitals Buying MNCC
Data from HIMSS Analytics LOGIC
Hospital Utilization and Investment Plans for
Contract Management and Medical Necessity Content Checking

16. Healthcare organizations have a long way to go in regards to Analytics
Source: HIMSS Analytics® Clinical & Business Intelligence Study

17. Growing Market for Vendors with Understanding of BI
Poised
for
Growth
Source: HIMSS Analytics® Clinical & Business Intelligence Study

18. Building the Technology Infrastructure for Population Health
15 17
27
46
29
51 53
71
2012 2013 2014 2015
US HEALTH SYSTEMS INVESTING IN
COST ACCOUNTING AND EMPI
Replacing Upgrading
Data from HIMSS Analytics® LOGIC™

19. Managing the Patient Experience
225 225 213
10 8
9
200
205
210
215
220
225
230
235
240
2013 2014 2015
More than 1 Vendor More than 5 Vendors
Data from HIMSS Analytics® LOGIC™
Health Systems with Multiple Patient Scheduling Systems

20. 2015 Breaches at Health Care Providers
Source: US Department of Health & Human Services Office for Civil Rights, Breach Portal

21. Increasing Risk from Hackers
Source: US Department of Health & Human Services Office for Civil Rights, Breach Portal

24. Better knowledge. Better analysis. Better decisions.
We deliver better.

25. WEB: www.himssanalytics.org
TWITTER: @himssanalytics
LINKEDIN: linkedin.com/company/himssanalytics
HIMSS ANAYLTICS
Market Intelligence Solutions
info@himssanalytics.org
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26. THANK YOU