Report: HIE Market is Changing, Consolidating | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Report: HIE Market is Changing, Consolidating

July 17, 2012
by Gabriel Perna
| Reprints

A new report from the Framingham, Mass.-based IDC Health Insights looked at the evolution of the health information exchange (HIE) market, concluding the market’s focus is shifting. The study, IDC MarketScape: U.S. Health Information Exchange Platform Solutions 2012 Vendor Assessment, says the shift has gone from connecting the ecosystem to exchange data and qualify for meaningful use incentives, to turning data into "actionable information" that enables emerging accountable care or collaborative care initiatives.

This, according to the report, has led to additional market consolidation among HIE vendors. Since the last IDC report, seven HIE vendors have been acquired or merged and new, nontraditional players have entered the market including payers and telecommunication companies.

"The IT requirements for health information organizations and evolving care delivery and reimbursement models are too extensive for any one vendor to satisfy," Lynne Dubrack, program director for Connected Health IT Strategies at IDC Health Insights, said in a statement. "To address the business and technical requirements of accountable care, in addition to providing core HIE technologies, vendors are responding by developing, partnering, or acquiring analytics, collaborative care, and patient engagement technologies."

The reportevaluated 16 vendors that offer a platform solution for HIEs including AT&T, AxSys Technology, Caradigm, Carefx, Certify Data Systems, Covisint, dbMotion, IBM, Infor, InterSystems Corp., Medicity, OptumInsight, Oracle, Orion Health, RelayHealth, and Verizon.

According to the report, platform-as-a-service is set to play an important role in delivering HIE capabilities as vendors look to create an ecosystem of strategic partnerships. Platforms will evolve over time to meet the needs of customers and partners in the ecosystem, often through self development. In contrast, the report says, packaged solutions are designed to meet a very specific set of requirements.

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

MGMA: Physician Compensation Data Illustrates Nationwide PCP Shortage

Primary care physicians’ compensation rose by more than 10 percent over the past five years, representing an increase which is nearly double that of specialty physicians’ compensation over the same period, according to the Medical Group Management Association (MGMA).

Circulation, Buoy Health Collaborate on Integrated Platform for Patient Transportation

Boston-based startup Circulation Health, a ride-ordering exchange that coordinates medical transportation logistics using Lyft and other transportation partners, is partnering with Buoy Health, also based in Boston, to integrate their platforms to provide patients with an end-to-end healthcare experience.

HITRUST Provides NIST Cybersecurity Framework Certification

The Health Information Trust Alliance (HITRUST), security and privacy standards development and accreditation organization, announced this week a certification program for the National Institute of Standards and Technology's (NIST) Cybersecurity Framework (Framework).

Report: Interoperability in NHS England Faces Similar Barriers as U.S. Healthcare

Electronic patient record interoperability in NHS England is benefiting patient care, but interoperability efforts are facing barriers, including limited data sharing and cumbersome processes falling outside of the clinician workflow, according to a KLAS Research report.

Geisinger National Precision Health Hires Illumina Exec to Lead Business Development

Integrated health system Geisinger has hired a high-profile genetic counselor to head up business development for Geisinger National Precision Health, which was created to extend the Geisinger model on the national scene.

$30M VC Fund Launched to Spur Innovation in Cardiovascular Care

The American Heart Association, together with Philips and UPMC, has announced the launch of Cardeation Capital, a $30 million collaborative venture capital fund designed to spur healthcare innovation in heart disease and stroke care.