March 2, 2011 – A new report from Kalorama Information, a New York-based research firm, estimates the U.S. electronic health records market at nearly $15.8 billion and predicts it will rise to $31.9 billion in 2015.
The revenue figures cover software systems, consulting, installation fees and training, but not hardware. Kalorama estimates the EHR market grew 10.5 percent in 2009 and 13.6 percent in 2010, down from its previous estimates of 15 percent for both years. The firm attributes the lower growth to initial confusion over meaningful use requirements, and some market uncertainty around certification of EHR products.
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