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Growing Industrialization will Influence the Health Information Exchange Market Growth

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Health information exchange permits doctors, nurses, pharmacists, providers and patients to accurately and securely access and share any vital health information through Health information exchange with speed, safety, and quality.
Health information exchange infrastructure is being developed for data distribution and sharing
between providers and also to support the sharing of the health information records across providers
in various geographic regions of the country. Health information exchange will drive the sharing of
the data amongst the providers and health systems via the Nationwide Health Information Exchange
Network. HIMSS is actively engaged in the development of Health information exchanges and
HIMSS also provides a wide range of tools and statistical resources for interested professionals
across the globe in Health information exchange. Health information exchange permits doctors,
nurses, pharmacists, providers and patients to accurately and securely access and share any vital
health information through Health information exchange with speed, safety, and quality.
To access full report @ http://www.persistencemarketresearch.com/market-research/healthinformation-exchange-market.asp
Although Health information exchange is widespread available, a maximum number of medical
information is stored on paper. Sharing of these medical information happens through fax or emails
or by the patients themselves. Health information exchange can't substitute the patient-provider
communication, but it can surely increase the completeness of the patient’s records which will have
the patient's history, present medications, and other health-related information. Timely sharing of
important patient information can help in decision making in critical times. Patient information
transfer through Health information exchange can avoid readmissions, medication errors will
improve diagnoses and will even reduce duplicate testing. Like for example, if Lab results are
obtained electronically through health information exchange and incorporated into a provider’s
Electronic health records, a list of patients will directly be generated, the provider can schedule
necessary follow-ups with the patients and arrange appointments regarding medication.
Health Information Exchange Market: Dynamics
Health information exchange market has many driving factors at its end. Decentralized treatments
and increasing incidences of cardiac arrests will enhance the health information exchange market.
Health information exchange market is increasing due to the usefulness during the emergency cases
where the doctors need to know the patient's history and medications to start new treatments for any
new disease observed. Restraining factors of the Health information exchange market may be the
data breaches. Data breaches in the health information exchange can be dangerous as the data can
be obtained by anybody and can be mis-utilized. Health information exchange market is not
available at all hospitals and clinical laboratories across therefore it will not be available for all. The
main opportunity in the health information exchange market is that it can be integrated with
different operating systems at the hospitals, labs, and clinics. Health information exchange systems
can be integrated with revenue cycle management and core administration. Advanced technology
can pose to be the threat to the health information exchange market.
Health Information Exchange Market: Region-wise Outlook
North America has the largest market share of the health information exchange market, trailed by
Europe and Asia Pacific. The Greater share of the health information exchange market in North
America is attributed to the rising figures of accountable care organizations in US and Canada to
increase the healthcare facilities. Furthermore, Asia Pacific health information exchange market is
projected to grow at the highest growth rate.
A sample of this report is available upon request @
http://www.persistencemarketresearch.com/samples/16435
Health Information Exchange Market: Key Players
Allscripts Healthcare Solutions, Inc. (U.S.), Infor, Inc. (U.S.), Cerner Corporation (U.S.), NextGen
Healthcare Information Systems, Covisint Corporation (U.S), RelayHealth Corporation (U.S.),
Optum, Inc. (U.S.), Epic Corporation Inc. (U.S.), Orion Health (New Zealand) and eClinicalWorks
(U.S.) are selected key players in the health information exchange market globally.
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