Healthcare Providers in India to Spend $1.2 Billion on Information Technology

Indian healthcare providers to spend $1.2 billion on information technology (IT) products and services this year, which is an increase of 3.4 percent over 2015, according to a new report.

"Healthcare spending is expected to reach $339 million in 2016, growing 5.2 percent over 2015," said Moutusi Sau, principal research analyst at a global market research firm Gartner.

VHA Plays Leading Role in Health Information Technology Implementation and Research
With an increasing reliance on technology in medical practices, the Veterans Health Administration (VHA) is aiming to become a leader in using health information technology (HIT).

‘Healthcare spending on information technology (IT) products and services is expected to reach $339 million in 2016, growing 5.2 percent over 2015.’

Tweet it Now

IT services, which includes consulting, software support, implementation, hardware, IT outsourcing (ITO) and business process outsourcing (BPO), will continue to be the largest overall spending category within the healthcare providers sector.

"The BPO sub-segment will record the fastest growth rate of 15.4 percent over 2015. ITO will be the largest sub-segment in IT services recording a 7.5 percent increase in 2016 to reach $107 million in 2016," Sau added.

The software market will grow 6 percent in 2016 to reach $106 million, up from $100 million in 2015. Infrastructure will grow 4.5 percent in 2016 to reach $43 million.

To Fulfill Promise of Health Information Technology More Changes in Health Care Needed
According to a new analysis, despite wide investments nationally in electronic medical records the cost-saving promise of health information technology has not been reached.

The forecast includes spending by healthcare providers (includes hospitals, hospital systems, nursing and residential care and university hospitals) on internal services, software, IT services, data center systems, devices and telecom services for 43 countries.

How to Make Health Information Technology More Patient-Centered
Technology for personal health information needs to be designed with the patient in mind.

Source-IANS

Managing Health Information Technology a Key to Better Future
More than three-quarters of U.S. hospitals and half of outpatient practices have installed electronic health record systems.