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The Global Ambulatory EHR Market Is Driven By Increasing Healthcare Expenditure
The global ambulatory EHR market offers electronic health records for ambulatory care settings like private practices, urgent care clinics, and outpatient clinics. Ambulatory EHRs automate and streamline administrative and clinical tasks for healthcare providers. They allow providers to manage patient health records, schedule appointments, prescribe medications, and conduct billing and insurance tasks through a single software system. With digitized records, providers can conveniently access patient health histories, view test results, generate reports, and engage in telehealth consultations. Additionally, ambulatory EHRs facilitate compliance with regulations through clinical decision support, alerts for screening tests and medication reminders.
The Global Ambulatory EHR Market is estimated to be valued at US$ 9.98 Bn in 2024 and is expected to exhibit a CAGR of 6.6% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Global Ambulatory EHR Market include Allscripts Healthcare Solutions Inc., eMDs, Inc., Athenahealth Inc., Oracle Corporation, eClinicalWorks, Epic Systems Corporation, Greenway Health, LLC, Medhost, Medical Information Technology Inc., Nextgen Healthcare Information Systems LLC, CureMD, Mckesson Corporation, CoverMyMeds LLC, Crener Corporation, and NetSmart Technologies. Allscripts Healthcare Solutions Inc. specializes in clinical software, connectivity, information and financial solutions for physician practices and hospitals. Athenahealth Inc. offers practice management and electronic health record software for medical groups and health systems.
The growing Ambulatory EHR Market Size and emphasis on optimizing healthcare costs is driving the adoption of ambulatory EHR systems. Ambulatory EHRs enable streamlined operations, improved quality of care, and enhanced patient experiences through digitization of healthcare processes. They help reduce medical errors, facilitate care coordination between ambulatory and acute care settings, and minimize redundant tests.
Globally, there is a rise in new physician practices, freestanding emergency and urgent care centers, and outpatient specialty clinics. This is increasing the demand for scalable and flexible ambulatory EHR solutions that can support multi-specialty practices and accommodate fluctuations in patient volumes. Major EHR vendors are focusing on global expansion through partnerships, acquisitions and localization of their software to capitalize on international growth opportunities.
Market drivers
One of the major drivers for the global ambulatory EHR market is the shift towards value-based healthcare models. Governments and private payers are incentivizing providers to deliver high quality and coordinated care at lower costs. Ambulatory EHRs allow providers to track quality measures, performance benchmarks, and outcomes data essential for value-based reimbursement. Their clinical decision support, care plans and population health capabilities help improve patient outcomes and healthcare efficiency. This is encouraging healthcare organizations to adopt ambulatory EHRs to stay competitive in this transitioning healthcare landscape.
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