New Study Suggests Physicians' Goal in EHR Investment is Improved Efficiency Over Incentives

Tags: CapSite | efficiency | electronic health records | stimulus funding

A study published by CapSite, a healthcare technology research and advisory firm, suggests physicians' purchases of electronic health records are largely driven by the goal of making their practices more efficient and not receiving stimulus funding under the American Recovery and Reinvestment Act, according to a CapSite news release.

The "2010 U.S. Ambulatory EHR and Practice Management Study" surveyed more than 2,000 groups across the country. Researchers say the ambulatory EHR market is on pace to more than double purchasing activity from 2009, and the market opportunity for ambulatory EHRs is in excess of $3 billion over the next 24 months, according to the report.

Under the Health Information Technology for Economic and Clinical Health component of the ARRA Act, healthcare providers will be awarded financial incentives for adopting and demonstrating meaningful use of EHRs.

Read the CapSite news release about the "2010 U.S. Ambulatory EHR and Practice Management Study."

Read other coverage about electronic health records:

- Survey Shows Patients' Biggest Concern is Access to Electronic Health Records

- HHS Awards $84M in Grants for EHR and HIT Adoption

- CHW Devotes Additional $400M to Expand EHR Rollout

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