Report: Providers choosing best-of-breed over enterprise solutions for analytics

Providers are well aware of the need for big data and analytics solutions, however the market for such tools is still relatively immature, according to a report from Chilmark Research.

The market for analytics solutions is not small — more than 100 vendors currently offer big data tools and products. However, few EHR vendors currently have data analytics products capable of delivering long-term benefits, though many are quickly building out their solutions, according to the report.

The current lack of enterprise solutions for big data has been pushing providers to best-of-breed solutions. "It is currently a best-of-breed market, with providers adapting vendor solutions to meet a particular need created by a specific payment contract," according to the report.

The report suggests in addition to improving their analytics solutions, big EHR vendors may acquire the best-of-breed solutions that are currently capturing providers' attention and IT budgets.

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