Hospitals are expected to increase their purchasing of health IT tools in 2016 as they seek to avoid federal meaningful use penalties and bolster their IT systems, according to a new report by HIMSS Analytics, Healthcare IT News reports (Miliard, Healthcare IT News, 1/27).
Under the 2009 economic stimulus package, providers who demonstrate meaningful use of certified electronic health records can qualify for Medicaid and Medicare incentive payments. Medicare-eligible professionals who do not meet the requirements for meaningful use are subject to payment adjustments to their Medicare reimbursements beginning in 2015 (iHealthBeat, 1/22).
For the report, researchers aimed to predict hospitals’ health IT purchasing plans for 2016. The data were generated using HIMSS Analytics’ new market intelligence tool, Logic.
Overall, the report identified five health technologies that are expected to see significant growth in the hospital buying market in 2016:
- Clinical data warehousing/mining, which is projected to see a 500% growth increase from 2015;
- Nurse staffing/scheduling systems, which are projected to see a 300% growth increase from 2015;
- Electronic data interchange/clearinghouse, which is projected to see a 200% growth increase from 2015;
- In-house transcription, which is projected to see a 200% growth increase from 2015; and
- Medical necessity checking content, which is projected to see a 200% growth increase from 2015 (Healthcare IT News, 1/27).
Meanwhile, the report predicted that the top five health technologies hospitals plan to adopt in 2016 are:
- Computerized provider order entry;
- Physician documentation systems;
- Nurse/staffing scheduling systems;
- Speech recognition software; and
- Clinical data warehousing/mining (HIMSS Analytics report, 1/11).
Matt Schuchardt, director of market intelligence solution sales at HIMSS Analytics, said more hospitals are expected to be adopting CPOE to avoid penalties under the meaningful use program.
Schuchardt also noted that many organizations plan to make substantial investments in analytics infrastructure, with 188 hospitals planning to make first time purchases of a clinical data warehouse in 2016, and 102 hospitals planning to upgrade their current data warehouses (Healthcare IT News, 1/27).