2009 began with a bang for legacy Electronic Health Record (EHR) vendors, promising strong sales and windfall profits on the heels of stimulus package incentive bonuses initially worth more than $19 billion to doctors and hospitals. But things changed dramatically along the way.
Here ten surprises and notable events that have impacted the EHR market:
Payment for Meaningful Use of EHR technology, not for the software and hardware itself.
The idea that using EHR technologies ought to produce improvements in quality of care, better communication with patients, enhanced safety, and better public health reporting — and that these outcomes ought to be monitored and providers held accountable for their achievement — was itself a surprising innovation in 2009. It has to be counted among the best 10 health care ideas to come out of government in the past generation.Continue reading…