Healthcare IT in the United States is growing rapidly, and according to Frost & Sullivan, the healthcare cloud market is one of the fastest growing. According to the report, cloud market penetration will increase 10%-30% through 2020 as healthcare systems look to increase efficiency in data management, storage, collection, and sharing. What this ultimately equates to is a growth from a $903.1 million market in 2013, to roughly $3.54 billion by 2020.
The survey identified major drivers of healthcare big data, as well as limitations:
- Increase of Government initiatives for EHR and health information sharing
- Rise of chronic disease management & remote patient monitoring
- Conversion of capital expenses to operational expenses
- Questionable reliability of cloud service providers in meeting provisions of service level agreements
- Lack of standardization in legacy systems leads to cumbersome & expensive data migration efforts
- Concerns on management of safety & security of patient healthcare information
An interesting point is brought up in the availability of tech support for cloud services from their providers. Has your healthcare organization invested in a healthcare cloud system? For the report, click here.