himss analytics® - healthcare it state of the market 2016

PRESENTED BY

Matt Schuchardt Director of Market Intelligence Solutions

HIMSS16 State of the Market

Enabling better health through information technology.

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Healthcare IT Solutions

Healthcare Delivery Organizations

UNIQUELY POSITIONED TO DELIVER ACTIONABLE INFORMATION

Primary Drivers in the Global Healthcare Market

Cost Reduction Pressures

Source: Deloitte “2015 Global health care outlook”

“Growth Phase” of Total Health Expenditures

“Growth Phase”

Source: The Carlyle Group “2016 Global Healthcare Outlook”

Regional Market Drivers

Americas •Increasing volume of data •Shifting to consumer-centric

EMEA • Continued austerity • Need for analytics capabilities

AsiaPac • Increasing old-age dependency ratio • Infrastructure investment

If global GDP grows by 4.5% per year over the next decade, global

health spending would be expected to increase by about 6% per year

Source: The World Bank “World Economic Indicators Database 2015”

Global Health IT Market

CAGR = 6.44%

Source: Infiniti Research Limited: TECHNAVIO.COM Global Healthcare IT Spending Market, 2015-2019, 2015

Global HCIT Market Segments

$9.87 $10.39 $10.98 $11.65 $12.41

$17.39 $18.84 $20.55 $22.58 $24.95

$28.54 $30.10 $31.94 $33.98 $36.26

$32.48 $34.14

$36.15 $38.49

$41.13

2015 2016 2017 2018 2019

Hardware Software Telecommunications IT Services

Source: Infiniti Research Limited: TECHNAVIO.COM Global Healthcare IT Spending Market, 2015-2019, 2015

Impact of Government Incentive Programs in the US

2% 3% 6%

37%

67%

2007 2008 2009 2010 2011 2012 2013 2014 2015

ARRA Passed

ACA Signed

MU Payments

MU 2 Payments

HOSPITALS ACHIEVING HIMSS ANALYTICS® EMR ADOPTION MODEL™ STAGE 5

EMRAM Launched

2005

Data from HIMSS Analytics® LOGIC™

US Hospital IT Budgets

Data from HIMSS Analytics® LOGIC™

The Value of Scale

Health System Mergers and Impacted Hospitals & Practices

Data from HIMSS Analytics® LOGIC™

Revenue Cycle Wave Beginning?

Data from HIMSS Analytics® LOGIC™

Hospitals Planning Investment in Revenue Cycle Technologies

Value and Bundled Reimbursement Technology Infrastructure

71% 74% 65% 69%

39 67 37 39

2014 2015Hospital Using Contract Management Hospitals Using Medical Necessity Checking Content

Hospitals Buying CM Hospitals Buying MNCC Data from HIMSS Analytics LOGIC

Hospital Utilization and Investment Plans for Contract Management and Medical Necessity Content Checking

Healthcare organizations have a long way to go in regards to Analytics

Source: HIMSS Analytics® Clinical & Business Intelligence Study

Growing Market for Vendors with Understanding of BI

Poised for

Growth

Source: HIMSS Analytics® Clinical & Business Intelligence Study

Building the Technology Infrastructure for Population Health

15 17

27

46

29

51 53

71

2012 2013 2014 2015

US HEALTH SYSTEMS INVESTING IN COST ACCOUNTING AND EMPI

Replacing UpgradingData from HIMSS Analytics® LOGIC™

Managing the Patient Experience

225 225 213

10 8

9

200

205

210

215

220

225

230

235

240

2013 2014 2015

More than 1 Vendor More than 5 VendorsData from HIMSS Analytics® LOGIC™

Health Systems with Multiple Patient Scheduling Systems

2015 Breaches at Health Care Providers

Source: US Department of Health & Human Services Office for Civil Rights, Breach Portal

Increasing Risk from Hackers

Source: US Department of Health & Human Services Office for Civil Rights, Breach Portal

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