Published in:
01-01-2014 | Editorial
Innovation & Market Consolidation Among Electronic Health Record Vendors: An Acute Need for Regulation
Authors:
J. Wanderer, P. Mishra, J. Ehrenfeld
Published in:
Journal of Medical Systems
|
Issue 1/2014
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Excerpt
Each week, electronic health records (EHRs) become more ubiquitous and an increasingly important part of our nation’s $2.7 trillion health economy [
1]. While the promises of increased efficiency, cross facility interoperability, and point-of-care benefits have been modestly fulfilled [
2,
3], it is clear that adoption of EHRs will only increase for the foreseeable future. However, tremendous market consolidation has resulted in a small number of programs obtaining a large share of installed systems. This effective monopoly by a group of vendors has stifled innovation and made disruptive innovation very difficult. In order to combat this problem, EHR vendors should be required to open systems up to allow for more clinical innovation. …