The growth of the U.S. ambulatory EHR market is driven by the increasing government support for the adoption of EHR solutions, patients’ increasing preference for ambulatory care over in-patient care, and healthcare organizations’ growing need to reduce operating costs. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) technologies and the changing technological landscape in developing countries are expected to offer significant growth opportunities for market players.
This article explores the rising adoption of EHR solutions due to their advantages.
Increasing Government Support for the Adoption of EHR Solutions
The U.S. government is promoting the adoption of EHR solutions due to their various advantages over traditional paper-based health records, which has led to the widespread implementation of EHR. Both patients and ambulatory practices benefit from EHR adoption due to enhanced patient treatment, improved care coordination, faster access to records, greater efficiency in practice, savings through decreased paperwork, increased patient participation & transparency, and improved diagnostic and patient outcomes resulting from accurate prescribing.
According to the National Coordinator for Health Information Technology, as of 2021, around 9 out of 10 (88%) U.S. office-based physicians had adopted an Electronic Health Record (EHR) solution, and nearly 4 in 5 (78%) had adopted a certified EHR solution. Moreover, the U.S. government is undertaking various initiatives to implement EMR/EHR in various healthcare facilities, which is further expected to create awareness among ambulatory centers in the U.S., driving EHR adoption among outpatient centers across the U.S.
Patients’ Increasing Preference for Ambulatory Care over
In-patient Care in the U.S.
Many patients prefer outpatient care over in-patient care due to its convenience. The adoption of ambulatory EHRs has increased drastically over the last decade due to outpatient treatments becoming the preferred option for most patients. The number of Ambulatory Surgery Centers (ASCs) in the U.S. has increased steadily over the last decade, with over 6,377 ASCs operating in the U.S. as of August 2024. An ambulatory surgery center allows patients to be discharged within 23 hours of care, reducing the risk of hospital-acquired infections. The overall cost of care in ambulatory settings is lower for both patients and payers due to lower costs of staffing, space, and supplies. These factors have led to the proliferation of ambulatory care centers in the U.S. Moreover, patients have increasingly opted for ambulatory care in the last few years.
The shift toward ambulatory care is mainly attributed to advances in clinical technology, healthcare systems’ shift toward value-based care, faster patient recovery, and shorter hospital stays in ambulatory care settings. Furthermore, many outpatient facilities are being expanded to cater to the increasing number of patients. These facilities are more accessible and convenient for patients. Since the services offered in ambulatory care centers and outpatient clinics are limited, these facilities charge less than hospitals, further supporting the shift in patients’ preference toward ambulatory care.
As a result, larger health systems and networks are keen on acquiring outpatient facilities to retain their patients and improve referral networks. Larger healthcare networks are also increasing outpatient budgets, leading to the introduction of technologies such as EHR and telehealth systems. Thus, patients’ increasing preference for ambulatory care over in-patient care is increasing the adoption of ambulatory EHRs, driving the growth of this market.
Integration of Artificial Intelligence and Machine Learning Technologies
Electronic Health Records (EHRs) are a digital collection of all sources of patient data consolidated into a single database that includes medical histories, data related to treatments, diagnoses, prescriptions, allergies to medications or foods, immunization records, images generated laboratories, and test results. The primary aim of implementing EHR is to enhance patient care through improved treatment quality. The integration of artificial intelligence and machine learning into EHR solutions is expected to help achieve this goal.
Unlocking Ambulatory EHR: Insights from U.S. Ambulatory EHR Market Analysis
Recent insights from Meticulous Research® provide valuable perspectives on the future trajectory of the U.S. ambulatory EHR market. Projections suggest a potential worth of $3.97 billion by 2031, driven by a Compound Annual Growth Rate (CAGR) of 5.8% from 2024 to 2031.
Notably, key industry players, including Greenway Health (U.S.), CureMD Healthcare (U.S.), AdvancedMD, Inc. (U.S.), and Revvity, Inc. (U.S.), have established a broad presence across the U.S., leading to the widespread adoption of ambulatory EHR. This comprehensive overview from Meticulous Research serves as a gateway into the U.S. Ambulatory EHR market.
Conclusion
Government support for the adoption of EHR solutions, coupled with patients' growing preference for ambulatory care over in-patient care, has contributed to the increased use of EHRs across the country. Additionally, the rising need for healthcare organizations to reduce operating costs has further boosted the significance and recognition of EHR systems.
Access Full Report Here @ https://www.meticulousresearch.com/product/us-ambulatory-ehr-market-5609
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