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 Top Trends in Health IT from HIMSS16 

  • March 2016
  • -
  • Frost & Sullivan
  • -
  • 52 pages

Summary

Table of Contents

Top Trends in Health IT from HIMSS16 : Population Health, Analytics, Cybersecurity, Interoperability and Other Factors Changing the Landscape of Healthcare

The 2016 HIMSS Annual Conference and Exhibition, a key event for the health IT industry, held in Las Vegas, provided a comprehensive overview of the state of the market from the perspective of various stakeholders, including health IT vendors, healthcare providers, and government regulators. The topics and tone of the HIMSS annual meeting can be leveraged as a reliable harbinger for what’s in store for health IT for the coming year. Frost & Sullivan presents a summary of highlights, opinions, and analyst market predictions emerging from this signature industry event.

This report includes –
- A high-level overview of the conference, including notable announcements and vendor news
- Frost & Sullivan analyst views on three recent HIMSS surveys unveiled at the meeting - the HIMSS Annual Leadership Survey, the HIMSS Connected Care Survey, and the HIMSS Cost Accounting Survey
- Top 10 industry trends analyst analysis
- Key vendors to watch in each of the identified top 10 growth opportunity areas in health IT

Key Takeaways

A Maturing Industry, Focused on Value, Optimization, and Scalability. Health IT is entering a new, mature phase where large established enterprise ICT vendors (IBM, Oracle, Salesforce, Microsoft, Xerox, etc.) will become an increasing market force across all segments. These vendors will look to acquire or partner with a pure play health-focused companies of all sizes to drive innovation and product development.

The Hype Factor is Still Noticeable but the Noise Level is a Bit Softer. The industry is starting to witness disappointments of highly touted "unicorns" in the EHR, mobile, and telehealth space (e.g., Practice Fusion, HealthSpot, iTriage). Private equity investors are still active but are beginning to slowly retrench as profits become more elusive.

Growing Recognition of the Need to Address Cultural Barriers to Healthcare Transformation. Progress and change demands innovative and interoperable IT solutions across traditional care settings and the broader social ecosystem but IT is not enough. New attitudes and behavioral change among all healthcare stakeholders are the core foundation for success in value-based and population-focused care models and IT vendors must help facilitate.

Population Heath Management Becomes Increasingly Important and Increasing Nebulous. Growing numbers of vendors scramble to capture a range of opportunities lumped together under the vast PHM market banner. Lack of clarity in solutions, work processes, and success factors are becoming major pain points for healthcare 4 organizations, many of whom will roll out a slower, piecemeal pilot strategy for PHM versus an all-in, big bang

Patient Safety Concerns Grow Due to Increasing Cyber Threats That Could Quickly and Dramatically Shift Industry Focus. The healthcare cyber threat environment is rapidly evolving and accelerating. New ransomware attacks threaten to be particularly disruptive in 2016. Any incident entailing medical device hacking leading to patient 5 harm will be a major game changer with far reaching consequences for connectivity vendors.

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