Recommended Market Research Reports News

New reports insight into the healthcare IT outsourcing market

image

Informations Technology (IT) is a critical infrastructure used in healthcare. While some healthcare providers perform their own IT work, others outsource it to third-party companies.

- Advertisement -

Doctors, physicians and other healthcare providers often outsource their IT services. Of course, there's a good reason for this: when you're busy running a medical practice, you probably don't have the necessary time, energy and resources to create a secure IT environment. By outsourcing these operations to a third-party company, healthcare providers can focus on their trade instead of worry about data security.

Maintaining a secure IT environment is important for companies across all industries and sectors.

- Advertisement -
However, there's greater scrutiny on healthcare providers in this regard. In the United States, for instance, healthcare providers must comply with the Health Insurance Portability and Accountability Act (HIPAA) of 1996, which includes specific guidelines regarding the use, storage and transmission of Protected Health Information (PHI). If a healthcare provider doesn't take the necessary steps to create a secure IT environment, he or she could be cited for one or more violations of HIPAA. This, along with other reasons, has given rise to healthcare IT outsourcing.

According to the North America Healthcare IT Outsourcing Market -Industry Trends and Forecast to 2024 report by Data Bridge Market Research, the healthcare IT outsourcing market for North America is expected to grow at a compound annual growth rate (CAGR) of approximately 8.9% through the forecast period. As explained in the report, the North America healthcare industry creates a substantial amount of data. Whether it's patient names, billing information, insurance numbers, etc., there's a lot of data created by healthcare providers. As a result, many healthcare providers are now outsourcing their IT services to store, manage and secure their data.

- Advertisement -

Some of the key healthcare IT outsourcing vendors profiled in this report include Becton, Mckesson Corporation, Accretive Health, Inc, HCL Technologies, Inc, Anthelio Healthcare Solutions, Hewlett-Packard, Allscripts, Accenture Plc, Cognizant Technology Solutions, Dell, Inc, IBM Corporation, Infosys Limited, Siemens Healthcare, and Tata Consultancy Services, Ltd.

- Advertisement -

The Global Healthcare IT Outsourcing Industry Market Research 2017 report by Reports and Market is a second comprehensive study of the healthcare IT outsourcing, though it covers the entire global market instead of focusing specifically on the North America segment. In essence, this report offers an in-depth look into the healthcare IT outsourcing market, revealing insights such as trends, key regions, vendors, products, costs, revenue, gross margin and more. By consumption, the report analyses volume, consumption value, and import and export from 2012 to 2017. However, the report also reveals projected production and consumption for the global healthcare IT outsourcing market.

News From

Paul Hosking - Market Research NewsPaul Hosking
Category: New MediaCompany profile: Paul Hosking, founder of WhaTech writes from his experience with Market Research Reports. Sharing the latest and most interesting reports. Giving investors the "heads up" on what's next!