The Long Boom in Health IT

Rapid adoption of health IT has transformed healthcare over the last five years. Hospitals have long relied on digital technology, but for many ambulatory providers working in smaller practices, the switch to Electronic Health Records (EHRs) has been recent and rapid. It was driven by the government’s Meaningful Use Program, which helped to pay for the new systems. In fact, by April 2015, the government had spent about $30 billion on the effort, transforming the use of technology in medical practices.

Smaller practices typically lack their own IT staff, so the opportunities for service providers are profound. In fact, the government estimates that there are 2 million to 3 million so-called Business Associates (BAs) that provide services to the 700,000 medical organizations in the United States.

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