Electronic Medical Record Mandates to Increase Jobs in IT
With a $20 billion infusion from the Health Information Technology Act, the EMR market is expected to grow in major ways. Expect jobs to expand in systems integration, programming, project management and training.
Where are IT jobs going to be over the next two years? There are a number of expectations, including a whole lot more in Web application development, including social media, enterprise software and a host of mobile applications for Internet-enabled devices such as the iPhone and competitors. Another area expected to have growth is in health care, specifically in electronic medical records (EMRs).Speech recognition may speed electronic medical record adoption. Read more here.
According to Frost & Sullivan
estimates, the Health Information Technology (HIT)
market (by revenue) in 2008, in APAC
(Southeast Asia, China,
Japan
and Australia)
was close to USD5.04 billion with an annual growth rate (CAGR) of 11.8 percent
from 2005-2008. Although the APACHIT
market represents currently only 2.1 percent of the total healthcare market, it
is very likely that the figure could double if not triple that in the next 10
years.
As with any
newer technology that will collect information, there are serious data
migration issues to consider, not to mention cost. From a CNN Money
article on the subject:
Implementing an EHR system from
paper to hospital-wide integration costs anywhere from $50 million to $100
million, say experts. That includes not just the hardware and software, but
also the service contract, networking with a national data center and lost
productivity as hospitals teach physicians how to use the new system.
That's difficult
for hospitals in the midst of a credit crunch and economic downturn, and
especially onerous for small doctors' offices with just a handful of staff and
patients. But there are other options.
One such
alternative is the government's open-source EHR system, called Vista,
which is already used by the Department of Veterans Affairs. A commercialized
version of the Vista
software was developed by health care tech firm Medsphere, which said
installation and service costs of the system average less than $1 million a
year over the first five years, after which point annual service costs range
between $150,000 to $700,000, depending on the size of the hospital.
"We have
contracts with the entire public health system of West
Virginia, in which eight
hospitals will pay us a total of $9 million over five years," said
Medsphere Chief Executive Mike Doyle. "Compare that to the University of West Virginia,
which just paid $90 million to a proprietary EHR vendor. If Obama is serious
about this, he won't be able to do it $90 million at a time."
But not every system will be able to
connect to the open-source solution, suggests the CNN article. Regardless, the
mandate within the Health Information Technology Act will help those vendors
selling these products, and it means jobs for those having to use the new systems.









