An electronic health record (EHR) is a digital record of a patient stored in a computer. It contains all the necessary details regarding the patient’s medical history includes diagnoses, medications, treatment plans, allergies, immunization dates, and test results from laboratories. In addition to this, it also grants access to evidence-based tools helpful for healthcare providers during the treatment of a patient.
EHRs help to automate and streamline the workflow in a healthcare setting. EHRs allow authorized providers to gain quick access to vital health information assisting them to coordinate care and make clinical decisions. These records can be passed to organizations and clinicians involved in a patient’s care such as pharmacies, emergency facilities, labs, and imaging facilities.
Major Applications of Electronic Health Records
Electronic health records find applications in several activities such as clinical care application, clinical care function, financial function, administrative functions, and reporting in the healthcare settings. The clinical application scope of EHR includes decision support, order entry, and results management. These functions provide much-needed timely access to patient’s clinical information, such as radiology results, and laboratory test results. All these functionalities play a key role in improving the overall quality of healthcare service. Furthermore, with the implementation of secured EHR, integration of information and coordinated action for patient care can be shared among medical professionals.
Key Benefits of Using Electronic Health Records
- Compared to a traditional paper-based record system, an electronic health records system can add advanced information management functionalities to allow healthcare experts to provide better patient care.
- Interactive HER system connects with medical experts for health care decisions, provides clinical reminder alerts, and analyzes aggregate records for research activities as well as improves care management.
- The health data moves with the patient to the hospital, the nursing home, and healthcare authorities. These systems are specifically designed to be conveniently accessed by entities involved in patient care including patients themselves.
The healthcare market in the North American region is one of the most established markers. Most hospitals and clinics from this region have widely adopted electronic health record solutions as a result of stringent regulatory norms. The United States and Canada are the prominent countries in the region that contributed the largest revenue share in the market for electronic health records. Whereas the Asia Pacific is emerging as one of the fastest-growing regions owing to increasing healthcare expenditure. Growing demand for better healthcare IT services driving growth for the regional market.
Competitive Landscape of Electronic Health Records Market
Leading players operating in the global electronic health records market include AdvancedMD, Inc., Cerner Corp., DXC Technology Company, Epic Systems Corp., eClinicalWorks, CureMD Healthcare, Allscripts Healthcare, LLC, NextGen Healthcare, Inc., McKesson Corporation, and Medical Information Technology, Inc. Market players focusing on untapped opportunities and investing in research activities to bring innovation to the field. Amid the COVID-19 pandemic, several healthcare providers across the globe are using EHR solutions to store information regarding COVID-19 patients for enabling effective patient care management.
Deep-dive Insights on Electronic Health Records Market by Polaris Market Research: https://www.polarismarketresearch.com/industry-analysis/electronic-health-records-ehr-market