Home Global Top 10 Electronic Medical Record (EMR) Vendors File IPO Prospectuses Amid Surge in Mobile EHR Adoption

Global Top 10 Electronic Medical Record (EMR) Vendors File IPO Prospectuses Amid Surge in Mobile EHR Adoption

Aug 12, 2015 08:20 CST Updated 08:20

According to a recent report by Health Data Management, citing a Black Book survey of 6,000 physicians across multiple specialties, the frequency with which doctors access electronic health records (EHRs) via mobile devices is projected to reach 70% by the end of this year.

☆Survey Results

Researchers found:


  • 52% of outpatient physicians use mobile devices to access electronic medical records or for reference purposes


  • 31% of respondents reported using smartphones to manage patient conditions



In addition, the survey found that physicians in five specialties were the most frequent users of mobile devices for daily patient management:


  • Emergency Physician


  • General Surgeon


  • Obstetrician-Gynecologist


  • Plastic Surgeon


  • Radiologist



Based on user ratings and satisfaction levels,For three consecutive years, the most popular EHR applications among physicians have beenDrchrono

Other EHR app companies in the Top 10 include:


  • ADP AdvancedMD


  • Allscripts


  • athenahealth


  • Cerner


  • Greenway


  • HealthFusion


  • iPatientCare


  • Kareo


  • PracticeFusion



☆ADP AdvancedMD

An electronic health record (EHR) and practice management solution that offers a comprehensive suite of features, including scheduling, documentation, e-prescribing, revenue cycle management, and financial reporting. Users benefit from a fast, secure, and supported industry-grade experience without the need for installation or maintenance, while automatic updates ensure greater ease and flexibility of use.

ADP AdvancedMD


This EHR platform can access patient data within seconds, automatically route billing information to billing staff, and deliver test results to patients. It enables rapid and secure cloud-based access to patient data and records, allowing patients to log in from any location without geographical constraints.

Furthermore, AdvancedMD enables staff to log in within one minute, transfer patient information to any system, and meet demands according to schedules. It requires no contracts and provides support services. It is also compatible with Windows, iOS, and iPad.

☆Allscripts

Founded in 1986, the company initially sold packaged pharmaceuticals to physicians at medical practices. In 1998, it launched its first product—an electronic prescribing system. Through acquisitions in 2001, 2006, and 2008, Allscripts added electronic health records (EHR), practice management (PM), and care management systems, respectively.

best-in-class ambulatory EHR


Allscripts currently develops and sells software and services for various types of healthcare providers.

For practices with ≤3 physicians, Allscripts provides the Professional edition of its EHR and PM systems, along with customized document management solutions, revenue cycle management, and e-prescribing.

For practices with ≥25 physicians or multi-specialty operations, Allscripts offers enterprise-grade EHR and PM software, along with a web-based portal for viewing and sharing clinical data.

Finally, for hospitals, Allscripts’ individual products cover care management and emergency management departments; for patients returning home, they provide services such as home care and post-acute care.

According to data provided by Allscripts, 160,000 physicians and nearly 800 hospitals are currently using their products.

Allscripts claims to have the “#1 ranked EHR solution in the U.S.” For users, its products have been adopted by 50,000 practicing physicians, 1,500 hospitals, and 10,000 emergency care facilities; nevertheless, the company states that these figures are limited to its free e-prescribing module.

☆Athenahealth

A global leader in healthcare technology. It offers cloud-based electronic health records, practice management, patient engagement, and care coordination services, along with mobile health applications.

Athenahealth


A key feature of AthenaHealth is its comprehensive management of the entire clinical workflow and insurance billing process. Building on years of experience with traditional medical practices, it verifies patients’ insurance coverage and confirms out-of-pocket payment amounts starting from the appointment scheduling stage. A major factor attracting physicians to the platform is its expertise in managing the full “revenue cycle” and insurance billing processes.

☆Cerner

An international healthcare information technology company dedicated to providing comprehensive systems to hospitals and other medical institutions for managing and integrating all electronic medical records, computerized physician order entry, and related financial information.

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Cerner was founded in 1979 under the name PGI & Associates and adopted its current name in 1984. Today, Cerner has grown into one of the largest electronic medical system providers in the United States. It is also the fourth-largest electronic health record (EHR) vendor for U.S. hospitals, providing EHR services to approximately 9% of hospitals.

Cerner’s Academic Education Solutions (AES) bring health information technology (HIT) into academic health centers and university classrooms.

AES can be applied to the following areas: nursing, medicine, health information management, and pharmacy.

Key Advantages of Cerner AES:
It enables students to learn evidence-based clinical practice, critical thinking, and data-driven decision-making through interactive methods, equipping them with proficiency in using Electronic Health Records (EHR) in an increasingly digital healthcare environment.

☆Greenway

Community Health Centers (CHCs) serve populations that may lack access to quality healthcare due to limited financial resources or other barriers. To meet patient needs and operate as efficiently as possible, Community Health Centers (CHCs) and rural health clinics require solutions specifically designed for their patient populations, taking into account reporting requirements and the complexities of billing.

Greenway


Greenway Health’s SuccessEHS™ is an integrated electronic health record and practice management solution designed specifically to help Community Health Centers (CHCs), Federally Qualified Health Centers (FQHCs), and Rural Health Clinics (RHCs) stay focused on their mission of delivering high-quality, affordable care to underserved communities.

Greenway PrimeSUITE is a comprehensive EHR and practice management software system designed for ambulatory care groups. PrimeSUITE provides over 4,000 clinical templates with specialty-specific electronic health record content to more than 30 specialties.

MDS Medical is Greenway’s #1 National Platinum Partner, providing a comprehensive suite of solutions to ensure your organization has the tools needed to achieve optimal financial performance, improve patient care, and enable fast and secure access.
PrimeSUITE。

☆HealthFusion

HealthFusion’s MediTouch is a fully cloud-based system that requires no downloads or installations. The system comes preloaded with all the code and forms needed to get started; simply log in via your web browser and begin documenting from day one.

HealthFusion


●Advantages of MediTouch EHR

Affordable: For everyone, the best EMR is an affordable one. With MediTouch’s affordable subscription model, there are no upfront costs, no long-term contracts, and no fees for upgrades, training, or support.

Optimized and Convenient Data Entry


  • Think Like a Doctor: MediTouch, designed by doctors for doctors, can be customized to meet the diverse needs of users.


  • Manage Lab Results: Easily connect with major laboratories to view or subscribe to lab results.


  • Patient Workflow Monitoring: When logged in, you can easily view a patient’s wait time and check their insurance status.


  • Locating Pharmacies: MediTouch incorporates a lightweight e-prescription module that features an optimal prescription update process.



☆iPatientCare

iPatientCare Electronic Health Record (EHR) System is a cloud-based, full-featured extension of iPatientCare’s EHR on the iPad, enabling mobile healthcare providers to access patients’ clinical data anytime, anywhere. The system allows physicians to view appointment schedules and obtain comprehensive clinical patient summaries during hospital rounds and other scenarios.

iPatientCare


This system’s digital dashboard enables physicians to stay connected with their office at any time and from anywhere, with just a tap of a button. All laboratory results, appointment schedules, and other information are delivered to them through a highly secure channel. Additionally, alerts are generated whenever new documents and tasks are received, regardless of whether the device is currently connected to the system.

With its meticulously designed workflows and intuitive touchscreen user interface, miPatientCare enables clinicians to:


  • Add or update clinical information for patients (allergy history, immunization history, case records, clinical notes, etc.)


  • Review the appointment order and display the current patient's status and location


  • Access patient information as needed


  • Electronic prescriptions can be transmitted to pharmacies and drug interaction checking departments to ensure prescription safety.


  • Resolve tasks, respond to messages



iPatientCare EHR electronic health record system is the perfect mobile solution for the following groups:


  • Physicians Working in a Highly Mobile Environment


  • The doctor wants to review the patient's records before entering the examination room.


  • Physicians expect to access patient records anytime, anywhere.


  • For those who prefer paper prescriptions, they believe that computerized systems distract their attention from patients.



☆Kareo

Kareo is a company that provides digital management tools specifically for small clinics or healthcare organizations. Kareo’s solutions cover the daily operations of small medical practices, including online scheduling, electronic billing systems, and Electronic Health Records (EHR) systems.

Kareo


It focuses on small clinics with no more than 10 physicians, offering them free access to its electronic health records (EHR) system while charging for features such as e-billing and marketing services. To date, Kareo has been used by over 30,000 physicians and healthcare professionals, who have collectively cared for 40 million patients.

The company has just secured $54.4 million in new funding, which will accelerate Kareo’s expansion across physician offices in China.

☆PracticeFusion

Designed specifically for healthcare professionals, it provides free online electronic health records (EHRs) and manages patient appointment workflows. Two years later, the company launched its first eponymous product, Practice Fusion, targeting physicians. By April 2013, Practice Fusion extended its services to patients for the first time by launching Patient Fusion, a website dedicated to physician appointments, which was also offered free of charge. This move was later made to alleviate profit pressures stemming from its reliance on advertising revenue.

PracticeFusion


In June of the same year, it launched a data analytics service offering—a paid subscription product called Practice Fusion Insight—primarily targeting pharmaceutical companies, industry analysts, and financial analysts by providing them with access to Practice Fusion’s medical database. During its growth phase, it acquired 100Plus, a personal health prediction company, and Ringadoc, a two-way consultation platform.

☆DrChrono

A startup born in New York and launched through San Francisco’s Y Combinator. The first version of its application was merely an appointment reminder system for patients. Later, the company developed a medical billing engine that integrated all insurance providers.

DrChrono


Features of the DrChrono iPad App Include:


  • Real-Time Clinical Speech-to-Text on iPad


  • Customizable workflows that integrate images and videos into patient charts


  • Integration of Electronic Medical Billing


  • Send electronic prescriptions to any pharmacy in the United States


  • Simplified user interface, allowing physicians to complete clinical documentation before the patient leaves the examination room



Appendix: Summary of the Top 10 EMR Vendors

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Text | Xu Huiting Editor | Mo Renying