IDC picks 11 EHRs that offer the best tools and strategies for small medical groups to meet Meaningful Use incentives and prepare for healthcare reform.
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IDC Health Insights has released a study that identifies 11 EHR products that analysts say offer the best features and long-term strategy to help small practices meet Meaningful Use requirements as well as prepare for healthcare reform.
The IDC MarketScape: U.S. Ambulatory EMR/EHR for Small Practices 2012 Vendor Assessment report cites that there are more than 350 vendors offering technology certified by the Office of the National Coordinator for Health IT as meeting minimum Meaningful Use criteria. However, according to IDC, the vast majority don't meet many of the 25 measures its analysts used to evaluate which EHRs are best suited for small practices.
Based on conversations with about 30 practices employing 20 or fewer physicians as well as EHR vendors and their customers, IDC gauged customer requirements and ranked EHR products based on their current capabilities and future strategies.
Analysts looked at whether an EHR can be configured to support workflows and offer clinical documentation to assess and maintain productivity, among other criteria. They also checked whether the EHR has mobility options, how well it's supported, and whether it has complementary offerings such as practice management systems and a health information exchange.
Analysts also looked at the vendors themselves, evaluating whether the companies are profitable, able to deliver new functionality to keep up with customer expectations, and able to retain the necessary talent to create market value. In addition, they assessed whether the vendors were being proactive in delivering Meaningful Use capabilities to customers.
Vendor's future strategic plans were also evaluated, as analysts examined whether EHRs will be relevant and attractive to customers over the next four years. They also assessed the vendors on price competitiveness and looked at whether they have well-supported integration options and a portfolio of complementary tools offered by the company or its partners. Strategies for ICD-10 implementation and health information exchange were also evaluated.
The analysts found the following 11 EHRs, from 9 vendors, to be the best tools to meet their requirements:
-- ADP AdvancedMD
-- Allscripts Healthcare Solutions Professional EHR and MyWay EHR
These nine vendors and the 11 EHR products they offer have increased their client base, said IDC research director Judy Hanover in an interview with InformationWeek, citing EClinicalWorks, athenaClinicals, PrimeSUITE, Advanced MD, Lumeris EHR, and Practice Fusion EHR as having grown the fastest during the past year. While Allscripts Professional EHR is a giant in the small practice market, according to Hanover, it has lagged behind the group and market share has slowed in recent months.