Health Care Provider Organizations To Double IT Services Spending By 2020

As new reimbursement policies take effect under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), health care provider organizations are expected to more than double spending on information technology (IT) services by 2020. In 2015, the health care provider IT services market was valued at about $8 billion. By 2020, the market value is projected to reach $16.9 billion. The estimate includes spending by large health systems, stand-alone hospitals, pharmacists, physician practices, and diagnostic labs. The segments included in this market are: IT services span application, infrastructure and System Integration (SI) / consulting services. It excludes Business . . .