Capsite News

Fletcher Allen Health Care Expands Subscription to CapSite Hospital Purchasing Service

Tue, 01 May 2012 00:00:00 -0400

Burlington, VT, May 2, 2012 -- CapSite announced this morning that Fletcher Allen Health Care, a 562 bed Academic Medical Center providing care at more than 30 patient care sites and 100 outreach clinics in Vermont and upstate New York has subscribed to expanded services within CapSite Corporation’s database.

The CapSite database is a unique resource providing transparency on healthcare technology purchases to help healthcare providers make more informed decisions in the planning, budgetary, and negotiating phases of technology procurement. CapSite covers more than 150 categories across Healthcare IT (HIT), Imaging Equipment, Professional Services and Medical Devices. The CapSite database will assist Fletcher Allen Health Care in making more informed healthcare technology decisions.

“We are pleased that Fletcher Allen Health Care will be leveraging the CapSite service as an important part of their Supply Chain processes.” says Gino Johnson, CapSite Sr. VP and GM.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to provide market transparency which enables our healthcare provider clients to save money on healthcare technology investments which drives down the overall cost of healthcare in the U.S.

The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 1,400 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

About Fletcher Allen

Fletcher Allen Health Care, together with our partners at the University of Vermont College of Medicine and the College of Nursing and Health Sciences, is Vermont’s academic medical center. Fletcher Allen and Central Vermont Medical Center are members of Fletcher Allen Partners, established to develop a more coordinated system of care throughout the region. Fletcher Allen’s mission is to improve the health of the people in the communities it serves by integrating patient care, education and research in a caring environment. Fletcher Allen also serves as a regional referral center -- providing advanced care to approximately one million people in Vermont and northern New York -- and as a community hospital for approximately 150,000 residents in Chittenden and Grand Isle counties. For more information about Fletcher Allen, find us online at http://www.fletcherallen.org or on our Facebook, Twitter, YouTube, and blog sites at www.fletcherallen.org/socialmedia.

CapSite to Present at 4th Annual Health IT Insight Summit

Thu, 15 Mar 2012 00:00:00 -0400

CapSite announced today that Gino Johnson, CapSite Sr. VP and GM will be presenting at the upcoming 4^th Annual Health IT Insight Summit. The Health IT Insight Summit is being held at the Harvard Club in Boston, MA March 27-28^th.

CapSite will be presenting an overview of Health Information Exchange (HIE) market along with key findings from their Health Information Exchange (HIE) Study.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 150 healthcare technology categories and 1,400 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning. CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

About Health IT Insight Summit

Focused on the topics, strategies and technologies critical to healthcare providers and payers, the 4th Annual Health IT Insight Summit returns to the Harvard Club on March 27-28. For two days, delegates will experience keynote sessions from industry experts along with peer discussion panels on healthcare meta data, cloud computing, university research, and electronic health records. Add in practical case studies and unique networking opportunities, and HealthIT Insight delivers a collaborative, multi-media learning environment for exchanging ideas and best practices. http://www.healthitinsight.com

34% of U.S. Hospitals Plan to Purchase new Smart Infusion Pumps

Tue, 14 Feb 2012 00:00:00 -0500

Burlington, VT, February 14, 2012 – CapSite™ announces the release of the 2012 U.S. Smart Infusion Pump Study. The study represents unique Voice of Customer (VOC) insight from more than 500 hospitals on the market adoption, market opportunity, market share and vendor mind share across the U.S.

“Our study clearly shows significant market purchasing activity with 70% of U.S. hospitals having invested in new Smart Infusion Pumps over the past three years.

Additionally, we found that enhancing patient safety is the primary driver behind the purchase of new Smart Infusion Pumps.” says CapSite Sr. VP and GM, Gino Johnson.

The study includes visibility into the market adoption of the following technologies:

Automated Dispensing Cabinets (ADC)
Electronic Medication Reconciliation (eMAR)
Bar Code Medication Administration (BCMA)
Computerized Physician Order Entry (CPOE)
Smart Pump Network Connectivity
Computer or Workstation on Wheels (COW / WOW)

Market Share, Deal Share and Vendor Mind Share coverage includes:

B. Braun, Baxter, CareFusion and Hospira

About CapSite™

The CapSite database provides unique transparency on Healthcare Technology pricing and packaging.

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 150 healthcare technology categories and 1,100 vendors.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

CapSite to Present at ZirMed’s Annual Thrive User Conference

Wed, 01 Feb 2012 00:00:00 -0500

Burlington, VT, February 1, 2012 - CapSite announced today that Gino Johnson, CapSite Sr. VP and GM will be presenting at ZirMed’s upcoming Thrive User Conference. The Virtual User Conference is scheduled to take place on February 15, 2012.

CapSite will be presenting an overview of Health Information Exchange (HIE) market along with key findings from their recently published 2011 Health Information Exchange (HIE) Study.

About CapSite™

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

About ZirMed:

ZirMed is a nationally recognized leader in delivering revenue cycle management solutions to healthcare providers. ZirMed enables healthcare providers to leverage the power of technology to cure administrative burdens and increase cash flow. ZirMed solutions include eligibility verification, credit/debit card processing, check processing, claims management, coding compliancy and reimbursement management, electronic remittance advice, patient statements, patient e-commerce solutions, and lock box services. ZirMed solutions are designed to complement provider workflow and to provide innovative, creative and flexible solutions for healthcare’s most pressing administrative challenges. For more information about ZirMed, visit www.zirmed.com.

Vermont Information Technology Leaders (VITL) Partnering with CapSite to Assist Healthcare Providers in Adopting EHRs

Mon, 19 Dec 2011 00:00:00 -0500

Burlington, VT, December 19, 2011 – CapSite™ announced today that Vermont Information Technology Leaders, Inc. (VITL), a non-profit organization assisting Vermont healthcare providers to adopt and use health information technology (HIT) to improve patient care, has subscribed to the CapSite service to assist Vermont physician practices in improving their processes for purchasing healthcare technology.

CapSite’s online, subscription-based service provides extraordinarily detailed transparency on healthcare technology pricing and packaging to support VITL’s efforts to facilitate the transition to and adoption of HIT at provider sites across the state of Vermont. CapSite enables providers to make informed decisions at the planning, budgeting and negotiating phases of their purchasing process.

“It is critical for physician practices to have a good process for assessing the HIT marketplace, selecting vendors, and negotiating agreements. That’s one of the things VITL helps providers with, and we’ll be able to do it better with access to the CapSite service,” said VITL President and CEO David Cochran, MD. “The Vermont providers that we are working with will greatly benefit from having more information about pricing and contract terms.”

CapSite spans over 150 different healthcare technology categories and 1,300 vendors in the areas of Imaging Equipment, Medical Devices, Professional Services and Healthcare IT (HIT). The HIT categories include extensive coverage of Electronic Health Records (EHR) and Health Information Exchange (HIE) solutions which are of significant interest in light of the HITECH Act of the American Recovery and Reinvestment Act of 2009 (ARRA).

“We are very pleased to have this opportunity to work with VITL. As both the HIE (Health Information Exchange) and REC (Regional Extension Center) for Vermont, VITL plays a strong role in encouraging healthcare technology adoption within the state. This is well-aligned with our goals at CapSite, and we are pleased to share our resource with the network of providers VITL assists,” says Gino Johnson, Sr. VP and GM at CapSite.

In addition to the extensive database, CapSite provider subscribers get full access to CapSite’s portfolio of strategic industry reports. With about twenty new reports published a year, CapSite reports give providers a powerful understanding of healthcare industry trends.

About VITL

VITL is a 501(c)(3) non-profit organization that assists Vermont health care providers with adopting and using health information technology to improve patient care. VITL has built a broad group of stakeholders, including health plans, hospitals, physicians, other health care providers, state government, employers, and consumers. Because VITL’s stakeholders come from both the private and public sectors, in essence VITL operates as a public-private partnership.

VITL is both the designated health information exchange for the state of Vermont and the federally-designated regional extension center for all of Vermont. VITL’s work revolves around meeting both of those requirements, as well as supporting Vermont’s health care reform efforts.

About CapSite™

The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 150 healthcare technology categories and 1,300 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

CapSite to Present at 23rd Annual Piper Jaffray Health Care Conference

Mon, 21 Nov 2011 00:00:00 -0500

CapSite announced today that Gino Johnson, CapSite Sr. VP and GM will be presenting at the upcoming Piper Jaffray Health Care Conference. The Conference is scheduled to take place on November 29 – 30 at The New York Palace.

CapSite will be presenting key findings from their recently published 2011 Health Information Exchange (HIE) Study.

About Piper Jaffray
Piper Jaffray is a leading middle market investment bank and asset management firm serving clients in the U.S. and internationally. A proven advisory team combines deep product and sector expertise with ready access to global capital. Founded in 1895, the firm is headquartered in Minneapolis and has offices across the United States and in London, Hong Kong and Zurich. www.piperjaffray.com

About CapSite™

CapSite™ is a healthcare technology research and advisory firm.

The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 1,200 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

CapSite Partners with Healthcare Integration Strategies to Combine Imaging IT Strategic Consulting Services with CapSite’s Hospital Purchasing Database

Wed, 09 Nov 2011 00:00:00 -0500

Burlington, VT – CapSite announced this morning that Healthcare Integration Strategies, LLC has entered into a Provider Consulting Organization (PCO) agreement with CapSite. The agreement enables Healthcare Integration Strategies to offer the CapSite service to healthcare providers as part of consulting engagements.

“Our research in the Imaging IT market shows an active cycle of new and replacement purchases over the next 24 months. Our unique CapSite database, when combined with the value added Consulting services offered by select professional services firms for their provider clients, serves as a market differentiator for that consultancy,” says Gino G. Johnson, Sr. VP and GM of CapSite.

The CapSite database is a unique resource providing transparency on healthcare technology purchases to help healthcare provides make more informed decisions in the planning, budgetary, and negotiating phases of their procurement process. Spanning over 140 categories across Healthcare IT (HIT), Imaging Equipment, Professional Services and Medical Devices, the CapSite database will assist Healthcare Integration Strategies to advise providers toward making intelligent decisions in vendor evaluations and system selections.

Healthcare Integration Strategies expertise with Imaging IT services with hospitals is aligned with CapSite’s unique coverage in the healthcare technology marketplace.

“Facilities that utilize a consultant expect value-add from an engagement, and the CapSite subscription service increases the value of the vendor evaluation and selection services I can offer,” states Joseph L. Marion, Principal of Healthcare Integration Strategies.

The Provider Consultant Organization (PCO) agreement allows providers to benefit from Healthcare Integration Strategies advisory services paired with CapSite’s unique database resource.

About CapSite™

The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 1,000 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

About Healthcare Integration Strategies, LLC

Healthcare Integration Strategies (HIS) was founded in 1993 to improve awareness of the importance of image integration with clinical information systems, and to assist clients in development and implementation of long-term clinical information integration strategies. Since its inception, HIS has assisted over one hundred clients with their clinical information integration plans. HIS is now active in extending imaging integration beyond the traditional imaging services to the enterprise as ARRA/Meaningful Use takes hold. For more information, see www.hisconsultant.com.

74% of U.S. Hospitals Plan to Purchase New Health Information Exchange (HIE) Solutions

Tue, 25 Oct 2011 00:00:00 -0400

Burlington, VT – CapSite™ announces the release of the 2011 U.S. Health Information Exchange (HIE) Study. The study is the most recent in a series of CapSite strategic industry reports focused on assessing the impact of the HITECH Act on the U.S. Health Informational Technology (HIT) market. The study represents unique Voice of Customer (VOC) insight from more than 340 hospitals on the market adoption, market opportunity, market share and vendor mind share across the U.S..

“With the HITECH Act focus on stimulating the exchange of health information and Meaningful Use (MU) of EHRs, our study clearly shows a market that has been increasingly adopting HIE solutions since 2009. We are projecting this market to continue to accelerate over the next 24 months.

“Additionally, we found that nearly 80% of hospitals either already have or plan to join an HIE. In contrast, the majority of hospitals were uncertain as to whether they were going to participate in an Accountable Care Organization (ACO).” says CapSite Sr. VP and GM, Gino Johnson.

Voice of Customer (VOC) highlights from the study:

16% of hospitals plan to engage a Professional Services / Consulting firm as part of their HIE strategic planning or vendor selection process
The most popular HIE solutions that hospitals plan to purchase:
- MPI / Patient & Provider Indexes
- Immunization Reporting
- Results Reporting / Delivery

Market Penetration / Share and Vendor Mind Share coverage includes:

Accenture, ACS, Allscripts, athenahealth, Bass & Assoc., Carefx, Cerner, Covisint, CPSI, CSC, CTG, dbMotion, Deloitte, Dell, Dr. First, eClinicalWorks, Epic, GE Healthcare, Healthland, HIMformatics, HP, ICA, InterSystems, KPMG, McKesson, Medicity, Meditech, MedPlus, MEDSEEK, Microsoft, MobileMD, NextGen, Northrop Grumman, OptumInsight (formerly Axolotl), Orion Health, Prognosis, QuadraMed, RelayHealth, SAIC, Siemens.

About CapSite™

The CapSite database provides unique transparency on Healthcare Technology pricing and packaging.

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 1,100 vendors.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

CapSite Partners With Peer Consulting to Combine IT Strategic Consulting Services With CapSite’s Hospital Purchasing Database

Thu, 13 Oct 2011 00:00:00 -0400

Burlington, VT - CapSite announced this morning that Peer Consulting has entered into a Provider Consulting Organization (PCO) agreement with CapSite. The agreement enables Peer Consulting to offer the CapSite service to healthcare providers as part of consulting engagements.

“We believe the CapSite Hospital Purchasing Database, when combined with other services offered by select consultants for their provider clients, will serve as a major market differentiator for that consultancy,” says Gino Johnson, Sr. VP and GM of CapSite.

The CapSite database is a unique resource providing transparency on healthcare technology purchases to help healthcare providers make more informed decisions in the planning, budgetary, and negotiating phases of their procurement process. Spanning over 140 categories across Healthcare IT (HIT), Imaging Equipment, Professional Services and Medical Devices, the CapSite database will assist Peer Consulting to advise providers toward making intelligent decisions in vendor evaluations and system selections.

Peer Consulting’s expertise with Healthcare IT Adoption services with hospitals, rural health centers and RECs is aligned with CapSite’s unique coverage in HIT, including EHR and HIE.

“Peer Consulting believes that the system selection process is enhanced when supported by clear and accurate industry data. The ability to make informed decisions based on an understanding of similar organizations’ procurement of information technology is invaluable. We are pleased to partner with CapSite to be able to provide this information to our clients,” says Vice President, Executive Advisory Services of Peer Consulting, Linus Diedling.

The Provider Consultant Organization (PCO) agreement allows providers to benefit from Peer Consulting advisory services paired with CapSite’s unique Database resource.

About CapSite™
CapSite™ is a healthcare technology research and advisory firm. Our mission is to provide market transparency which enables our healthcare provider clients to save money on healthcare technology investments which drives down the overall cost of healthcare in the U.S.
The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 1,100 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.
CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

About Peer Consulting, LLC
Founded in 2001, Peer Consulting provides healthcare organizations with complementary services in management consulting, systems implementation and integration. The firm’s expertise includes enterprise-wide computer systems deployment for hospitals, integrated delivery networks, ambulatory facilities and physician clinics. Other services include Meaningful Use Readiness, Executive Advisory Services, Clinical Systems Adoption, Health Information Exchange Strategy, Implementation Services and Technical Expertise. Headquartered in the greater Seattle area, the firm is distinguished by a multi-disciplinary team of highly experienced, senior consultants strategically based throughout the U.S.

For more information, see http://www.peerconsulting.net or e-mail info@peerconsulting.net .

22% of U.S. Hospitals Plan to Purchase a New Radiology Information System (RIS)

Thu, 29 Sep 2011 00:00:00 -0400

CapSite™ announces the release of the 2011 U.S. Radiology Information System (RIS) Study. The study is the most recent in a series of CapSite strategic industry reports focused on the Imaging IT market. The study represents unique Voice of Customer (VOC) insight from more than 360 hospitals on the market opportunity, market share and vendor mind share across the U.S.

“The objective of the study was to assess how the HITECH Act focus on stimulating the adoption and Meaningful Use (MU) of EHR’s is impacting the RIS market. We found that the majority of hospitals have chosen to work with their current RIS/PACS vendor as part of their strategy to document and achieve Meaningful Use with their RIS/PACS. Additionally, 50% of study participants have either already applied for MU incentive payments or will be applying in the near future.” says CapSite Sr. VP and GM, Gino Johnson.

Voice of Customer (VOC) highlights from the study:

61% of the RIS systems installed in hospitals today are at least five years old
71% of study participants were aware that Meaningful Use incentive payments apply to radiologists as eligible physicians under HITECH
53% of recent RIS purchases were part of a broader enterprise clinical (EHR) procurement

Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

Allscripts, Agfa, Avreo, BRIT Systems, Carestream Health, CPSI, Cerner, DR Systems, Epic, Fujifilm Medical Systems, GE Healthcare, McKesson, Meditech, Merge, NextGen, Philips, Sectra and Siemens.

About CapSite™

The CapSite database provides unique transparency on Healthcare Technology pricing and packaging.

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 1,100 vendors.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

Memorial Hospital & Health System Subscribes to CapSite Hospital Purchasing Database

Tue, 27 Sep 2011 00:00:00 -0400

Burlington, VT – CapSite announced this morning Memorial Hospital and Health System, a well-established health system including the 526-bed Memorial Hospital of South Bend, Indiana has subscribed to the CapSite database to improve their purchasing processes.

The CapSite database is a unique resource providing transparency on healthcare technology purchases to help healthcare providers make more informed decisions in the planning, budgetary, and negotiating phases of technology procurement. Spanning over 140 categories across Healthcare IT (HIT), Imaging Equipment, Professional Services and Medical Devices, the CapSite database will assist Memorial Hospital & Health System in making intelligent decisions in system selection.

“Memorial Hospital and Health System is a well-recognized leader in innovation and was recently named a Top 100 Hospital by Thomson Reuters. We are very pleased to have this opportunity to work with them,” says Jim Rosenbaum, Director of Healthcare Provider Solutions for CapSite.

About CapSite™

The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 140 healthcare technology categories and 900 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

About Memorial Hospital and Health System

Memorial Health System, Inc., established in 1894, serves as the parent company of the 526 bed- Memorial Hospital of South Bend, as well as the Memorial Health Foundation, Memorial Home Care, Memorial Health & Lifestyle Center, HealthWorks! Kid's Museum, Memorial Children's Hospital, MedPoints Memorial MedFlight and Memorial Medical Group. These organizations provide a variety of healthcare services to the community, ranging from inpatient care to home care, medical supplies, pharmacy services and occupational health services, as well as primary care physicians and specialists. Memorial Health System employs more than 3,700 Team Members and over 500 physicians on the medical staff.

Regional Extension Centers (RECs) Partnering with CapSite to Assist Healthcare Providers in Adopting EHRs

Tue, 16 Aug 2011 00:00:00 -0400

Burlington, VT – CapSite™ announced today that the District of Columbia Primary Care Association (DCPCA), a non-profit healthcare reform organization has subscribed to the CapSite service to assist their network of providers in improving their processes for purchasing healthcare technology.

CapSite’s online, subscription-based service provides extraordinarily detailed transparency on healthcare technology pricing and packaging to support DCPCA’s efforts to facilitate the transition to and adoption of HIT at provider sites across the District of Columbia. CapSite enables providers to make informed decisions at the planning, budgeting and negotiating phases of their purchasing process.

CapSite spans over 130 different healthcare technology categories and 900 vendors in the areas of Imaging Equipment, Medical Devices, Professional Services and Healthcare IT (HIT). The HIT categories include extensive coverage of Electronic Health Records (EHR) and Health Information Exchange (HIE) solutions which are of significant interest in light of the HITECH Act of the American Recovery and Reinvestment Act of 2009 (ARRA).

In February 2010, DCPCA entered in to a collaborative agreement to serve as the DC Regional Extension Center, eHealthDC, under the Health Information Technology Extension Program Regional Centers Cooperative Agreement Program. DCPCA’s recognized expertise in EHRs allows them to advise health centers and other participants on their technology acquisitions to help avoid costly mistakes when making technology choices.

Through a grant from the DC government, DCPCA facilitated the implementation of electronic health records in the safety net clinics, creating an opportunity to link this network of EHRs to hospitals to create the core of the DC Regional Health Information Organization (DC RHIO). In October 2010, DCPCA was informed that the DC RHIO is slated to become the platform for the State Health Information Exchange (HIE), a collaborative health information exchange system that seeks to improve care quality and cost-effectiveness through access to shared patient information.

“We are very pleased to have this opportunity to work with DC Primary Care Association. Our goal is to assist providers as they move to adopt healthcare technology. Given the alignment of our shared goals with DC Primary Care Association as they are helping to advise their enrolled providers, this is a logical partnership,” says Jim Rosenbaum, Director of Healthcare Provider Solutions at CapSite.

About the DC Primary Care Association

The DC Primary Care Association is a leader in the health care community as a non-profit health action and advocacy organization improving health care and health coverage for low-income, uninsured, and medically vulnerable populations in the District. DCPCA’s mission is to facilitate the development and sustainability of an effective, integrated health care system in the District that guarantees access to primary care and promotes equity in health outcomes.

About CapSite™

The CapSite database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 130 healthcare technology categories and 900 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

CapSite has a strategic alliance with AHA Solutions to bring the CapSite database to the 5,000 AHA member hospitals.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

50% of U.S. Physician Groups Plan to Invest in Ambulatory EHR Solutions -- $3B Market Opportunity

Thu, 16 Jun 2011 00:00:00 -0400

CapSite 3^rd Annual U.S. Ambulatory EHR & PM Study

Burlington, VT -- CapSite™ announces the release of the 2011 U.S. Ambulatory Electronic Health Record (EHR) and Practice Management (PM) Study. The study is the most recent in a series of CapSite strategic industry reports focused on the Ambulatory EHR & PM market. The study represents unique Voice of Customer (VOC) insight from more than 1,300 physician groups on the market opportunity, market share, vendor mind share and EHR adoption across the U.S.

The objective of the study was to assess how the HITECH Act focuses on stimulating adoption and achieving Meaningful Use of EHR’s is impacting the market for Ambulatory EHR and PM solutions.

“This study represents our third in-depth assessment of this marketplace, and we see very clear progress on the adoption of Ambulatory EHR’s across all segments of the market. The market has continued to accelerate and is on pace to nearly double the volume of purchasing activity we measured in 2010. Despite significant EHR purchasing activity over the past two years, our findings from this most recent study does not show the market slowing down yet. Our model is projecting a market opportunity in excess of $3 billion for Ambulatory EHR and Practice Management solutions through 2013.” says CapSite Sr. VP and GM, Gino Johnson.

Highlights from the study:

63% of physician groups indicated they would replace their current PM for an integrated PM/EHR
- This percentage has increased steadily over the past three years from 46%
38% of physician groups indicated that they plan to upgrade or replace their current PM
Making their physician practice more efficient is by far the top reason free-standing physician groups are purchasing EHR solutions
- This finding was in contrast to the hospital-owned physician market where we found quality and efficiency were equally important

Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

ADP / AdvancedMD, Allscripts, Amazing Charts, Aprima, athenahealth, Cerner, CPSI, eClinicalWorks, e-MDs, Epic, GE, Greenway Medical, Healthland, HMS, McKesson, MED3000, Meditech / LSS, MicroMD, NextGen, Noteworthy, Practice Fusion, PRAXIS, Sage, Siemens, SOAPware, SpringCharts.

About CapSite™

The CapSite database provides unique transparency on Ambulatory EHR pricing and packaging.

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 130 healthcare technology categories and 900 vendors.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

23% of U.S. Hospitals Plan to Invest in Patient Access Solutions for Eligibility

Tue, 14 Jun 2011 00:00:00 -0400

Burlington, VT – CapSite™ announces the release of the 2011 U.S. Patient Access Study. The study represents the latest in a series of CapSite strategic industry reports focused on the Revenue Cycle Management (RCM) market.

The statistically significant study represents unique Voice of Customer (VOC) insight from more than 500 U.S. hospitals on the market opportunity, market share, vendor mind share and adoption of various Patient Access solutions including:

Eligibility
Bill Estimation
Propensity to Pay
Address Validation
Charity Screening
E-Cashiering

The objective of the study was to assess how the healthcare reform legislation, along with the HITECH Act focus on stimulating the adoption and Meaningful Use of EHR’s, is impacting the market for Patient Access solutions.

“The Patient Protection and Affordable Care Act (PPACA) and The Health Care and Education Reconciliation Act of 2010 are driving significant healthcare provider focus on optimizing Revenue Cycle Management (RCM) processes,” says CapSite Sr. VP and GM Gino Johnson.

“As provider organizations are evaluating scenarios related to forming or joining an Accountable Care Organization (ACO), the upstream Patient Access functions within the Revenue Cycle are an important area of focus for providers.”

Highlights from the study:

Tracking Point of Service (POS) Cash Collected was the top Key Performance Indicator (KPI) across Patient Access
Eligibility solutions are the most adopted Patient Access solution with nearly 90% of study participants indicating that they have invested in a solution
Propensity to Pay was the least adopted Patient Access solution with 46% of study participants indicated that they have invested in a solution

Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

Accretive Health, Advisory Board Company, Clearwave, Craneware, CPSI, DaVincian Technologies, Emdeon, Epic Systems, HDX, Healthland, HMS, InstaMed, Kramer Healthcare Technologies, Loxogon, MedAssets, MedeAnalytics, Meditech, NCR, Nebo Systems, nTelagent, Passport Health, PMMC, Recondo Technology, RelayHealth, SearchAmerica and The SSI Group.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 130 healthcare technology categories and 900 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com/reports

24% of U.S. Hospitals Plan to Invest in New Transcription Services

Thu, 05 May 2011 00:00:00 -0400

Burlington, VT – CapSite™ announces the release of the 2011 U.S. Transcription Services Study. The study represents unique Voice of Customer (VOC) insight from more than 250 U.S. hospitals on:

Historical and planned transcription services purchases
The relevancy of supporting HIE’s by tagging transcribed documents following the Clinical Document Architecture (CDA) Standard
The relative importance and perceived value of software capabilities that allow for analysis and aggregation based on data extracted from transcribed documents

“The HITECH Act is driving significant investment in Electronic Health Record (EHR) solutions across all segments of the healthcare provider market. The objective of our study was to assess how the HITECH Act was, if at all, impacting the physician narrative and how the industry focus on achieving meaningful use of EHR’s was impacting the Transcription Services marketplace,” says CapSite Sr. VP and GM, Gino Johnson.

Highlights from the study:

61% of study participants are currently taking or plan to take a hybrid approach to capturing physician documentation to meet Meaningful Use requirements. The hybrid approach includes combining data elements from a variety of sources including (CPOE, ADT, nursing and physician documentation, eMar and problem lists)
79% indicated that Quality Management is the most important reporting category for the reporting needs of the HITECH Act
53% would consider their current transcription vendor for data extraction and analysis needs

Transcription Services Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

3M, Acusis, Amphion, CBay, Dolbey, DTS America, Encompass, GMR, Heartland, M* Modal, MedQuist, Nuance, Precyse, Transcend, TransTech, Transolutions, TransDyne and Webmedx.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 120 healthcare technology categories and 800 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

Study: 21% of U.S. Hospitals Plan To Replace Their Radiology PACS Solution

Mon, 28 Feb 2011 00:00:00 -0500

Burlington, VT – CapSite™ announces the release of the 2011 U.S. PACS Replacement Study, a strategic analysis of the Radiology and Cardiology PACS marketplace.

The study represents unique Voice of Customer (VOC) insight from more than 360 U.S. hospitals across all segments of the market.

The objective of the study was to assess the impact of the American Recovery and Reinvestment Act of 2009 (ARRA) and HITECH Act on recent and planned PACS purchases in the U.S. hospital market.

“Our study found that 52% of the Radiology PACS systems in use within hospitals today are more than five years old. In contrast, 70% of the Cardiology PACS systems are less than five years old. Additionally, we see a steadily increasing Cardiology PACS adoption curve over the past seven years, with 2010 showing nearly twice the adoption as in 2009”, says CapSite Sr. VP and GM, Gino Johnson.

“The Radiology PACS market activity peaked during 2005 to 2007. We found a slight uptick in planned Radiology PACS replacements from our original study conducted in 2009 where 17% of hospitals planned to replace their PACS as compared with 21% in this most recent study,” Johnson continues.

Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

Agfa Healthcare, Carestream Health, Cerner, DR Systems, Fujifilm, GE Healthcare, LUMEDX, McKesson, Merge Healthcare, Philips, Sectra and Siemens.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 120 healthcare technology categories and 800 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

23% of U.S. Hospitals Plan to Engage Professional Services Firm to Assist with Clinical System Implementation

Thu, 05 May 2011 00:00:00 -0400

Burlington, VT -- CapSite™ announces the release of the 2011 U.S. Professional Services Study, a strategic analysis of the Healthcare Management Consulting market. The study represents unique Voice of Customer (VOC) insight from more than 400 U.S. hospitals across all segments of the market.

The study sheds light on both historical and planned professional services engagements across a variety of engagement types including:

Clinical

o Transformation

o System Implementation

o Vendor Selection

Revenue Cycle Management (RCM)

o Optimization

o Staff Augmentation

o Outsourcing

o Vendor Selection

o System Implementation

“The American Recovery and Reinvestment Act of 2009 (ARRA) and HITECH Act has created an active market for professional services firms as healthcare providers look for assistance with clinical system implementations to achieve Stage 1 Meaningful Use of their Electronic Health Record (EHR) systems, says CapSite Sr. VP and GM, Gino Johnson.” Our study found the market for clinical engagements has been accelerating since 2008, with 44% of U.S. hospitals having engaged a professional services firm for a clinical project during this timeframe.

“While the market for RCM engagements slowed in 2009, we found that activity picked back up in 2010 with the strongest demand projected for firms to assist in optimizing providers' revenue cycle,” Johnson continues.

Professional Services Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

Accenture, Accretive Health, ACS, Allscripts, Anthelio, Beacon Partners, BearingPoint, Cerner, CPSI, CSC, CTG, Dell, Deloitte, Epic, FTI, GE, HP, Huron Consulting Group, IBM, ICE Technologies, InfoPartners, Ingenix, Kurt Salmon & Assoc., McBee, McKesson, McKinsey & Co., Meditech, Navigant, Navin Haffty & Assoc., PricewaterhouseCoopers, QHR, Siemens, VHA and Zimmerman

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. CapSite’s mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 120 healthcare technology categories and 800 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

To obtain a complimentary copy of the report Table of Contents, visit our Reports page.

Study: 31% of Healthcare Providers Plan to Reevaluate Current Teleradiology Services

Mon, 28 Feb 2011 00:00:00 -0500

Burlington, VT – The 2011 U.S. Teleradiology Study from CapSite represents a strategic assessment of the current teleradiology market.

The study provides unique Voice of Customer (VOC) insight from 360 healthcare providers across the U.S.

Study highlights:

31% of study participants currently using teleradiology services indicated that they have plans to reevaluate their current services in the next 18 months.
The top reasons for re-evaluating teleradiology services are to find a better price and to find improved quality of service.
The most important measure of a quality in a teleradiology provider is highly-qualified radiologists conducting study readings.

“We found that healthcare providers are generally satisfied with their current teleradiology service provider. . Additionally, 65% of healthcare providers have been with their teleradiology service provider for more than three years,” says Brendan FitzGerald, Research Director for CapSite.

“It will be interesting to see how these levels of satisfaction are impacted by the consolidation we have seen in the market over the past six months,” FitzGerald continues.

Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

Aris Teleradiology, Imaging-On-Call, Nighthawk Radiology, NightShift Radiology, OnRad, Radisphere, Rays, Teleradiology Solutions, US Radiology On-Call, and Virtual Radiologic.

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. The CapSite database represents more than 120 healthcare technology categories and 800 vendors. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

Study: 21% of U.S. Hospitals Plan To Replace Their Radiology PACS Solution

Sun, 27 Feb 2011 00:00:00 -0500

Burlington, VT â€“ CapSiteâ„¢ announces the release of the 2011 U.S. PACS Replacement Study, a strategic analysis of the Radiology and Cardiology PACS marketplace.Â

The study represents unique Voice of Customer (VOC) insight from more than 360 U.S. hospitals across all segments of the market.

The objective of the study was to assess the impact of the American Recovery and Reinvestment Act of 2009 (ARRA) and HITECH Act on recent and planned PACS purchases in the U.S. hospital market.Â

Â â€œOur study found that 52% of the Radiology PACS systems in use within hospitals today are more than five years old.Â In contrast, 70% of the Cardiology PACS systems are less than five years old.Â Additionally, we see a steadily increasing Cardiology PACS adoption curve over the past seven years, with 2010 showing nearly twice the adoption as in 2009â€, says CapSite Sr. VP and GM, Gino Johnson.

â€œThe Radiology PACS market activity peaked during 2005 to 2007.Â We found a slight uptick in planned Radiology PACS replacements from our original study conducted in 2009 where 17% of hospitals planned to replace their PACS as compared with 21% in this most recent study,â€Â Johnson continues.

Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

Agfa Healthcare, Carestream Health, Cerner, DR Systems, Fujifilm, GE Healthcare, LUMEDX, McKesson, Merge Healthcare, Philips, Sectra and Siemens.

About CapSiteâ„¢

CapSiteâ„¢ is a healthcare technology research and advisory firm.Â Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions.Â The CapSiteâ„¢ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases.Â The CapSite database represents more than 120 healthcare technology categories and 800 vendors.Â Â CapSiteâ„¢ provides detailed transparency on healthcare technology pricing, packaging and positioning.Â

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

24% of U.S. Hospitals Plan to Invest in New Transcription Services

Wed, 04 May 2011 00:00:00 -0400

Burlington, VT â€“ CapSiteâ„¢ announces the release of the 2011 U.S. Transcription Services Study.Â The study represents unique Voice of Customer (VOC) insight from more than 250 U.S. hospitals on:

Historical and planned transcription services purchases
The relevancy of supporting HIEâ€™s by tagging transcribed documents following the Clinical Document Architecture (CDA) Standard
The relative importance and perceived value of software capabilities that allow for Â analysis and aggregation based on data extracted from transcribed documents

Â â€œThe HITECH Act is driving significant investment in Electronic Health Record (EHR) solutions across all segments of the healthcare provider market.Â The objective of our study was to assess how the HITECH Act was, if at all, impacting the physician narrative and how the industry focus on achieving meaningful use of EHRâ€™s was impacting the Transcription Services marketplace,â€ says CapSite Sr. VP and GM, Gino Johnson.

Highlights from the study:

61% of study participants are currently taking or plan to take a hybrid approach to capturing physician documentation to meet Meaningful Use requirements.Â The hybrid approach includes combining data elements from a variety of sources including (CPOE, ADT, nursing and physician documentation, eMar and problem lists)
79% indicated that Quality Management is the most important reporting category for the reporting needs of the HITECH ActÂ
53% would consider their current transcription vendor for data extraction and analysis needsÂ

Transcription Services Vendor Market Penetration / Share and Vendor Mind Share coverage includes:

3M, Acusis, Amphion, CBay, Dolbey, DTS America, Encompass, GMR, Heartland, M* Modal, MedQuist, Nuance, Precyse, Transcend, TransTech, Transolutions, TransDyne and Webmedx.

About CapSiteâ„¢

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact:
reports@capsite.com

802.383.0675

www.capsite.com

AHA Solutions Announces New Strategic Alliance with CapSite

Thu, 17 Feb 2011 00:00:00 -0500

Chicago, IL -- AHA Solutions, Inc., a subsidiary of the American Hospital Association (AHA), announced today a new alliance with CapSite, a health care technology research and advisory firm. CapSite provides data services and information to health care providers to allow them to make more informed, strategic purchasing decisions. AHA Solutions is actively focused on improving the operational performance of the nation’s hospitals, providing them with field leadership, education and research. The alliance with CapSite provides additional resources to hospital leaders seeking solutions to their operational challenges.

For hospital executives looking to evaluate a variety of technology solutions, CapSite can be an invaluable and unique resource. Hospital executives can access in-depth due diligence and Request for Proposal (RFP) information from hundreds of vendors and solution providers, all provided by an objective source. Because AHA Solutions is uniquely positioned in understanding the needs of the health care provider community and focuses on finding ways to help health care providers improve operations and patient care, they have entered into an agreement to expand awareness of the CapSite Services to AHA members and other health care providers.

“The research phase is a critical step in any significant capital expenditure,” said Anthony Burke, President and CEO of AHA Solutions. “With high quality and breadth of research, the data that CapSite has amassed and optimized will bring capital projects to the next level very quickly and efficiently. We have been charged by our members to provide tools and resources that will help them achieve operational excellence. In fact, CapSite answers that call with a robust database providing comprehensive information while saving hospitals time and effort.”

CapSite’s database is easily searchable, facilitating searches by factors such as date range, facility size, etc. CapSite provides subscribing providers with current information about the availability of new products and services for the health care marketplace. It offers detailed, fact-based data to make prudent, informed capital expenditure decisions.

According to Deborah Gash, VP & CIO of Saint Luke’s Health System of Kansas City, MO, “Our organization has found immediate benefit from leveraging the CapSite service. It provides valuable information about health care technology products, cost and contract language that has aided in product selection and contracting. Well worth the investment!”

Lianne Stevens, VP of Information Technology/CIO of The Nebraska Medical Center, says, “The Nebraska Medical Center has found CapSite to be an effective source for market intelligence on non-commodity technology solution purchases. CapSite is now a component of the due diligence process used by our organization to make informed capital budgeting and expenditure decisions.”

Gino Johnson, Sr. VP and GM of CapSite noted, “We are very pleased to have an opportunity to partner with AHA Solutions and enable the AHA membership to take advantage of the unique transparency that CapSite provides. Hospitals are operating in a very dynamic environment today with evolving reimbursement models, increasing pressure on margins and rapid advances in health care technology. CapSite provides detailed insight to assist hospitals in making informed health care technology decisions.”

Johnson continued, “The American Recovery and Reinvestment Act of 2009 (ARRA) and HITECH Act represent significant opportunities for AHA members to adopt Healthcare IT (HIT) and CapSite is uniquely positioned to assist AHA members in their Electronic Health Record (EHR) and Health Information Exchange (HIE) adoption strategy.”

Additional CapSite information is available on AHA Solutions’ website at www.aha-solutions.org or CapSite’s website at www.capsite.com.

About AHA

The American Hospital Association is a not-for-profit association of health care provider organizations and individuals committed to the health improvement of their communities. The AHA is the national advocate for its members, which includes nearly 5,000 hospitals and health care systems, networks, and other providers of care, and 37,000 individuals. Founded in 1898, the AHA provides education for health care leaders and is a source of information on health care issues and trends. For more information, visit www.aha.org.

About AHA Solutions

AHA Solutions, Inc is a resource to hospitals pursuing operational excellence. As an American Hospital Association (AHA) member service, AHA Solutions collaborates with hospital leaders and market consultants to conduct product due diligence and identify solutions to hospital challenges in the areas of finance, human resources, patient flow and technology. AHA Solutions provides related marketplace analytics and education to support product decision-making. As a subsidiary of the AHA, the organization convenes people with like interests for knowledge sharing centered on timely information and research. AHA Solutions is proud to reinvest its profits in the AHA mission: creating healthier communities. For more information, contact AHA Solutions at (800) 242-4677 or visit www.aha-solutions.org.

About CapSite

CapSite is a health care technology research and advisory firm. Their mission is to help health care providers and vendors make more informed strategic decisions that will enable them to accelerate the growth of their business through the use of CapSite™ data and consulting services. CapSite™ data is available through our trusted, easy to use online database, providing critical knowledge and evidence based information on health care technology purchases. The CapSite™ database provides detailed pricing and packaging transparency across more than 120 health care technology categories and 800 vendors. For more information, please visit www.capsite.com.

About Saint Luke's Health System

Saint Luke's Health System consists of 11 area hospitals and several primary and specialty care practices, and provides a range of inpatient, outpatient, and home care services.

About The Nebraska Medical Center

The Nebraska Medical Center is known for excellence, innovation and quality patient care. As the teaching hospital for the University of Nebraska’s health sciences programs, this 624 acute-care bed facility is Nebraska’s largest health care facility – with more than 4,900 employees and more than 1,000 physicians on staff.

2010 U.S. Ambulatory EHR & Practice Management Study

Wed, 22 Sep 2010 00:00:00 -0400

Burlington, VT, – CapSite™ announces the release of the 2010 U.S. Ambulatory EHR and Practice Management Study, a strategic analysis of the U.S. Electronic Health Record market in response to the Health Information Technology for Economic and Clinical Health (HITECH) component of the American Recovery and Reinvestment (ARRA) Act.

The study represents unique Voice of Customer (VOC) insight from more than 2,000 groups across the U.S., which includes trending analysis based on CapSite’s original Ambulatory EHR Study published in February of 2010, as well as new insight into Vendor Mind Share and the Practice Management market.

“As a follow up to our original study of 1,000 groups which we conducted at the end of 2009, this new and expanded study represents an even larger sampling. We see an Ambulatory EHR market that continues to accelerate, and is on pace to more than double the purchasing activity from 2009. Based on the findings from the study, we project a market opportunity in excess of $3 billion for Ambulatory EHR and Practice Management solutions over the next 24 months,” says CapSite’s Director of Research Brendan FitzGerald.

“Interestingly, we found that the most important reason driving Ambulatory EHR purchases was the goal of physicians making their practice more efficient and not the ARRA / HITECH Act Stimulus funding,” FitzGerald continues.

Vendor Market Penetration / Share and Vendor Mind Share coverage includes: AdvancedMD, Allscripts (MDRX), athenahealth (ATHN), Cerner (CERN), eClinicalWorks, e-MDs, Epic, GE (GE), Greenway Medical, McKesson (MCK), Meditech, NextGen (QSII), Sage, and Siemens (SI).

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com Contact: reports@capsite.com 802.383.0675 www.capsite.com

2010 U.S. Cardiology IT Study

Thu, 23 Sep 2010 00:00:00 -0400

Burlington, VT – CapSite™ announces the release of the 2010 U.S. Cardiology IT Study, a strategic analysis of the U.S. market for CVIS and CPACS solutions. The study represents unique Voice of Customer (VOC) insight from more than 300 hospitals across multiple U.S. market segments.

“Given the healthcare industry focus on achieving Meaningful Use of Electronic Health Records (EHR) and the HITECH Act component of ARRA, we were looking to assess the impact this was having on the Cardiology IT market. Interestingly, we found less than 20% of recent Cardiology IT deals were part of a larger Enterprise Clinical / EHR decision.” says Michael Lee, Research Director at CapSite.

“Historically, hospitals have not adopted Cardiology IT solutions at the same levels seen in the Radiology market, where both the RIS and PACS markets are currently in replacement phases. We see that Cardiology IT market activity has been picking up since 2008, and we are projecting that healthcare provider adoption of Cardiology IT will continue to increase over the next 18 to 24 months.

“As we evaluated the Voice of Customer (VOC) attributes for Cardiology IT solutions, it was very clear that Ease of Use and Integration Capabilities are by far the two most important criteria healthcare provider organizations are looking for when evaluating Cardiology IT solutions today.” Lee continues.

Vendor Market Penetration / Share and Vendor Mind Share coverage includes: Agfa Healthcare, Carestream Health, Fujifilm, GE Healthcare (GE), LUMEDX, McKesson (MCK), Merge (MRGE), Philips (PHG) and Siemens (SI).

About CapSite™

CapSite™ is a healthcare technology research and advisory firm. Our mission is to help our healthcare vendor and provider clients make more informed strategic decisions. The CapSite™ database is the trusted, easy-to-use online resource, providing critical knowledge and evidence-based information on healthcare technology purchases. CapSite™ provides detailed transparency on healthcare technology pricing, packaging and positioning.

When it comes to healthcare technology research, it helps to see all the details. Those details are now available with CapSite™.

To obtain a complimentary copy of the report Table of Contents, visit http://www.capsite.com

Contact: reports@capsite.com

802.383.0675