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Frost & Sullivan: Developing Integration Capabilities Presents a Real Opportunity for Vendors in the European CIS Market

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Frost & Sullivan: Developing Integration Capabilities Presents a Real Opportunity for Vendors in the European CIS Market PR Newswire LONDON, June 18, 2012 - Vendors Face the Challenge of Executing the Most Workable Core Architecture that Promotes Integration between Different Modalities LONDON, June 18, 2012 /PRNewswire/ -- Healthcare facilities in Europe are currently working to create a unified digital patient record. In tandem, medical imaging vendors are developing and offering cardiology information systems (CIS) with advanced functionalities and easy integration capabilities with enterprise-wide information systems. As a result of such trends, image management-based information systems are set to witness revenue growth. New analysis from Frost & Sullivan (http://www.healthcareIT.frost.com), Clinical Information Systems in Europe - Cardiology, finds that the market earned revenues of $54.5 million in 2010 and estimates this to reach $104.8 million in 2017. The ability to increase departmental efficiencies and optimise workflow is the most critical feature and functionality that a CIS can offer. In addition to this essential feature, deploying a CIS allows the handling of other disparate tasks such as order management, patient and materials management and clinical information sharing. "The increasing cardiology workload and insignificant reimbursements are driving the need for enhanced productivity solutions," notes Frost & Sullivan Research Analyst Simone Carron-Peters.
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Frost & Sullivan: Developing Integration
Capabilities Presents a Real Opportunity for
Vendors in the European CIS Market
PR Newswire
LONDON, June 18, 2012
- Vendors Face the Challenge of Executing the Most Workable Core
Architecture that Promotes Integration between Different Modalities
LONDON
,
June 18, 2012
/PRNewswire/ -- Healthcare facilities in
Europe
are
currently working to create a unified digital patient record. In tandem, medical
imaging vendors are developing and offering cardiology information systems
(CIS) with advanced functionalities and easy integration capabilities with
enterprise-wide information systems. As a result of such trends, image
management-based information systems are set to witness revenue growth.
New analysis from Frost & Sullivan (http://www.healthcareIT.frost.com),
Clinical
Information Systems in
Europe
- Cardiology
, finds that the market earned
revenues of
$54.5 million
in 2010 and estimates this to reach
$104.8 million
in
2017.
The ability to increase departmental efficiencies and optimise workflow is the
most critical feature and functionality that a CIS can offer. In addition to this
essential feature, deploying a CIS allows the handling of other disparate tasks
such as order management, patient and materials management and clinical
information sharing.
"The increasing cardiology workload and insignificant reimbursements are
driving the need for enhanced productivity solutions," notes Frost & Sullivan
Research Analyst Simone Carron-Peters. "The emergence of enterprise image
and information management solutions will bring greater workflow benefits."
The workflow benefits of an enterprise-wide image management solution are
also clear. The enterprise approach allows cardiologists, who have peripatetic
working habits, to access their images from any DICOM-enabled location.
However, the high infrastructural costs of installing CIS and picture archiving
and communication systems (PACS) pose a formidable purchase barrier.
Unlike the radiology department, cardiology does not serve the rest of the
hospital. Other departments in the hospital do not make use of cardiology PACS
as extensively as they would utilise radiology PACS.
"Therefore, hospitals are sceptical about investing in cardiology IT," explains
Carron-Peters. "Some European countries like
Spain
and
Italy
are not even
adequately equipped in terms of cardiology modalities, making it even more
difficult to invest in an IT solution such as CIS and cardiology PACS."
Research into the networked hospital environment reveals that cardiology PACS
modules can depend on the existing radiology PACS infrastructure. Leveraging
the existing radiology PACS infrastructure will prove appealing to the hospital
management.
"On the other hand, vendor consolidation is spurring the development of
integrated solutions, which is allowing end users to adopt the single-vendor
approach and purchase an integrated solution in which all the technologies are