Friday, March 5, 2010

US Government incentive to push personal health to records

Personal health record (PHR) providers are expected to be among the main beneficiaries from the U.S. government’s recent EMR (electronic medical records) incentive, according to a report published by international research firm Parks Associates.

The report, titled Electronic Health Records: Information Center of Connected Care, notes that the intuitive will raise awareness among consumers and will push the total number of PHR users to over 100 million by 2014.

This authors note that the $19 billion financial incentive from the U.S. federal government includes a “meaningful use” requirement. They added that although PHR is not fully spelled out as part of the reform, designed to promote EMR adoption, it is implied in one of the requirements.

“Despite a slow start, the PHR market is poised to grow, thanks in large part to government incentives,” said Harry Wang, Director, Health and Mobile Product Research, Parks Associates. “Patient portal as a tethered PHR will experience the fastest expansion over the next few years because it will serve a dual purpose for physicians. PHR will serve as a patient communication tool and will also help them qualify for the incentive. Doctors will communicate the benefits of PHRs to consumers, resulting in rising awareness and more frequent usage.”

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