Healthcare Payer Business Intelligence Solution Evolution, 2008-2010

This Health Industry Insights report reviews major trends in business intelligence solutions from 2005 to 2007 and their effects on healthcare payer strategies and deployment through 2010.

Health Industry Insights surveys indicate that at least two-thirds of healthcare payer organizations plan to reassess business intelligence strategies through 2010 and to make business intelligence investments. Successful restructuring of the business intelligence and information management strategy depends on availability of strong proven solutions. However, the healthcare payer business intelligence market "perfect storm" of drivers is paralleled by a corresponding vendor solution market perfect storm of rapid market change and evolution.

"The U.S. healthcare payer business intelligence spending CAGR projection through 2011 is 12.4%, exceeding the average industry IT spending CAGR of 7%. High market demand, high spending projections, and a volatile market in transition all require new solution assessment criteria and management oversight," says Janice Young, program director for Healthcare Payer IT Strategies.