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HIS Patient Accounting Systems Market Opportunities, Strategies, and Forecasts 2007 to 2013

Wintergreen Research
September 1, 2007
485 Pages - SKU: WGR1560910

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The market for hospital IT financial and billing solutions is intensely competitive, rapidly evolving, and subject to rapid technological change. The breadth and quality of solution and service offerings, the stability of the solution provider, the features and capabilities of the information systems and devices, the ongoing support for the systems and devices and the potential for enhancements and future compatible software solutions and devices.

A shared database consolidates non-repetitive data, eliminating time-consuming duplication of data entry and fragmentation of records. Shared process servers provide patient identification, scheduling, ordering, charging, results, documentation and measurement, eliminating the confusion of multiple applications performing the same functions in multiple, unconnected ways.

Competitors in the HIT healthcare solutions and services market include: Cerner, Eclipsys Corporation, Epic Systems Corporation, GE Healthcare Technologies, iSoft Corporation, McKesson Corporation, Medical Information Technology, Misys Healthcare Systems, and Siemens Medical Solutions Health Services Corporation, each of which offers a suite of software solutions. Other competitors focus on only a portion of the market that the major participants address.

Automation of manual process is what achieves accuracy in the delivery of patient accounting. Short collection times depend on accuracy of record keeping and automation of process. Physician confidence in the IT system depends on timely payment. The significant difference in reliability between three nines of availability offered by the distributed servers and the five nines of availability on Z OS on the mainframe hardware has measurable impact on the cost of manual process vs. the cost of automated process. It has further impact on the perception of a hospital group as a leading health care institution by the physicians who practice there.

Hospital information systems credit collections software is shifting as systems become more integrated. Integrated systems interconnect with automated coding that creates more automated process. Credit collections software is modernized with sophisticated techniques for implementing personal data collection. The related digital evidence and investigation issues are being included as part of automated process.

The use of mainframes for real time hospital billing systems implementations provides security and protections that is needed in modern billing and collections systems. They have a significant impact on people's trust in online transactions. Despite the number of reported incidents, cases of online ID theft are currently examined in an ad hoc empirical fashion.

The mainframe security supports a structured approach to protect Internet based, patient and physician facing systems. The issue of online theft and the need for co-coordinated actions for compliance with HIPAA requirements are driving implementation of mainframe systems for hospitals.

Patient billing market forecasts are at 1.1 million units in 2006, anticipated to reach 1.54 million units by 2013.

HIS PATIENT ACCOUNTING SYSTEMS EXECUTIVE SUMMARY: Market For Healthcare Patient Accounting IT Solutions; Market For Healthcare IT Patient Accounting; Market For Healthcare Patient Accounting IT Market Forecasts
1. HOSPITAL PATIENT FINANCIAL INFORMATION SYSTEMS MARKET DEFINITION AND MARKET DYNAMICS: 1.1 Healthcare Hospital Industry; 1.2 Consumer- and Employer-Driven Healthcare; 1.3 Importance Of Ambulatory Care In Healthcare Delivery, And The Need For Accelerating The Adoption Of IT; 1.4 Relative Costs Of The Two Systems And The Cost Advantages Of The ZVM Over A Unix Distributed Server; 1.5 IBM WebSphere electronic patient record Zvm/ vs Distributed servers Return On Investment Business Benefits to Enterprise hospital facility Permanente; 1.6 Electronic patient record Security Costs; 1.7 Health Level Seven (HL7) Organization; 1.8 Interoperable Health Information Technology Infrastructure; 1.9 Health Insurance Portability and Accountability Act (HIPAA); 1.10 Medicare Prescription Drug, Improvement, and Modernization Act; 1.11 Joint Commission on Accreditation of Healthcare Organizations; 1.12 Market for Healthcare Information Technology
2. HOSPITAL PATIENT ACCOUNTING FINANCIAL INFORMATION SYSTEMS MARKET SHARES AND MARKET FORECASTS: 2.1 Market For Healthcare Patient Billing and Accounting IT Solutions; 2.2 Market For Healthcare IT Patient Accounting; 2.3 Hospital Information Systems: Patient Billing Markets; 2.4 Hospital Information Systems Credit Collections Software; 2.5 Benefits Administration; 2.6 Accounts Payable Markets; 2.7 Cost Accounting; 2.8 Hospital Information Systems (HIS) Regional Market Segments, 2006
3. HOSPITAL PATIENT FINANCIAL INFORMATION SYSTEMS SOFTWARE PRODUCT DESCRIPTION: 3.1 Cerner; 3.2 iSoft; 3.3 GE / IDX; 3.4 Siemens; 3.5 Lawson; 3.6 Misys; 3.7 McKesson; 3.8 Meditech Hospital system; 3.9 Meditech Health Care Information System
4. HEALTHCARE PATIENT ACCOUNTING INTEGRATED SYSTEMS (HIS) PROCESS TECHNOLOGY: 4.1 Healthcare and Healthcare IT Industry; 4.2 Hospital and Physician Practice Market Conditions; 4.3 Healthcare Information Technology Market; 4.4 Leapfrog Group; 4.5 Hospital information Software Technology; 4.6 SOA Engines; 4.7 Open Systems; 4.8 Service Oriented Architecture (SOA); 4.9 Java; 4.10 J2EE (Java™ Platform)
5. HOSPITAL INFORMATION SYSTEM COMPANY PROFILES: 5.1 Hospital Information System Companies; 5.2 HIMSS Segments:; 5.3 Cerner; 5.4 CostFlex Systems; 5.5 CPSI; 5.6 Eclipsys; 5.7 Epic; 5.8 GE / IDX / Centricity; 5.9 Hyperion Solutions:; 5.10 iSoft:; 5.11 Kodak Health Group; 5.12 Lawson; 5.13 Misys Healthcare Systems:; 5.14 Meditech; 5.15 mTuitive; 5.16 QuadraMed; 5.17 SCC Soft Computer:; 5.18 Siemens:
List of Tables and Figures
HIS PATIENT ACCOUNTING SYSTEMS EXECUTIVE SUMMARY: Table ES-1 Healthcare Patient Accounting IT Solution Market Driving Forces; Figure ES-2 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses and Services, 2006; Figure ES-3 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses, 2006
HOSPITAL PATIENT FINANCIAL INFORMATION SYSTEMS MARKET DEFINITION AND MARKET DYNAMICS: Table 1-1 Electronic Health Record (EHR) Longitudinal Electronic Patient Benefits; Table 1-2 Electronic Health Record (EHR) Longitudinal Electronic Patient Features; Table 1-3 Mainframe vs. Distributed Cost Comparison Summary 2006 Mainframe Distributed; Table 1-4 IBM WebSphere Mainframe Return On Investment Business Benefits; Table 1-5 Service Level Availability Summary Pages; Table 1-6 Electronic Patient Record Security Costs; Table 1-7 Interoperable Health Information Technology Infrastructure Functions
HOSPITAL PATIENT ACCOUNTING FINANCIAL INFORMATION SYSTEMS MARKET SHARES AND FORECASTS: Table 2-1 Healthcare Patient Accounting IT Solution Market Driving Forces; Figure 2-2 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses and Services, 2006; Figure 2-3 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses, 2006; Figure 2-4 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses, 2006; Figure 2-5 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses, 2006; Figure 2-6 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses, 2006; Figure 2-7 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses and Services, 2006; Figure 2-8 Worldwide Hospital Information Systems: Patient Billing Market Shares, Licenses and Services, 2006; Figure 2-9 Worldwide Patient Billing Software: Number Of Units Shipped, Market Forecasts 2007 - 2013; Figure 2-10 Worldwide Patient Billing Software: License and Services Fees, Market Forecasts 2007 - 2013; Figure 2-11 Worldwide Patient Billing: Services Fees, Market Forecasts 2007 - 2013; Figure 2-12 Worldwide Hospital Information Systems: Credit Collections Software Market Shares, 2006; Table 2-13 Worldwide Hospital Information Systems: Credit Collections Software Market Shares, 2006; Figure 2-14 Worldwide Hospital Information Systems Credit Collections: Number Of Units Shipped, Market Forecasts 2007 - 2013; Figure 2-15 Worldwide Hospital Information Systems Credit Collections: License & Service Fees, Market Forecasts 2007 - 2013; Table 2-16 Worldwide Hospital Information Systems Credit Collections: License & Service Fees, Market Forecasts 2007 - 2013; Figure 2-17 Worldwide Hospital Information Systems Benefits Administration: License & Service Fees, Dollars, Market Shares 2006 - 2013; Table 2-18 Worldwide Hospital Information Systems Benefits Administration: License & Service Fees, Market Shares, 2006; Figure 2-19 Worldwide Hospital Information Systems Benefits Administration: Number Of Units Shipped, Market Forecasts 2007 - 2013; Figure 2-20 Worldwide Hospital Information Systems Benefits Administration: License Fees, Market Forecasts 2007 - 2013; Table 2-21 Worldwide Hospital Information Systems Benefits Administration: License & Service Fees, Market Forecasts 2007 - 2013; Figure 2-22 Worldwide Hospital Information Systems: Accounts Payable Market Shares, 2006; Table 2-23 Worldwide Hospital Information Systems: Accounts Payable Market Shares, 2006; Figure 2-24 Worldwide Hospital Information Systems Accounts Payable: Number Of Units Shipped, Market Forecasts 2007 - 2013; Figure 2-25 Worldwide Hospital Information Systems Accounts Payable: License and Service Fees, Market Forecasts 2007 - 2013; Table 2-26 Worldwide Hospital Information Systems Accounts Payable: License & Service Fees, Market Forecasts 2007 - 2013; Figure 2-27 Worldwide Hospital Information Systems Cost Accounting: Market Shares 2006; Figure 2-28 Worldwide Hospital Information Systems Cost Accounting: Market Shares 2006; Figure 2-29 Worldwide Hospital Information Systems Cost Accounting: Number Of Units Shipped, Market Forecasts 2007 - 2013; Figure 2-30 Worldwide Hospital Information Systems Cost Accounting: License and Service Fees, Market Forecasts 2007 - 2013; Table 2-31 Worldwide Hospital Information Systems Cost Accounting: License & Service Fees, Market Forecasts 2007 - 2013; Figure 2-32 Hospital Information Systems (HIS) Regional Market Segments, 2006; Table 2-33 Hospital Information Systems (HIS) Regional Market Segments, 2006
HOSPITAL PATIENT FINANCIAL INFORMATION SYSTEMS SOFTWARE PRODUCT DESCRIPTION: Table 3-1 Cerner Millennium Functions; Table 3-2 Eclipsys Sunrise Discovery With Financial Analysis Functions; Table 3-3 Eclipsys Network Technology Services; Table 3-4 Eclipsys Sunrise Surgical Manager Functions; Table 3-5 Eclipsys Sunrise Surgical Manager Solution Tracks; Table 3-6 Eclipsys Sunrise Emergency Care Manager Functions; Table 3-7 Eclipsys Sunrise™Ambulatory Care Manager Benefits; Table 3-8 EpicCare Cadence's Core Scheduling Components; Table 3-9 EpicCare ADT/Prelude Bed Utilization Functions; Table 3-10 EpicCare Hospital Billing Features; Table 3-11 GE / IDX Carecast Patient Accounting Features; Table 3-12 Siemens Soarian® Scheduling Key features:; Table 3-13 Siemens Soarian® Scheduling Key benefits:; Table 3-14 Siemens Invision Functions; Table 3-15 Siemens Invision Benefits; Table 3-16 Siemens Coding Management solution features:; Table 3-17 McKesson Revenue Cycle Management Solutions Benefits; Table 3-18 McKesson Revenue Cycle Management Solutions Modules; Table 3-19 McKesson EC2000 Benefits; Table 3-20 McKesson EC2000 Claims Administrator Benefits; Table 3-21 McKesson HealthQuest® Benefits; Table 3-22 Mckesson HealthQuest® Patient Accounting Benefits; Table 3-23 Mckesson HealthQuest® Receivables Workstation Benefits; Table 3-24 Mckesson Horizon Business Folder Benefits; Table 3-25 McKesson Horizon Passport Benefits; Table 3-26 McKesson Paragon® Hospital Information System (HIS) Benefits; Table 3-27 McKesson Paragon Patient Accounting System Functions; Table 3-28 McKesson Paragon Patient Accounting System Benefits; Table 3-29 McKesson Pathways Healthcare Scheduling Benefits; Table 3-30 McKesson Real-Time Address and Credit Check Benefits; Table 3-31 McKesson Real-Time Eligibility Benefits; Table 3-32 McKesson Revenue Cycle Outsourcing Benefits; Table 3-33 McKesson STAR Revenue Cycle Solution Modules; Table 3-34 McKesson STAR Revenue Cycle Solution Benefits; Table 3-35 McKesson STAR Account Express Telephonic Inquiry System; Table 3-36 McKesson STAR Account Express Telephonic Inquiry System Benefits; Table 3-37 McKesson Transaction Solutions Hub Benefits; Table 3-38 Medical Information Technology (MEDITECH) Hospital Software Table 3-39 Meditech Software Modules; Table 3-40 Meditech Reporting and Decision Support; Table 3-41 Meditech Nursing Application Functions; Table 3-42 Meditech Nursing Application Features; Table 3-43 Meditech Nursing Application Management of Care Plans Features; Table 3-44 Meditech Nursing Application Management of Care Plans Features; Table 3-45 Meditech Nursing Application Automated Assessments Features; Table 3-46 Meditech Nursing Application Point-of-Care Documentation Features; Table 3-47 Meditech Nursing Application Acuity System Features; Table 3-48 Meditech Nursing Managing Interventions System Features; Table 3-49 Meditech Nursing Scheduling Capabilities System Features; Table 3-50 Meditech Nursing Other System Features; Table 3-51 Meditech Patient Discharge Instructions Benefits; Table 3-52 Diagnoses For Which Discharge Instructions Are Available; Table 3-53 Meditech General Ledger Application Functions; Table 3-54 Meditech General Ledger Application Features; Table 3-55 Meditech Bookkeeping Functions; Table 3-56 Meditech Real-Time Inquiry Functions; Table 3-57 Meditech Real-Time General Reporting Functions; Table 3-58 Meditech Real-Time Budgeting; Table 3-59 Meditech Real-Time Expense And Revenue Allocation; Table 3-60 Meditech Real-Time Security Features; Table 3-61 Meditech Accounts Payable Functions; Table 3-62 Meditech Accounts Payable Benefits; Table 3-63 Meditech Accounts Payable Features
HEALTHCARE PATIENT ACCOUNTING INTEGRATED SYSTEMS (HIS) PROCESS TECHNOLOGY: Table 4-1 Healthcare Industry Infrastructure Technical Factors; Table 4-2 Hospital Information Software Technology Functions; Table 4-3 Types of Standards in the Healthcare Supply Chain; Table 4-4 Service Oriented Architecture (SOA) Functions
HOSPITAL INFORMATION SYSTEM COMPANY PROFILES: Table 5-1 HIMSS Segments; Table 5-2 HIMSS Top Companies:; Table 5-3 Key Elements Of Cerner Business Strategy; Table 5-4 Key Elements Of Cerner Market Functions; Table 5-5 Cerner Elements of Positioning for Continued Long-Term Growth Table 5-6 Cerner Electronic Positioning; Table 5-7 Hyperion Business Performance Management Key Market Dynamics Table 5-8 Hyperion Strategy Key Elements; Table 5-9 Lawson S3 Enterprise Performance Management Applications; Table 5-10 Lawson S3 Supply Chain Management Applications; Table 5-11 Lawson S3 Human Capital Management Applications Include; Table 5-12 Lawson S3 Business Process Management Applications; Table 5-13 Lawson M3 Product Benefits of Solutions; Table 5-14 Misys Product Set; Table 5-15 Meditech Authorization and Referral Management Highlights:; Table 5-16 Siemens Medical Solutions offerings

HIS Patient Accounting Systems Market Opportunities, Strategies, and Forecasts 2007 to 2013

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