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Healthcare Payer Business Intelligence Solution Evolution, 2008-2010

Published by: IDC

Published: Feb. 19, 2008 - 9 Pages


Table of Contents


Table of Contents

Health Industry Insights Opinion

In This Report

Brief Description of the Solution

Situation Overview

A Brief History

Consolidation/Enterprise Trends

Expansion/Dynamic Tools Within Niche Healthcare Applications

Merger and Acquisition Activity and Product Expansion Among Niche Healthcare Solutions Vendors

Management Challenges

Emerging Market Solution Dynamics

Internal (Performance) Versus External (Transparency) Investment Management

Underlying Business Intelligence Technology Partners

External/Benchmark Support

Emerging Technology

Future Outlook

Future Adoption Patterns

Market Trends

Essential Guidance

Actions to Consider

Payers

Vendors

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Related Research

Synopsis

Abstract

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.



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