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Health Information Exchange (HIE) Market is expected to witness Incredible Growth during 2022-2031 | MEDITECH, Intersystems Corporation, Change Healthcare, Cerner Corporation, Epic Systems Corporation

09-14-2023 09:26 PM CET | Health & Medicine

Press release from: Global Insight Services

Health Information Exchange (HIE) Market is expected to witness

New York, The Health Information Exchange (HIE) is a national initiative that allows healthcare providers to securely share patient health information electronically. The HIE provides a way for providers to access and exchange patient health information from different organizations, including hospitals, laboratories, and clinics. The HIE also allows providers to share information with patients and their caregivers. The HIE is a secure, confidential way to exchange health information.

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Key Trends
There are four key trends in HIE technology:

1. The use of HIEs to exchange health information is increasing.

2. The use of HIEs to improve care coordination is increasing.

3. The use of HIEs to support population health is increasing.

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Key Drivers
One of the key drivers of the Health Information Exchange (HIE) market is the need to improve patient care and outcomes. HIE allows for the sharing of patient health information between different providers, which can lead to better coordination of care, improved communication between providers, and ultimately better patient outcomes.

Another key driver of the HIE market is the need to reduce healthcare costs. By sharing information between different providers, HIE can help to reduce duplicate tests and procedures, and improve the efficiency of care.

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Market Segments
The health information exchange market is segmented by type, application, end-use, and region. By type, the market is divided into directed exchange, query-based exchange, and consumer-mediated exchange. On the basis of application, it is bifurcated into web portal development, workflow management, secure messaging, internal interfacing, and others. Based on end-use, the market is divided into healthcare providers, healthcare payers, and pharmacies. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.

Key Players
The global health information exchange market includes players such as MEDITECH, Intersystems Corporation, Change Healthcare, Cerner Corporation, Epic Systems Corporation, Medicity Inc, Care Evolution, RelayHealth Corporation, Siemens AG, Orion Health, and others.

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