News Headlines Article

Hospital IT should hit $6.5 billion in 2012, report says
Modern Healthcare

It’s no news that the hospital segment of the health information technology market is exploding, but speculation about the size of the boom always is interesting if you’re a health IT systems buyer, user or, particularly, a developer. The latest report by market watcher Frost & Sullivan says hospital IT revenues in 2009, the year the American Recovery and Reinvestment Act was passed, were just shy of $1 billion ($973.2 million), according to a news release about the report.