Study: Massive EMR Vendor Die-Off Expected Over Next Four Years

Anne Zieger | Hospital EMR & EHR | July 23, 2013

Well, if you were waiting for someone to say the sky is falling, here it is.  According to Black Book Market Research, more than half of the EMR vendors in business today are going to fail within the next few years.

Right now, according to Black Book estimates, there are almost a thousand EMR vendors in business, including over 600 smaller vendors. But by the time 2017 rolls around (or Meaningful Use 3 hits) more than half of those vendors will be gone, the research firm says.

To get a feeling for the state of the EMR market, Black Book surveyed 880 EMR consultants, analysts, managers and support team members. Ninety percent of those interviewed predicted that the majority of EMR vendors currently implemented will no longer exist as an independent entity. (They’ll either have merged, been acquired or closed up shop, the experts say.)