EHR investments slowing down as hospitals cite high costs, study finds

Healthcare Finance: Hospitals spent nearly $25 billion globally on electronic health records in 2017 and that is projected to increase to $33 billion by 2023 but signs are also emerging EHR spending is starting to slow down, according to a report from Allied Market Research.

Specifically, the cost of software and implementation are inhibiting growth from being more robust. There has also been an increase in concerns related to the safety and security of the data contained therein.

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