Report: Most EHR Vendors Will Fail To Survive Through Meaningful Use Stage 3

A recent poll of industry insiders predict that the majority of EHR vendors will fail to sustain operations by the time Meaningful Use stage 3 is fully implemented, according to Black Book Rankings.  The results found that 9 of 10 insiders predict the crowded environment of nearly a thousand rivals will shrink down to less than half by 2017, or by Meaningful Use stage 3, whichever comes first.

The poll of EHR industry insiders included EHR consultants, analysts, managers and support team members. Over 600 vendors are fighting for a small portion of the marketshare in this highly competitive landscape. EHR vendors express revenue loss associated with replacing lost clients as one of their most pressing concerns.