A great deal of healthcare technology is focused on making the patient’s life easier: door-to-door medication deliveries, patient portals that can be accessed via mobile devices, telemedicine solutions that enable remote medical appointments, wearable devices that monitor low blood sugar, and much more.
But what about the physicians who work tirelessly to provide care to patients? What types of technology do they use to make their jobs easier and their days more productive?
In Q1 of 2019, Definitive Healthcare published a previously exclusive report that aimed to answer this very question. Since then, though, have there been any notable developments in the physician technology market? Keep reading for updated statistics and details about top physician technology vendors and the overall market landscape in 2020.
3 common physician technology solutions
There are many different types of physician technology solutions, but for this blog post, we are looking at the following three technologies:
Physician assessment software tool – a dashboard tool that combines data from disparate clinical systems into one single source. This allows providers to proactively review, monitor, and analyze physician performance to provide intelligence for improvement plans and staff management.
Physician documentation – the use of structured template documentation by physicians to capture patient findings that are part of the electronic medical record (EMR), like medical history and physicals, problems and diagnostic findings, discharge notes, and more.
Physician portal – a password-protected portal designed for physicians to access patient information and engage in physician-to-physician communication.
At the time of the original Definitive Healthcare report, physician documentation had the highest reported implementation rate at 88 percent of U.S. hospitals, rising steadily from 2008. Physician portals had not grown as quickly despite being introduced in a similar time frame.
Physician assessment tools, on the other hand, were introduced more recently than the prior mentioned solutions, so only one-quarter of U.S. hospitals reported a solution in use for this technology — indicating significant room for growth in this area.
What are the most widely used physician technology solutions?
Hospitals tend to use their EHR vendor when implementing physician solutions to ensure technology interoperability. According to the original Definitive report, of the 3,732 hospitals reporting physician portal installations, 76 percent used the product offered by their EHR vendor. As for the 4,915 hospitals using physician documentation, 94 percent used their EHR vendor’s solution as well.
With that said, we can take a look at which specific physician technologies are leading the market as of 2020.
Most installed physician assessment software at U.S. hospitals
A consistent trend readers can expect to see throughout this conversation is Epic software ranking as the most commonly used option among any of these three technology categories. In this instance, Epic System’sCaboodle software ranks as having the highest number of installs for any physician assessment solution with 477 total installs and 31.51 percent market share. Optum and Qlik follow after with 18.5 percent and 10 percent market shares, respectively.
Most installed physician clinical documentation software at U.S. hospitals
Regarding physician documentation software, we see that Epic Systems owns 31 percent of the market share with 1,510 total installs. Cerner’sPowerNote software follows in second place with 21.5 percent market share and 1,051 total installs. Meditech secures the third highest spot on this list with 11 percent market share and only 532 total installs.
Most installed physician portals at U.S. hospitals
In the category of top physician portals, we see that, again, Epic System’s offering — EpicCare Link — hold the top ranking with 1,392 total installs and 35.5 percent market share. Cerner’s Millennium follows in second with 18 percent market share and 717 installs. Interestingly, proprietary software is reported as the third most commonly use physician portal, meaning almost 9 percent of this market is using their own internally developed solution.
Still looking for more information on hospital technology installations and market share breakdowns? Read our blog on Technology Solutions for Healthcare Quality Improvement to learn which software solutions hospitals are using — or should be using — to boost and maintain their quality scores.