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Earlier healthcare providers were dependent on paper charts, phone calls, pagers and fax machines to send and receive patient health information which are now considered as timeconsuming, unreliable and has quiet often left the healthcare providers with an incomplete scenario of patient's medical history. But nowadays these outdated means of communication are rapidly being taken over by health information exchange HIE. HIE is an electronic mode for movement or transferring health related data among organizations securely based on nationally recognized standards.
The healthcare organizations develop instruments for secure transfer of information between the multiple electronic health record systems. Three different levels of HIE exchange include for coordinate caredirect exchange, for unplanned carequery based exchange and finally for patient controlconsumer mediated exchange. Patient matching, increased focus on data security, population health management and meeting stage 2 meaningful use exchange requirements are a few major transformations which took place in recent times in HIE market.
The global health information exchange market is expected to grow at a CAGR of around 9.6% from 2015 to 2021. The health information exchange market is classified based on setup, vendor, implementation, information exchange type, component, application, endusers and geography. The health information exchange by setup is further segmented into public HIE and private HIE. The healthcare information exchange market by vendor is divided portalcentric, messagingcentric, platformcentric and others. The health exchange market by implementation model is divided into centralized or consolidated HIE, federated or distributed HIE, switch model, patient managed and hybrid HIE.
The market by information exchange type is classified into push mode and pull. The global health information exchange market by component contains enterprise master patient index EMPI, healthcare provider directory HPD, record locator services RLS and clinical data repository. Further the health information exchange market based on its application includes interfacing internal application, workflow management, secure messaging, web portal development, patient safety and other applications.
On the basis of endusers the health information exchange market is classified into ED provider, public health agency, medical research, primary care provider, care manager and specialists. Finally, the health exchange market is classified by geographical regions into North America, Europe, Asiapacific and Rest of the World.
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