Allied Market Research reports that the global healthcare information technology (IT) market size was valued at $250,577.15 million in 2020, and is projected to reach $880,688.75 million by 2030, registering a CAGR of 13.3% from 2021 to 2030.
Data Bridge Market Research reports the market drivers and growth can be attributed to the increase in technological know-how, growing volume of patient data, and demand for quick and efficient healthcare processes and systems will help in driving the growth of the healthcare IT market. Increasing digitization in the healthcare industry and demand for value based care and rising cost of provision of healthcare services coupled with the increasing number of healthcare facilities will likely accelerate the growth of the healthcare IT market in the forecast period of 2020-2027.
Health IT Product News
Wolters Kluwer unveils Advanced Compounding module to enhance USP compliance for complex pharmacy operations
Wolters Kluwer Health announced the launch of its new Advanced Compounding module for Simplifi 797, giving pharmacies a comprehensive solution to meet 2023 USP Chapter 797 requirements for even the most complex compounding needs—from high-risk sterile processes to advanced batch tracking and beyond-use dating—all in one closed-loop system.
Cedar Gate Introduces Next-Generation Solutions for Prospective Bundled Payment Models
Cedar Gate Technologies (Cedar Gate), an IQVIA business and provider of value-based care technology with over 40 years of experience in bundled payments, has launched a new suite of capabilities designed to make participation in prospective bundled payment models faster, simpler, more financially predictable, and quality-driven.
b.well Launches the First-Ever SDK for Health AI Assistants
b.well Connected Health, the most connected digital health platform for AI-powered consumer experiences, unveiled the first SDK built to power healthcare AI assistants with clean, connected, real-time health data and to provide self-service features that let individuals take action through conversational AI. As organizations race to deploy consumer-facing AI chat and agent experiences, the now-available SDK provides the safe, accurate, and scalable foundation needed to bring them to market.
Telehealth Product News
TenDollarTelehealth Launches, Delivers $10 Primary and Urgent Care as ACA Premiums Soar
As millions of Americans brace for record insurance premium hikes and expiring subsidies, a new startup led by Dr. Renee Dua, founder of Heal, is addressing the crisis with a transformative solution: TenDollarTelehealth, delivering $10 unlimited primary and urgent-care visits with licensed providers, no insurance or deductibles required.
NavioMD Launches Telehealth Platform Focused on Modern, Clinician-Guided Care
NavioMD announced the launch of its telehealth platform, offering patients access to clinician-guided care through a modern, technology-enabled experience designed to support long-term health needs.
AI Product News
Wolters Kluwer launches Expert AI enhancements to CoursePoint+, meeting the rapidly changing demands of nursing education
Nursing students today face a range of challenges, from applying theoretical knowledge to their assignments to learning complex nursing terminology and retaining information from extensive reading. To help students enhance their understanding of concepts, knowledge, and curriculum, Wolters Kluwer Health announces the introduction of Lippincott® CoursePoint+ with Expert AI. This new learning solution has been designed with extensive input and testing by nurse educators and students to offer an AI tool that is grounded in current pedagogical source material.
Greenway Health® Reimagines the Future of Ambulatory Care, Unveils The Automated Healthcare Practice™ at ENGAGE 2025
Greenway Health, a health information technology provider, announced the launch of its most transformative innovation yet: The Automated Healthcare Practice, an intelligent, agentic AI-driven ecosystem designed to redefine how ambulatory care is delivered.
TeleTracking Launches First AI-Powered Patient Throughput Solution, Decision IQ®
TeleTracking Technologies, a company in Healthcare Operations Platforms for hospitals and health systems, announced the launch of Decision IQ , the first AI-driven solution designed to manage patient flow at scale during their annual TeleSummit customer conference in Nashville. The solution is already in place at University of Louisville Health (UofL Health), where leaders are using it to address capacity constraints and improve access.
