DrChrono Recognized For Best Electronic Health Record Innovation In 2021 MedTech Breakthrough Awards Program
Annual Awards Program Recognizes Outstanding Health & Medical Technology Products and Companies
Sunnyvale, CA (GLOBE NEWSWIRE) - DrChrono Inc., the company developing the essential platform and services for modern medical practices, announced today that it has been selected as the winner of the “Best Electronic Health Record Service” award in the fifth annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global health and medical technology market.
Thousands of physicians and medical professionals across the country use DrChrono s open platform for electronic health record (EHR), practice management, medical billing, revenue cycle management and telehealth needs. DrChrono’s high level of innovation in the EHR space is in large
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The global health information exchange market is expected to reach USD 2.0 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 12.2%.
Growth in this market can be attributed to factors such as growing need to curtail healthcare costs, focus on patient-centric care delivery, growing adoption of EHRs and other HCIT solutions, government initiatives for enhancing patient care and safety, government funding for healthcare interoperability. However, data privacy concerns, need for significant investments in infrastructure development and high cost of deployment, lack of true interoperable solutions are expected to hinder the market growth.