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Industry News
Health IT Spending to Grow to $3.9B in 4 Years

The demand for modern Medicaid Management Information Systems (MMIS) will be leading the charge in health care information technology (IT) spending over the next four years.  That according to a report from government research firm INPUT.

INPUT is reporting that annual spending on health care IT will rise from $6.9 billion in 2007 to $10.8 billion by 2012.  Investments in MMIS technology is expected to generate $3.9 billion at the state and local levels. INPUT believes the investment in MMIS will trigger interest in other health IT-related concepts and technologies that will provide more long-term, proactive approaches to cost containment.

For complete story, visit INPUT website