Healthcare Moves Rapidly to the Cloud

Healthcare organizations are recognizing the power of the cloud, and its ability to significantly reduce costs and improve efficiency. According to IDC Health Insights, by 2020, 80% of healthcare data will travel through some form of a cloud-based technology. Frost & Sullivan predicts that by 2020 the U.S. healthcare cloud market will reach $3.54 billion, compared to $903.1 million today.

Clouds can help healthcare organizations meet technology requirements implemented by the Affordable Care Act. For example, IMS Health, a provider of healthcare information and technology solutions, intends to help its clients rapidly monitor and fix their pharmaceutical sales and marketing initiatives. The company is transitioning away from in-house Microsoft Azure System to instead use Amazon’s Redshift data warehouse to process transactional systems.

Baylor, Scott & White Health says that it plans to expand its cloud use beyond its current 1,000 person IT department. Jay Yellot, vice president of Baylor, Scott & White Health, believes that on-premises systems are going to cost more and be less reliable, while a cloud would be more convenient for any service the company wishes to deliver.

Summary by MedicalGroups.com

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