This IDC Market Glance establishes a framework for the healthcare analytics market and includes vendors participating in each of the categories found in the framework.
IDC's surveys of healthcare technology buyers indicate that analytics is and will continue to be a top investment priority for the next 12–24 months. The term analytics is ambiguous at best and leaves prospective buyers in a state of confusion, often resulting in procurement decisions that do not meet the long-term needs of the organization. Healthcare payers and providers struggle between applications that are "enterprise" and thus designed to meet most of the organization's analytics requirements and those analytic applications that are purpose built to solve a specific business problem. We are seeing vendors emerge that are offering an analytic platform that at its core delivers a curated set of data that feeds the vendors' analytics, third-party analytic products (purpose built) and, in some cases, workflow applications. IDC believes this is a model for the future as it creates a single source of truth and does not limit clients to a single set of analytic applications. The current rate of proliferation of purpose-built analytics creates a significant data management challenge for healthcare organizations.
Definitions for all categories creates a single vocabulary for the major categories and subcategories of the analytics market. If one were to create a separate an IDC Market Glance for payers and providers there would be additional categories specific to each segment. "The IDC Market Glance: Healthcare Analytics, 1Q19 is designed to assist both buyers and suppliers of analytics to understand the market at its highest level. Suppliers will better understand how they "fit into" this framework, and buyers will be guided to vendors with expertise in particular domains." — Cynthia Burghard, research director, IDC Health Insights
BurstIQ Analytics Corporation, Cotiviti Corporation, Cognizant Technology Solutions Corporation, Inovalon Holdings Inc., Pulse8, LLC, Dynamic Healthcare Systems Inc., Lightbeam Health Solutions, LLC, HealthTrio, LLC, VitreosHealth, Infogix Inc., Fair Isaac Corporation, Talix, Inc., General Dynamics Corporation, SPH Analytics, Altruista Health, Inc., ZeOmega Inc., SA Ignite, Inc., Epic Health Services, Inc., LexisNexis Group Inc, DST Health Solutions, Inc., Allscripts Healthcare Solutions, Inc., Ayasdi Inc., Philips Semiconductors, Casenet, LLC, Virence Healthcare Technologies, Nextgen,Inc., eClinicalWorks, LLC, MediTech Health Services, Inc., Edifecs Inc., Practice Fusion, Inc., SAP SE, KenSci Inc., HealthEdge Software, Inc., Cogitativo Inc., Change Healthcare LLC, Lumeris, Inc., Athenahealth, Inc., Cedar Gate Technologies LLC, Enli Health Intelligence Corporation, Ciox Health, Greenway Health LLC, Medecision, Inc., MedeAnalytics Inc., CognitiveScale Inc., Computer Programs and Systems, Inc., Arcadia Healthcare Solutions, Inc., Optum, Inc., GSI Health, LLC, Innovaccer Inc., Cerner Corporation, HMS Holdings Corp., QualMetrix Inc., IBM, Evolent Health Inc., Health Catalyst, LLC, Milliman, Inc., ExlService Holdings, Inc.