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2012/09/11

Health care and social services IT spending to grow by $2.6 billion

This week's FierceHomelandSecurity is brought to you by Deltek.
 

The demand for information technology among U.S. state and local health and human services agencies will increase from $16.6 billion in 2012 to $19.3 billion in 2017, bringing $2.7 billion in new spending to the market at a compound annual growth rate (CAGR) of 3.1 percent.

Those insights, and more, are explained in Deltek's State & Local Health Care and Social Services Market, 2012-2017 report. Download the report today to get new perspectives on IT market trends for health insurance exchanges, Medicaid, and other means-tested benefits programs.

Key forces currently shaping this market include:

  • Gradual stabilization of state and local revenue streams
  • Implementation of architectural guidelines to incrementally modernize systems supporting mean-tested benefit programs
  • Increased federal direction and mandates to reduce waste, fraud, and abuse (i.e., improper payments)
  • Renewed efforts (by most states) to implement health insurance exchanges (HIX) and quality-based care systems for Medicaid, following the recent U.S. Supreme Court decision on health care reform

Get the Full Report Now! Free Report Summary Download!

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