Top Healthcare IT Companies – Medical & Healthcare Software Companies
One of the major focuses among governments all over the world is the digitization of healthcare. In the field of medical & healthcare software, there are various large and small players, and the healthcare IT companies are highly competitive across the globe. Health information technology software or Medical software is a wide category that includes various different types of software, generally, the types of software that are used for managing healthcare practices and patients helping healthcare providers. In medical settings, medical software is a class of tools employed for collecting information on individual patient health for various purposes such as short-term diagnoses, long-term study of behaviors, or for future reference. From labs and pharmacies to mental health and physical rehabilitation facilities, these tools can be found in all sectors of the medical and healthcare industries. Healthcare IT solutions work to connect various stakeholders in the e-health market and aim to streamline and modernize healthcare. Healthcare software companies can be involved in:
- Medical Record-Keeping
- Medical Practice Management
- Networking Solutions
- Medical Services Through Web Portals
- Hospital Management
- Software to Operate a Medical Instrument
- Software for Medical Research
The Healthcare IT industry can be broadly defined as a field using hardware and software, including electronic information systems, in order to store, receive, transmit, create, and analyze information about health and healthcare.
The Top Healthcare IT Companies include:
Cerner Corporation is engaged in developing intelligent services and solutions for the health care industry and provides technologies for connecting people and systems. In order to support the clinical, operational, and financial needs of firms, the company provides a wide range of services with 27,000 provider facilities worldwide. The company has a strong network of its distributors and subsidiaries. The company is present in various locations in Asia-Pacific, Middle East & Africa, Latin America, North America, and Europe.
McKesson Corporation works in various areas such as healthcare information technology, community oncology, specialty care, retail pharmacy, and healthcare supply chain management. Mckesson Technology Solutions provides clinical, financial, and supply chain management solutions to healthcare organizations, while generic and branded pharmaceutical drugs and other healthcare-related products are distributed by McKesson Distribution Solutions distributes branded and it also provides community-based oncology and other specialty practices with clinical support, technology, practice management, technology, and business solutions. The company is present in various locations in Asia-Pacific, Middle East & Africa, Latin America, North America, and Europe.
Headquartered: New York, U.S
International Business Machine (IBM) Corporation provides Healthcare IT solutions through its subsidiary IBM Watson Health and empowers influencers, advocates, and leaders in solving the biggest health challenges in the world. The company has its presence in various locations in Asia- Pacific, Middle East & Africa, Latin America, North America, and Europe.
Headquartered: Chicago, Illinois, U.S.
A subsidiary of General Electric (GE), GE Healthcare is involved in providing IT solutions for the enhancement of patient care and healthcare providers’ operational efficiency in the healthcare sector. Across the world, the company offers its products and services to a number of research institutes, hospitals, biotechnology, and pharmaceutical companies, life science research centers, and medical institutions. Under the Healthcare Digital business segment, the company provides Healthcare IT solutions. The company has its presence in various locations in North America, Asia- Pacific, Middle East & Africa, Latin America, and Europe. Major subsidiaries of GE Healthcare include Omnyx, Medi-Physics Inc., API Healthcare, Dharmacon, Inc., Biacore, Amersham, among others.
Allscripts Healthcare Solutions, Inc. aims to help healthcare establishments to achieve optimal clinical, operational, and financial results, by delivering information technology services and solutions. The company is located in various places such as in the UK, Australia, U.S. Canada, and major subsidiaries include Allscripts Healthcare International Holdings LLC, Careport Health, Inc., Misys Healthcare Systems LLC, among others.
Headquartered in Amsterdam, The Netherlands
Operating globally as a health technology company, Koninklijke Philips N.V. has 5 business segments as follows: Connected Care & Health Informatics, Diagnostic & Treatment, Lighting, Healthtech Other, and Personal Health. The company has its presence in various locations in the Netherlands, India, France, Japan, Germany, China, the U.S., among others.
Headquartered: Teaneck, New Jersey, U.S.
IT Services including digital technology, operation services, and consulting are provided by Cognizant Technology Solutions Corporation. Through the company’s Healthcare business segment, it provides Healthcare IT solutions. The company is present in various locations in Asia-Pacific, Middle East & Africa, Latin America, North America, and Europe.
Athenahealth, Inc. is a healthcare provider partnering with ambulatory healthcare providers and hospitals. Business services and Implementation & others are the two business segments through which the company operates. Under its Business services segment, through a single instance of cloud-based software, the company offers network-enabled medical records, care coordination, patient engagement, revenue cycle, and population health services. The company is present in various locations Asia-Pacific, Middle East & Africa, Latin America, North America, and Europe.
Headquartered in Minnesota, U.S.
For meeting the health system’s demands, UnitedHealth Group Incorporated provides insurance services, health care products, along with clinical expertise, advanced technology, and data and health information,. Under the company’s UnitedHealthcare and health services operating under Optum, it has strategically aligned business platforms such as health benefits operating. The company is present in various locations in the Asia Pacific, Europe, the Middle East, South America, and North America.
Headquartered in New York, U.S.
Infor, Inc. is involved in helping organizations manage the business by distributing, marketing, developing, and servicing enterprise software applications. License, Maintenance, and Consulting are the three segments through which the company operates. The company is present in various locations in Asia-Pacific, Middle East & Africa, Latin America, North America, and Europe.
Apart from these Major Global Healthcare Software Companies, some of the emerging Healthcare Software Companies in India are as follows:
- CrelioHealth (formerly Livehealth)
- Forus Health
- Farcast Biosciences (formerly Mitra Biotech)
- Medibox Technologies
- Thrymr Software
Medical software companies are engaged in providing solutions within a medical space by building and delivering products, services, and systems. A myriad of customer needs is solved by these companies. Solutions such as software for medical research, record-keeping solutions, and networking solutions, along with a number of solutions are provided by the companies in the medical software space for related companies.
According to the research done on medical and healthcare software companies by Meticulous, it was seen that the global Healthcare IT Market is projected to reach $511.06 billion by 2027 growing at a CAGR of 13.8% from 2019 to 2027.
Keywords: Medical & Healthcare Software Companies, Medical & Healthcare Software Companies