EHR market consolidation is reducing options for healthcare providers, leading to higher prices and diminished bargaining power, according to Marcus Perez of Altera Digital Health, which may negatively impact innovation and patient outcomes in the future.
The consolidation in the EHR market is reducing competition, which leads to higher prices for health systems and limits their ability to negotiate better services or value. This trend could stifle innovation and negatively impact patient outcomes, suggesting a need for strategic investments in diversified EHR solutions or emerging players to maintain competitive leverage.