CDS Market To Grow, Market Researchers Report

CDS Market To Grow, Market Researchers Report

June 21, 2016

According to P&S Market Research, the clinical decision support software market is picking up steam. The market research firm said CDS manufacturers earned over $410 million in revenue in 2015 and projected the market to grow 21 percent annually over the next seven years. The organization reports high demand for advanced medical information systems, coupled with recent government support for CDS, has spurred this immense growth.

The Rise Of Software Assistance

As health care providers continued to adopt medical billing systems and diagnostic imaging methodologies that facilitate patient-centered care practices, CDS increased in importance. This software analyzes diagnoses and patient electronic health record information to advise imaging specialists on whether or not requested image studies from referring physicians are appropriate.

Medical Imaging, Federal Government Embraces CDS

The Radiological Society of North America expressed support for CDS. The organization believes it helps radiologists more easily wade through the massive amounts of essential medical data they encounter on a daily basis. According to researchers, the CDS also reduces rates of inappropriate imaging utilization. The American College of Radiology has long championed CDS and provides resources for imaging departments looking to obtain the software.

In 2014, the Department of Health and Human Services legitimized CDS and developed guidelines for such software, reported Radiology Business.

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