June, 2012 – The Healthcare IT market is expected to grow at an 18.7% CAGR from $7.4 billion in 2011 to $17.5 billion by 2016, according to BCC Research. Growth in the HCIT market is being driven not only by government mandates, but also by innovations such as patient self-management tools that have allow hospitals to deliver higher-quality, safer, cost-effective care.

(Source: AC Group, BCC Research, Gartner, U.S. Department of Health and Human Services)

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