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10.3% CAGR, Master Patient Index Software Market is Surging with Adoption of Cloud-Based Technologies by 2028

 

Master patient index (MPI) is an essential as well as critical part of every hospital or a healthcare facility center. To maintain the huge database of patients’ MPI software or systems are used. MPI software or system is a primary feature build in the electronic health record (HER) to maintain a universal identity of patients at the organizational level. MPI helps in connecting patient records from several databases and reduces data duplication of patients. MPI also helps avoiding inaccuracy of data resulting in improper treatments.

Oracle Corporation, and Allscripts Healthcare Solutions, Inc. Notable Market Participants in Master Patient Index Software Market

The most notable market participants are McKesson Corporation, Oracle Corporation, Wipro Limited, Allscripts Healthcare, LLC, NextGate, Just Associates, Inc., Verato, QuadraMed Affinity Corporation, MEDITECH, and Intersystems Corporation among others, occupying a considerable share of the market owing to their offerings to the market.

Market players are involved in offering the services that contribute to quality enhancement for services and cost efficiency within healthcare services. For instance, in May-2021, Tandigm Health, a leading provider of population health services, has chosen its cloud-based Enterprise Master Patient Index (EMPI) and Provider Registry as strategic elements of truly connected, person-centered care.

Prominent players in master patient index software market are focusing on majorly on inorganic strategies such as partnership, merger and acquisition to garner their significance and remain competitive in the market. Few of the important key developments from the industry are mentioned below:

Year

News

Feb-2020

Clearsense and Verato entered partnership, which is expected to help health systems accurately integrate patient data post-merger and acquisition activity.

Jun-2020

NextGate and Life Image, a digital network for the exchange of clinical and imaging data that is based on industry-leading interoperability principles, announced a strategic alliance to address the growing need for efficient imaging workflow integration.

Jan-2018

Wipro announced that it has won a twelve-year contract from NHS Scotland to build a next generation Enterprise Master Patient Index (eMPI) solution.

 

 

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