Massachusetts eHealth Industry Ranks #1 Nationally

Massachusetts continues to show that we are the national eHealth industry leader, which was further supported with the recent release of the 2014 Healthcare Informatics 100, a ranking of the country’s top healthcare IT vendor companies.

Massachusetts eHealth Institute (MeHI) congratulates the sixteen Massachusetts companies that made the list published by Healthcare Informatics. By comparison, California is next on the list with 11 companies.

The Massachusetts-based firms making the HCI 100 are: Phillips Healthcare; EMC; Nuance Communications; athenahealth; MEDITECH; Alere; InterSystems; Kronos, Inc.; eClinicalWorks; Orion Health; Beacon Partners; Imprivata; Capsule Tech, Inc.; CompuGroup Medical, Inc.; latric Systems, Inc. and HealthcareSource.

Massachusetts is fertile ground for eHealth companies, due in large part to the significant presence of world-class health care organizations, universities and research centers. Through the eHealth Cluster development initiative, MeHI is exploring and supporting this emerging market, which includes electronic health record (EHR), telehealth, mobile health, and “Big Data” solutions companies. Other eHealth Cluster stakeholders include capital investors, care providers, payers, academia and associations who are all contributing to the growth and promotion of this important statewide economy. Take a look at the charts below to see how Massachusetts stacks up with the rest of country in eHealth growth.

We’ve started to identify as many eHealth companies as we can and even just by counting software companies headquartered here, we’ve found more than 220 eHealth companies. Collectively, these firms employ more than 5,000 people and generate more than $8 billion in revenue. We’re expanding the definition to include healthcare technology services companies and those companies with a significant Massachusetts employee base but aren’t (yet) headquartered here – so let us know who they are by emailing eHealthCluster@masstech.org.

As eHealth continues to emerge as an integral health care delivery component, MeHI is working to help develop an environment that propels Massachusetts into new frontiers for eHealth and harnesses its potential to drive transformational industry change. Let me know what you think the key barriers to growth of the eHealth sector are, and how we can help overcome them.

Laurance Stuntz is the Director of the Massachusetts eHealth Institute (MeHI) at the Massachusetts Technology Collaborative.