Practice Fusion, the #1 cloud-based electronic health record (EHR) platform, was named the fourth largest EHR vendor by market share — with a share of 6.5 percent of the overall EHR market in the U.S. — in the latest SK&A report on Physician Office Usage of EHR Software. Practice Fusion continues to lead the EHR marketplace as the most widely used cloud-based EHR among physician offices, according to the SK&A report.
The company has nearly 30,000 active monthly practices and realized accelerated revenue growth of more than 70 percent year-over-year in 2015.
“Practice Fusion’s position in the market is a reflection of our steadfast commitment to our community of providers and users and our mission to improve healthcare as the most connected cloud-based EHR platform in the U.S.,” said Tom Langan, CEO of Practice Fusion.
The Most Accurate Market Share Snapshot to Date
SK&A’s report showing Practice Fusion’s leading cloud-based EHR market position is based on responses collected during phone interviews with over 290,000 medical offices, which represents an additional 40,000 – 50,000 medical offices interviewed compared to previous years’ reports, confirmed Jack Schember, director of marketing at SK&A. The survey captured the largest and most accurate snapshot of the EHR marketplace to date by including a larger sample of physician offices relative to all prior year reports.