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Report predicts hospitals' EHR costs to increase to $33B by 2023

An Allied Market Research report revealed that hospitals' EHR costs could increase from nearly $25 billion in 2017 to $33 billion by 2023, driven by the adoption of cloud-based EHR systems, a larger aging population and an increased incidence of chronic diseases. Although hospitals are expected to maintain their dominance of the market share over the forecast period, specialty centers are predicted to see the fastest growth.

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