MEDITECH Strengths, Domain Expertise, and Key Differentiators
MEDITECH has remained at the forefront of EHR innovation throughout every phase of the industry's progression. Presently, MEDITECH is at the forefront of facilitating healthcare organizations worldwide in broadening their horizons with MEDITECH Expanse—an advanced, web-based EHR solution that is establishing new benchmarks for usability, efficiency, and clinician satisfaction.
Utilized by a quarter of all hospitals in the United States, nearly half of all Canadian hospitals, and healthcare establishments across 23 countries, MEDITECH software serves as a cornerstone in elevating the standard of care across various healthcare settings. From acute care centers and ambulatory practices to home health agencies, long-term care facilities, and even extending to patients' homes, MEDITECH empowers healthcare providers to deliver optimal care, transcending conventional boundaries.
MEDITECH Recent Developments
In February 2024, MEDITECH proudly unveiled its enhanced Expanse Pathology solution, representing a cutting-edge addition to the Expanse EHR suite. As the field of pathology increasingly embraces specialized imaging and sophisticated integrated reporting incorporating genetic insights, Expanse Pathology emerges as a crucial tool for pathologists tackling complex cases.
This latest iteration of Expanse Pathology introduces a refined workflow, meticulously crafted to streamline processes while accommodating the intricacies inherent in pathology. With a focus on user-centric design, the solution offers an intuitive interface that can be customized to individual preferences, thus alleviating the cognitive load associated with technically demanding tasks.
Furthermore, by embracing web-native navigation principles, Expanse Pathology empowers laboratories to capitalize on the latest advancements in the pathology landscape, both presently and in the future. This strategic alignment ensures that laboratories remain at the forefront of innovation, equipped to address the evolving demands of their profession with utmost proficiency.
In February 2021, MEDITECH launched a Telemetry Appropriateness Toolkit in Expanse. It will help organizations to improve telemetry management through the indication-based ordering and timely removal of ECG monitoring. The decrease of inappropriate ordering, can reduce utilization costs, increase throughput, and enhance patient satisfaction.
MEDITECH Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MEDITECH applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of MEDITECH and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified MEDITECH Expanse, MEDITECH as a Service customers.
MEDITECH Overview
7 Blue Hill River Road
Canton, MA, 2090, United States
1 781-821-3000
https://www.ehr.meditech.com/
Ownership: - x
Number of Employees: 3500
Functional Markets: CRM, ERP Services and Operations,
Key Verticals: Healthcare,
MEDITECH Key Enterprise and Cloud Applications
MEDITECH Expanse, MEDITECH as a Service
MEDITECH Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
MEDITECH Revenue Breakdown By Type, $M:
MEDITECH Enterprise Applications Revenues By Functional Markets, $M:
MEDITECH Enterprise Applications Revenues By Verticals, $M:
MEDITECH Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
MEDITECH Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
MEDITECH Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified MEDITECH Customers
No. of MEDITECH Customers: 2350
No. of MEDITECH Enterprise Applications Customers: x
No. of MEDITECH Cloud Customers: x
No. of MEDITECH Cloud Subscribers: x
Over 2,350 institutions spanning 22 countries rely on MEDITECH's clinically integrated and interoperable EHR solutions to deliver healthcare services to their respective communities. Esteemed among its clientele are prominent organizations such as Emanate Health, Unity Health, Luke's Health, Kingman Regional Medical Center, Val Verde Regional Medical Center, Princeton Community Hospital, and a host of others.
MEDITECH Market Opportunities, M&A and Geo Expansions
In early 2024, MEDITECH reached a significant milestone by securing its 100th MaaS (MEDITECH Services as a Solution) customer through its comprehensive cloud-based subscription model. Among these recent signings is Brant Community Healthcare System, marking MEDITECH's inaugural MaaS collaboration in Canada. Comprising two sites serving the residents of Brantford, the County of Brant, Six Nations of the Grand River, Mississaugas of the Credit First Nation, and surrounding areas, BCHS underscores the expanding reach of MEDITECH's services.
Furthermore, a notable roster of healthcare organizations joined the Expanse platform in the latter part of 2023. Among these institutions are Morrison Community Hospital, Ohio County Healthcare, Loretto Hospital, Huggins Hospital, Labette Health, Roseland Community Hospital, Hospital Damas, and several others, illustrating the growing adoption and endorsement of MEDITECH's innovative solutions across diverse healthcare settings.
MEDITECH Risks and Challenges
MEDITECH's endeavor to broaden its Cloud applications strategy seems somewhat uncertain, primarily due to the substantial legacy assets it has developed for established clients like HCA.
MEDITECH Ecosystem, Partners, Resellers and SI
In March 2022, MEDITECH and Google Health unveiled their strategic partnership aimed at developing an integrated solution within MEDITECH’s Expanse platform. This collaborative effort will harness the advanced search and summarization capabilities offered by Google Health, seamlessly incorporated into the Expanse EHR. By facilitating rapid and convenient access to information from diverse sources, clinicians will be empowered to deliver optimal care, equipped with a comprehensive longitudinal view of each patient's health history.
MEDITECH strategically partners with renowned vendors to develop robust, integrated healthcare solutions tailored to meet the diverse needs of their clientele. These encompass clinical, financial, technical, and operational domains, seamlessly integrated within the EHR platform to guarantee the utmost security, efficiency, and safety of patient care. Notable collaborators include WELL Health, Hewlett Packard Enterprise (HPE), IBM, CloudWave, BridgeHead Software, Citrix, Commvault, CareTech, FDB (First Databank), and a multitude of other industry-leading entities.
MEDITECH Cloud Infrastructure Insights
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- MEDITECH Public Cloud and Infrastructure (IaaS)
- MEDITECH Platform (PaaS)
- MEDITECH Application Delivery
- MEDITECH Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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