Experts predict 7.5 percent growth in federal health IT
2012-2016 (federal outlays in billions)
A recent GovWin IQ study predicted that federal outlays on health IT will reach $6.5 billion by 2016, representing an annual compound growth rate of 7.5 percent since 2011. By contrast, government spending on IT in general for the same five-year period is excepted to fall by 1.8 percent.
Federal Health IT Forecast2012: 4.6
2013: 4.7
2014: 5.2
2015: 5.7
2016: 6.5
CAGR: 7.5 percent
Total IT Spending Forecast 2012-2016 (federal outlays in billions)
2012: 64.8
2013: 65.2
2014: 65
2015: 61.6
2016: 60.2
CAGR: -1.82 percent
source: Deltek