Experts predict 7.5 percent growth in federal health IT

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 Forecast 2012-2016 (federal outlays in billions)

2012: 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

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

 Top 100 Promo 2016
contracts DB