EMR Market $8.3 Billion by 2016

I saw this tweet a little while ago that caught my eye.
https://twitter.com/#!/NaviNet/status/137282005250490369

According to the linked article, the Millenium Research Group is predicting strong revenue growth for the next half-decade. It also says that the medicare reimbursement penalties will continue to drive EHR demand.

Probably even more amazing than the market number is they say that 750 companies offering some kind of EMR solution entered the space in the span of two years.

None of this is really news for us participating in the space. Although, I imagine the $8.3 billion EMR market number will make its way into a number of investor presentations.