Extra public money for Inverness Castle project
Development agency Highlands and Islands Enterprise (HIE) is putting an extra £863,000 towards the Inverness Castle Experience Project.
The property dates back to the 1840s and was used to be a court, but it is now being transformed into a visitor attraction.
HIE said the additional funding will be used to cover some "unforeseen structural works and repairs".
It will also be used to enhance the visitor experience in the castle's north tower.
More stories from the Highlands and Islands
News from the Highlands and Islands on BBC Sounds
The extra funding brings HIE's total investment in the project to £2.86m.
The Inverness Castle Experience is due to open later this year.
Boss sought for Inverness Castle visitor destination
In pictures: Revamp of Inverness Castle takes shape
Inverness Castle redevelopment approved
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This market overview provides insights into the key drivers, challenges, trends, and opportunities shaping the HIE landscape worldwide. Moreover, Government support for healthcare information technology to improve care quality is another key driver. For instance, in May 2023, Ontario launched a health information exchange (HIE) system called eHub to improve patient care. This system, enabled by Oracle, allows 21 hospitals to securely share patient data, making communication more efficient and reducing the administrative burden. This collaboration between healthcare providers and TransForm aims to enhance care coordination for Ontarians. Regional InsightsNorth America emerged as the dominant region in the global Healthcare Information Exchange market in 2022, holding the largest market share in terms of value. The presence of numerous healthcare providers, hospitals, and clinics drives the demand for HIE solutions to enhance patient care and streamline operations. Strong Regulatory Environment: The United States has robust data privacy regulations like HIPAA, which mandate secure and interoperable data exchange in regulatory framework has stimulated HIE adoption as healthcare organizations strive to achieve compliance. Technological Advancements: North America is a global hub for healthcare technology innovation. The region has witnessed significant investments in electronic health records (EHRs), telehealth, and interoperability solutions, fostering the growth of the HIE market. Large and Diverse Population: The North American region's large and diverse population demands efficient healthcare data exchange to ensure patient-centric care, care coordination, and public health several strategic activities in the region by key market players, such as the launch of new technology, collaborations, and partnerships. For instance, according to the news reported on March 2024, Orion Health group of companies inaugurated the "State Health Data Center of Excellence (SHDCoE)" in the U.S. The primary focus of this strategic launch was to engage in new collaborations and be an innovation hub to elevate regional Health Information Exchange (HIE) operations in the health information exchange market was identified as a lucrative region in this industry. The increasing awareness in the government about the importance of healthcare data, investments in data centers, strategic partnerships, and advanced technologies are attributable to the growth in Europe. For instance, as per the news the World Health Organization published in December 2023, WHO and the European Commission entered into a partnership to support healthcare services for about 1 billion people, strengthen health information systems, and boost health data governance and interoperability in the European Region. This project cost USD 13.0 million and was supported by the European government. Such initiatives propelled the market growth and are expected to function similarly in the coming Insights Setup InsightBased on Setup, the private HIE segment emerged as the dominant player in the global market for Healthcare Information Exchange in 2024. Private HIEs give healthcare organizations greater control over patient data, ensuring compliance with data privacy regulations like HIPAA in the United States or GDPR in Europe. This control instills trust among patients that their sensitive health information is handled with care and in accordance with legal requirements. Customization: Private HIEs allow healthcare entities to tailor the system to their specific needs and workflows. This customization ensures that the HIE aligns seamlessly with existing processes, optimizing efficiency and usability. Data Security: By maintaining a private HIE, organizations can implement their security measures and protocols. This level of control mitigates security risks and minimizes the potential for data breaches, which is especially critical in the healthcare sector. Patient Access: Private HIEs empower patients by providing them with secure access to their health records and information. This access fosters active engagement in their healthcare journey and encourages them to take ownership of their health. Transparency: Patients appreciate transparency in their care. Private HIEs allow patients to view their test results, treatment plans, and medical history, creating a transparent and trusting relationship between patients and healthcare providers. Telehealth Integration: Many private HIEs offer integrated telehealth capabilities, allowing patients to participate in virtual consultations and receive remote care. This convenience and accessibility enhance patient satisfaction. Application InsightBased Application, the web portal development segment emerged as the dominant player in the global market for Healthcare Information Exchange in 2024. Web portals provide a user-friendly interface that healthcare providers, patients, and other stakeholders find easy to navigate. This accessibility encourages adoption and active engagement. The dominance of web portals in the Global Healthcare Information Exchange Market is a result of their accessibility, user-friendliness, real-time data sharing, patient-centered approach, and robust data security. These applications empower healthcare providers and patients alike by offering seamless access to critical healthcare information and enabling efficient collaboration. Web portals prioritize data privacy and compliance with regulations, ensuring that patient data remains secure and protected. In a healthcare landscape that values patient engagement, timely information sharing, and data security, web portals have emerged as the preferred application for HIE. Universal Access: Web-based portals are accessible from any device with an internet connection, making them a versatile tool for healthcare data exchange. Users can access critical patient information on desktops, laptops, tablets, and smartphones. Patient Empowerment: Patients appreciate the simplicity and accessibility of web portals, as they can easily access their medical records, lab results, appointment schedules, and communicate with healthcare providers. This empowerment enhances patient engagement and satisfaction. End-User InsightsBased on End-User, healthcare providers segment emerged as the dominant player in the global market for Healthcare Information Exchange. Healthcare providers, including hospitals, clinics, and physician practices, are the primary users of patient data. They require access to comprehensive medical records, test results, and treatment history to make informed clinical decisions and provide optimal patient care. Timely Diagnoses and Treatment: Healthcare providers rely on HIE systems to access critical patient information quickly. Timely access to data enables faster diagnoses, treatment planning, and interventions, ultimately improving patient outcomes. Care Coordination: Healthcare providers often work in multidisciplinary teams to provide coordinated care to patients. HIE systems facilitate seamless data sharing and communication among these teams, leading to more effective care coordination. Streamlined Data Exchange: Healthcare providers heavily depend on efficient data sharing to avoid redundant tests, unnecessary procedures, and delays in care delivery. HIE systems streamline the exchange of patient data, reducing administrative overhead and improving workflow efficiency. Integration with EHR Systems: Electronic Health Record (EHR) systems are integral to healthcare providers' daily operations. HIE systems can seamlessly integrate with EHRs, ensuring that providers have immediate access to patient data within their familiar workflow. Improved Patient Engagement: HIE systems empower healthcare providers to engage patients more actively in their care. They can share medical records, test results, and treatment plans with patients through secure portals, fostering greater patient engagement and adherence to treatment regimens. These factors collectively contribute to the growth of this segment. Key Attributes: Report Attribute Details No. of Pages 182 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $1.45 Billion Forecasted Market Value (USD) by 2030 $2.48 Billion Compound Annual Growth Rate 9.3% Regions Covered Global Report Scope: Key Market Players Allscripts Healthcare Solutions Inc. Cerner Corporation Open Text Corporation Conifer Health Solutions Epic Corporation Inc. Infor, Inc Medicity, Inc. NextGen Healthcare Information Systems LLC Optum Inc. Orion Health Healthcare Information Exchange Market, By Implementation Model: Centralized /Consolidated Models Decentralized / Federated Models Hybrid Model Healthcare Information Exchange Market, By Setup Type: Private Public Healthcare Information Exchange Market, By Application: Internal Interfacing Secure Messaging Workflow Management Web portal Development Other Healthcare Information Exchange Market, By Exchange Type: Direct Exchange Query-based Exchange Consumer Mediated Exchange Healthcare Information Exchange Market, By Component: Enterprise Master Person Index (EMPI) Healthcare Provider Directory (HPD) Record Locator Service (RLS) Clinical Data Repository Other Healthcare Information Exchange Market, By End-User: Public Health Agencies Healthcare Providers Others Healthcare Information Exchange Market, By Region: North America United States Canada Mexico Europe France United Kingdom Italy Germany Spain Asia-Pacific China India Japan Australia South Korea South America Brazil Argentina Colombia Middle East & Africa South Africa Saudi Arabia UAE For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Healthcare Information Exchange Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
