US Electronic Health Record (EHR) Market Size and Forecasts (2020 – 2030)

US Electronic Health Record (EHR) Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Installation Type (Cloud-Based and On-Premise), Type (Acute Electronic Health Record Market, Ambulatory Electronic Health Record Market, and Post-Acute Electronic Health Record Market), Application (Clinical Records, Administrative Task and Billing, Physician Support, and Patient Portal), and End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Physicians Office/Specialty Care Centers))

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The US Electronic Health Record market is expected to grow from US$ 15.634 billion in 2022 to US$ 39.993 billion by 2030; it is estimated to grow at a CAGR of 12.5% from 2022 to 2030. The report highlights trends prevailing in the market and factors driving the market growth. The market growth is attributed to the increasing adoption of electronic health records, rising incentives by the federal government, and growing incidences of medication errors, which are driving the US Electronic Health Record market size and growth. Additionally, combining electronic health records with artificial intelligence and voice recognition is likely to emerge as a significant trend in the market during the forecast period. However, concerns regarding data privacy hinder market growth during the forecast period 2022-2030.
Rising Incentives by the Federal Government drive the market in the forecast period.
The government has invested billions in training health information technology workers and founding regional extension centers to provide technical advice. In 2009, as part of the Health Information Technology for Economic and Clinical Health (HITECH) Act, the federal government reserved US$ 27 billion for an incentive program that inspires hospitals and providers to implement Electronic Health Records systems that would enable the health data historically confiscated in paper files to be shared among providers and use to improve the healthcare quality.
The Medicare Electronic Health Record Incentive Program is governed by the Centers for Medicare & Medicaid Services (CMS). In the US, the Medicare and Medicaid Electronic Health Records Incentive Programs offer incentives to hospitals, physicians, and other healthcare facilities for meaningful use of certified Electronic Health Records technology. A qualified professional or hospital can get a maximum incentive amount of up to US$ 63,750 through the Medicaid Electronic Health Records Incentive Program and up to US$ 44,000 through the Medicare Electronic Health Records Incentive Program. This incentive program succeeded in inspiring many healthcare facilities to adopt Electronic Health Records systems.
Combining Electronic Health Records with Artificial Intelligence and Voice Recognition is the upcoming market trend.
Voice recognition technology is an excellent asset for Electronic Health Records systems as it helps clinicians enter information and patient data hands-free. In addition, it reduces incorrectness and errors by dictating records in Electronic Health Records, which further accelerates the information recording process.
There is a track record of artificial intelligence transforming the healthcare sector by helping doctors recognize historical trends about the condition of a patient and make diagnoses. For instance, a physician would ask the Electronic Health Records system about the last recorded iron levels from a patient’s blood test by using voice-enabled technology. After giving the instructions, the system will report to the doctors about the health status of the patient. This is a working example of how Northwell Health and Allscripts have already partnered to start developing AI-based, Voice-Enabled Electronic Health Records. It will be a beneficial system for providers with hectic work schedules. Further, Saykara has received a 2021 BIG Innovation Award for its AI voice assistant that produces clinical notes, orders, referrals, and more by ambiently listening to conversations between physicians and patients. The assistant “Kara” is accessible via a mobile app that extracts meaning and intent from what it hears and then populates both structured and narrative data in the electronic health records. Besides, Epic is in the process of developing an AI Electronic Health Records documentation assistant. Furthermore, Google is recruiting talent to help build artificial intelligence and voice recognition tools to improve the clinical documentation process and streamline Electronic Health Records workflows.
Report Segmentation and Scope –
The “US electronic health record market” is segmented on the basis of installation type, type, application, and end user. Based on installation type, the market is segmented into cloud-based and on-premise. In terms of type, the US Electronic health record market is divided into acute electronic health records, ambulatory electronic health records, and post-acute electronic health records. By application, the market is segmented into clinical records, administrative tasks and billing, physician support, and patient portals. Based on end users, the market is segmented into hospitals and clinics, physician’s offices/specialty care centers, and ambulatory surgical centers.
The US electronic health record market, by installation type, is bifurcated into cloud-based and on-premise. The cloud-based segment held a larger share of the market in 2022 and is anticipated to register a higher CAGR of 12.7% during 2022–2030. A cloud-based electronic health record allows patient health files to be stored in the cloud rather than saved on the healthcare facility’s internal servers. The collected data is organized and maintained in actionable and shareable formats to allow effective communication between healthcare providers, third-party payers, and patients. Cloud-based electronic health records are popular among physicians and healthcare providers operating on a smaller scale as these systems can be installed without any requirement for in-house servers and offer a wide range of customizations and improvements as per their needs. Cloud-based solutions are cost-effective as cloud computing decreases the cost of managing and maintaining IT systems. Cloud-based electronic health records offer flexibility and enable the user to access the data remotely.
Additionally, developments by market leaders in this segment are likely to improve the market growth. For instance, in July 2020, Cerner launched CommunityWorks Foundations, a cloud-based electronic health record platform, to reduce the cost of traditional electronic health record systems in rural and critical access hospitals. Similarly, in December 2020, Amazon’s cloud division introduced a new tool, Amazon HealthLake, for healthcare organizations to search and analyze data.
The US is the largest market for electronic health records in North America. The transformation of digital healthcare majorly drives the market, the increasing number of chronic diseases, and support from the federal government to implement electronic health records in order to improve the quality of care. Other factors, such as the introduction of advanced software technologies in healthcare, a higher number of hospitals, and the implementation of strategic government policies, also aid in promoting the expansion of the US electronic health records market. Additionally, the need for automated systems due to the increasing patient population and crunch of healthcare resources are projected to fuel the adoption of electronic health records systems in the US. Emphasis on error reduction in hospital administrative work, which causes considerable mortalities, is also prominently anticipated to drive the growth of the market during the forecast period. For instance, as per a study published in the Journal of Patient Safety, an estimated 400,000 patient casualties are caused due to administrative errors in the US each year.
Companies in the US Electronic Health Record market adopt various organic and inorganic strategies. The organic strategies mainly include product launches and product approvals. Further, inorganic growth strategies witnessed in the market are acquisitions, collaborations, and partnerships. These growth strategies allow the market players to expand their businesses and enhance their geographic presence, thereby contributing to the overall market growth. Further, acquisition and partnership strategies help the market players strengthen their customer base and expand their product portfolios. A few of the significant developments by key players in the US Electronic Health Record market are listed below.
The Office of the National Coordinator for Health Information Technology (ONC), The New England Journal of Medicine, Definitive Healthcare, Johns Hopkins, HIPPA Journal, and the Healthcare Financial Management Association are a few of the major primary and secondary sources referred to while preparing the report on the US Electronic Health Record market.

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Acute Electronic Health Record Segment to Account for Largest Market Share by Type in US Electronic Health Record Market during 2022–2030

According to our new research study on ” US Electronic Health Record Market Size and Forecast (2020–2030), Country Share, Trend, and Growth Opportunity Analysis – by Installation Type, Type, Application, and End User,” the market is expected to grow from US$ 15.634 billion in 2022 to US$ 39.993 billion by 2030; the market is estimated to record a CAGR of 12.5% during 2022–2030. The report highlights the major factors driving the US electronic health record market growth and prominent players with their developments in the market.

Based on type, the US Electronic health record market is segmented into acute electronic health records, ambulatory electronic health records, and post-acute electronic health records. The acute electronic health record segment held the largest market share in 2022, and the post-acute electronic health record segment is anticipated to register the highest CAGR of 10.3% during 2022–2030. Post-acute care facilities consist of rehabilitation centers, home health agencies, and long-term care hospitals. Rehabilitation centers offer education, medically supervised exercise, and support to patients suffering from neurological, cardiovascular, musculoskeletal, orthopedic, and other medical conditions. To provide high-quality services, rehab centers must maximize efficiencies in their administrative tasks, including data maintenance and billing. Most of the modern and advanced rehabilitation centers have turned to electronic systems to reduce the time-consuming paperwork. Electronic health record providers offer electronic health record software, especially for rehab centers. For instance, Orion offers the AccuCare system, an electronic health record and billing solution that is uniquely designed for the addiction rehabilitation field, thereby providing a combination of clinical, financial, management, and research functions that help professionals achieve more.
Home health services can range from nursing care to specialized medical services, such as laboratory tests. A physician may periodically visit patients at home to diagnose and treat medical conditions. Home healthcare software streamlines home healthcare agency management, patient care management, and therapy & rehabilitative service coordination.
Similarly, long-term care hospitals require electronic health records to focus on smooth and safe transitions of care for patients and residents. Meditech offers electronic health record solutions for Long Term Care – Hospitals & Health Systems and helps in delivering high-quality care, enhancing clinical outcomes, reducing medication errors, and optimizing reimbursement.

Oracle Corp, AltexSoft Inc., Veradigm Inc., Greenway Health LLC, eClinicalWorks LLC, Infor-Med Inc., Microwize Technology Inc., Athenahealth Inc., ChipSoft BV, CureMD.com Inc., AdvancedMD Inc., and PracticeSuite Inc. among others are among the key companies operating in the US electronic health record market.

Companies operating in the US electronic health record market adopt various organic and inorganic strategies. Organic strategies mainly include product launches, expansion, and business planning. Mergers & acquisitions, partnerships, and collaborations are among the inorganic growth strategies witnessed in the US electronic health record market. These developments allow the market players to expand their businesses, thereby contributing to the overall growth of the US electronic health record market.
A few of the significant developments by key US electronic health record market players are listed below.

• In November 2023, eClinicalWorks LLC launched AI assistant tools that easily translate medical documents into its patients’ native language within the electronic health record.
• In September 2023, Oracle announced significant additions to its healthcare solutions, including new cloud-based electronic health record capabilities, generative AI services, public Application Programming Interfaces (APIs), and back-office enhancements designed for the healthcare industry.
• In May 2022, Greenway Health launched Greenway Secure Cloud, a cost-effective, fully bundled, cloud-based electronic health record and practice management solution. This product increases the security of patient health information and practice records, eliminates the need to manage software upgrades, and provides scalable, all-inclusive pricing to clients. It helps protect against cybersecurity threats by safely managing provider data in a maximum-security center and regularly and consistently patching security concerns in the ever-changing landscape of ransomware and malware attacks. Greenway Secure Cloud also offers data uptime of 99.9 % per year with timely automated updates to certify compliance in a regulatory environment that can be challenging for practices to navigate on their own.

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TABLE OF CONTENTS

1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions
4. Middle East & Africa Bitumen Additives Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Bitumen Additives Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users
5. Middle East & Africa Bitumen Additives Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Sustainability Offered by Bitumen Additives:
5.1.2 Rising Government Initiatives for Infrastructure Development
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
5.3.1 Strategic Product Innovations and Research by Key Market Players
5.4 Future Trends
5.4.1 Development of Sustainable Bitumen Additives
5.5 Impact of Drivers and Restraints:
6. Bitumen Additives Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Bitumen Additives Market Volume (Kilo Tons), 2020 – 2030
6.2 Middle East & Africa Bitumen Additives Market Revenue (US$ Million), 2020 – 2030
6.3 Middle East & Africa Bitumen Additives Market Forecast and Analysis
7. Middle East & Africa Bitumen Additives Market Analysis – Type
7.1 Polymeric Modifiers
7.1.1 Overview
7.1.2 Polymeric Modifiers Market Revenue and Forecast to 2030 (US$ Million)
7.1.3 Polymeric Modifiers Market Volume and Forecast to 2030 (Kilo Tons)
7.2 Anti-Strip Agents
7.2.1 Overview
7.2.2 Anti-Strip Agents Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Anti-Strip Agents Market Volume and Forecast to 2030 (Kilo Tons)
7.2.3.1 Ethyleneamines
7.2.3.1.1 Overview
7.2.3.1.2 Ethyleneamines: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.1.3 Ethyleneamines: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.2.3.2 Polyamines
7.2.3.2.1 Overview
7.2.3.2.2 Polyamines: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.2.3 Polyamines: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.2.3.3 Amidoamines
7.2.3.3.1 Overview
7.2.3.3.2 Amidoamines: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.3.3 Amidoamines: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.2.3.4 Others
7.2.3.4.1 Overview
7.2.3.4.2 Others: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.2.3.4.3 Others: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.3 Adhesion Promoters
7.3.1 Overview
7.3.2 Adhesion Promoters Market Revenue and Forecast to 2030 (US$ Million)
7.3.3 Adhesion Promoters Market Volume and Forecast to 2030 (Kilo Tons)
7.3.3.1 Silanes
7.3.3.1.1 Overview
7.3.3.1.2 Silanes: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3.1.3 Silanes: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.3.3.2 Maleic Anhydride
7.3.3.2.1 Overview
7.3.3.2.2 Maleic Anhydride: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3.2.3 Maleic Anhydride: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.3.3.3 Others
7.3.3.3.1 Overview
7.3.3.3.2 Others: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3.3.3 Others: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.4 Emulsifiers
7.4.1 Overview
7.4.2 Emulsifiers Market Revenue and Forecast to 2030 (US$ Million)
7.4.3 Emulsifiers Market Volume and Forecast to 2030 (Kilo Tons)
7.4.3.1 Anionic
7.4.3.1.1 Overview
7.4.3.1.2 Anionic: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3.1.3 Anionic: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.4.3.2 Cationic
7.4.3.2.1 Overview
7.4.3.2.2 Cationic: Middle East & Africa Bitumen Additives Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3.2.3 Cationic: Middle East & Africa Bitumen Additives Market – Volume and Forecast to 2028 (Kilo Tons)
7.5 Surfactants
7.5.1 Overview
7.5.2 Surfactants Market Revenue and Forecast to 2030 (US$ Million)
7.5.3 Surfactants Market Volume and Forecast to 2030 (Kilo Tons)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
7.6.3 Others Market Volume and Forecast to 2030 (Kilo Tons)
8. Middle East & Africa Bitumen Additives Market Analysis – Application
8.1 Road Construction
8.1.1 Overview
8.1.2 Road Construction Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Roofing
8.2.1 Overview
8.2.2 Roofing Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Paints and Coatings
8.3.1 Overview
8.3.2 Paints and Coatings Market Revenue, and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
9. Middle East & Africa Bitumen Additives Market – Country Analysis
9.1 Overview
9.1.1 Middle East and Africa Bitumen Additives Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 Middle East & Africa Bitumen Additives Market Breakdown by Country
9.1.1.2 South Africa Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.3 South Africa Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.3.1 South Africa Bitumen Additives Market Breakdown by Type
9.1.1.3.2 South Africa Bitumen Additives Market Breakdown by Application
9.1.1.4 Saudi Arabia Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.5 Saudi Arabia Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.5.1 Saudi Arabia Bitumen Additives Market Breakdown by Type
9.1.1.5.2 Saudi Arabia Bitumen Additives Market Breakdown by Application
9.1.1.6 UAE Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.7 UAE Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.7.1 UAE Bitumen Additives Market Breakdown by Type
9.1.1.7.2 UAE Bitumen Additives Market Breakdown by Application
9.1.1.8 Rest of MEA Bitumen Additives Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.9 Rest of MEA Bitumen Additives Market Volume and Forecasts to 2030 (Kilo Tons)
9.1.1.9.1 Rest of MEA Bitumen Additives Market Breakdown by Type
9.1.1.9.2 Rest of MEA Bitumen Additives Market Breakdown by Application
10. Competitive Landscape
10.1 Heat Map Analysis- By Key Players
10.2 Company Positioning & Concentration
11. Middle East & Africa Bitumen Market Industry Landscape
11.1 Overview
11.2 Merger and Acquisitions
11.3 Product Launch
12. Company Profiles
12.1 Nouryon Chemicals Holding BV
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ingevity Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Arkema SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dow Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Honeywell International Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Huntsman International LLC
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 BASF SE
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Kao Corp
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix

LIST OF TABLES

Table 1. US Electronic Health Record Market Segmentation
Table 2. US Electronic Health Record Market, by Installation Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. US Electronic Health Record Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 4. US Electronic Health Record Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 5. US Electronic Health Record Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 6. Organic Developments in the US Electronic Health Record Market
Table 7. Inorganic Developments in the US Electronic Health Record Market
Table 8. Glossary of Terms, US Electronic Health Record Market

LIST OF FIGURES

Figure 1. US Electronic Health Record Market Segmentation
Figure 2. US – PEST Analysis
Figure 3. US Electronic Health Record Market: Key Industry Dynamics
Figure 4. US Electronic Health Record Market: Impact Analysis of Drivers and Restraints
Figure 5. US Electronic Health Record Market Revenue (US$ Mn), 2020 – 2030
Figure 6. US Electronic Health Record Market Revenue Share, by Installation Type 2022 & 2030 (%)
Figure 7. Cloud-Based: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. On-Premise: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. US Electronic Health Record Market Revenue Share, by Type 2022 & 2030 (%)
Figure 10. Acute electronic health records: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Ambulatory electronic health records: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Post-Acute electronic health records: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. US Electronic Health Record Market Revenue Share, by Application 2022 & 2030 (%)
Figure 14. Clinical Records: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Administrative Task and Billing: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Physician Support: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Patient Portal: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. US Electronic Health Record Market Revenue Share, by End User 2022 & 2030 (%)
Figure 19. Hospitals & Clinics: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Ambulatory Surgical Centers: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Physician’s Office/Specialty Care Centers: US Electronic Health Record Market – Revenue and Forecast to 2030 (US$ Million)

The List of Companies – 
– Oracle Corp
– AltexSoft Inc
– Veradigm Inc
– Greenway Health LLC
– eClinicalWorks LLC
– Infor-Med Inc
– Microwize Technology Inc
– Athenahealth Inc
– ChipSoft BV
– CureMD.com Inc
– AdvancedMD Inc
– PracticeSuite 

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