Next Generation of IT Spend:
Where Should Health Systems Invest?
The growth rate in hospital IT spend has outpaced growth rates in overall healthcare by as much as five times in recent years. Hospitals now face a post- EHR era where they are left to decide on their own which technology investments to undertake, and whether to slow their spend.
Given current market forces, from consumerism to reimbursement pressures, our point of view is that IT spend relief is not in sight unless hospitals plan to remain a traditional utility player. According to our research, hospitals of the future will fall into one of five investment profiles:
To move forward, hospital leaders must first determine which of these five investment profiles aligns with their business strategy. This paper outlines a set of navigating principles to help executive teams identify the appropriate investment profile for their organization.
Read this white paper to learn: how the recent history of IT spend created a crossroads for executives who must decide how to invest; whether you should cut or continue IT spend; five investment profiles of hospitals of the future; and the impacts of your technology investment strategy.