PLANNING AND LEADERSHIP FOR A BETTER WORLD
PLANNING AND LEADERSHIP FOR A BETTER WORLD | Table of Contents: |
Facing ongoing regulatory deadlines, cost-cutting measures, an ever-growing customer base and a decreasing number of physicians, the health care industry will continue investing heavily in a wide array of technologies such as electronic medical records, telehealth, electronic prescriptions and payment systems during 2012.
In fact, 66 percent of IT decision-makers at health care organizations expected their budgets to increase between October 2011 and March 2012, and 66 percent anticipated investments in solutions within that same period, according to a CDW IT Monitor report, released in October. Further supporting health care IT executives’ rosy view, hiring in that sector increased 24 percent between June and October, the study found.
“Despite ongoing economic uncertainties, the overall outlook remains relatively stable,” said Neal Campbell, senior vice president and chief marketing officer at CDW, in an eWEEK article. “This shows that while IT decision-makers are evaluating and scrutinizing their investments, they are still spending, especially in areas such as software and security."
Federal spending on health IT (HIT) is predicted to reach $6.5 billion by 2016, according to Deltek’s GovWin IQ research report, released in December. These funds will go towards payment systems, electronic health record (EHR) solutions and IT used for federally funded health research and promotion, the study said. Adoption of mobile systems—used by nurses, doctors and pharmaceutical sales reps—is also expected to increase.
"Agencies are being forced to spend money to save money in the long run by investing in electronic health records systems, IT infrastructure modernization for health-related agencies, payment system transformation, and IT to promote advancement in population health," said Lauren Jones, senior principal analyst at Deltek. "This creates a large opportunity for vendors to bring their combined agency knowledge and technology expertise in such areas as business process re-engineering, mobility, telehealth, data consolidation, informatics and analytics, and decision support systems to the market."
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