This is where IT sales and dollars will be found. The survey of 70 College of Healthcare Information Management Executives members by data solutions vendor Health Catalyst found 54 percent rate data analytics as their highest IT priority. Other top priorities included population health initiatives, ICD-10, accountable care initiatives and consolidation-related IT investments.
"It's clear that at a crucial time for the industry — which is faced with declining reimbursement, consumer-driven care, a shift toward value and meaningful use penalties — information technology has become more of a problem than a solution. " Please say it ain't so: IT vendors charging exhortation rates for support, service and upgrades? Once they got ya they really got ya. EHRs may even be harming patients. Chuck Lauer, former publisher of Modern Healthcare speaks out.
Kaiser Permanente CIO Philip Fasano wrote an excellent book on Healthcare IT - a must read to learn more about both IT in the health care space and Kaiser. Mr. Fasano's move to the largest health insurer is a significant tell for our business, notably the increased reliance on big data as well as the alignment of insurance companies and care providers.
Nearly a third of hospital executives expect clinical information technology to have the biggest impact on the quality of care and patient outcomes – ahead of financial performance, clinical operations and patient engagement. Healthcare decision makers expect cost reductions as high as 15%. “Despite this optimism about the benefits, only 19 percent of those surveyed said their organizations are already delivering results based on their information management capabilities. Nearly 28 percent said they are currently implementing the capabilities, while 23 percent are in the planning stages. About 8 percent said they do not have a plan.”