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.
Gallup reports that one in four healthcare dollars spent in healthcare can be attributed to defensive medicine – about $650 billion annually. These costs are passed along to everyone, significantly driving up health insurance premiums, taxes to cover public health insurance programs, co-pays and out of pocket costs.
The problem is likely to get worse under the Affordable Care Act. There will be fewer physicians in the workforce and 30 million more patients with healthcare coverage. The practice of defensive medicine will escalate as more patients are cared for by people who are overworked, and increasingly they are seen in settings such as emergency rooms by people unfamiliar with the patient.