Information technology continues to play an increasingly vital role in healthcare services, with providers investing heavily in their electronic health record (EHR) systems and expanding their digital health tools and technology integration in both clinical and non-clinical functions. As a result, spend with IT has continued to grow annually, representing 10% of a health system’s total non-labor spend.
Due to the ongoing rapid acceleration of digital transformation within hospital and the healthcare industry, demands on Information Technology (IT) teams have continued to grow exponentially. To keep up with this fast-paced evolution of healthcare technology, organizations have quickly implemented enhanced capabilities in telehealth, IT security, and remote workforce without a thoughtful strategic plan. This approach has put many healthcare providers into a position where they have focused solely on keeping pace rather than optimizing their purchases and contract renewals, leading to significant financial inefficiencies and missed opportunities for savings.
Pathstone healthcare technology consultants take a comprehensive lifecycle approach ensuring that our customers have the most cost effective and efficient IT approach – the right technology with improved agreements, meaningful service level agreements (SLAs), preferred pricing, optimized licensing and utilization schemas, and IT workforce rationalization. With our healthcare IT consulting services hospitals typically save, on average, 8% to 15% of their IT budget.
