Over the next two years, hospital executives expect to spend on IT more often than service or building expansions or make acquisitions, according to a new industry survey conducted by Prince Market Research for the law firm Waller Landsen Dortch & Davis. The survey, which reached 464 hospital executives, concluded that 79 percent of not-for-profit of public hospital executives expected to make IT investments over the next two years.

That makes IT investment a higher priority than expansion, which was top priority for only half not-for-profit and public hospital of execs. And that puts acquisitions investments at a distant third, with only 9 percent of not-for-profits and public facilities listing that an investment goal. To pay for these investments, not-for-profits and public hospitals expect to use current reserves, tax-exempt bonds and foundation grants.

To get more data from this research:
- read this Modern Healthcare piece (reg. req.)

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