A new study by market research firm Health Industry Insights (HII) predicts that healthcare IT spending will grow this year, albeit slowly, despite the U.S. economy's continued troubles. It's the second [1] firm in just a few months to draw this conclusion.
IT spending will grow for several reasons, including plans by the incoming Obama Administration to fund health IT; consumer demands to control healthcare costs; providers' desire to use IT to improve efficiency and increase margins; and payers turning to IT to help manage their costs and better track whether providers are meeting wellness goals.
HII predicts that in particular, healthcare organizations will invest in business intelligence software, whose uptake will grow rapidly through 2011 as a means of improving health outcomes. HII also predicts that new products will emerge for use in remote patient monitoring. Still another trend anticipated by HII is that IT outsourcing will to grow.
To get more data from the study:
- read this Health Data Management article [2]
Related Articles:
Survey: IT leaders confident of increased healthcare IT spending [3]
Study: Healthcare IT spending growing, despite broader IT slowdown [1]
Links:
[1] http://www.fiercehealthit.com/story/study-healthcare-it-spending-growing-despite-broader-it-slowdown/2008-09-21?utm_medium=rss&utm_source=healthcare_Obama&cmp-id=OTC-RSS-FHI0
[2] http://www.healthdatamanagement.com/news/information_technology27527-1.html
[3] http://www.fiercehealthit.com/story/survey-it-leaders-confident-increased-healthcare-it-spending/2008-12-22