Physicians Expanding HIT Expenditures for 2008

A New Study from the Gantry Group

Staff Reporters

 

According to a new study from the Gantry Group, physicians and medical providers will be spending more money on health information technology tools and applications this year. And, their statistics suggest that healthcare providers are allocating forty percent or more of their current technology budget to clinical technology, in 2008.

This includes health information technology [HIT] expenditures for digital medical imaging, medication management, e-prescribing, RFID solutions, electronic medical records, patient care planning tools, patient documentation and various mobile applications.

Generally speaking doctors, physician-executives, CTOs, CIOs and most all organizational CXOs are moving away from custom, in-house created applications and looking for commercial packages that suit their needs.

By the end of 2008, over 80 percent of facilities will have invested in key clinical technologies, the Gantry Group predicted. The costliest items on provider budgets were digital medical imaging and electronic medical records, which in combination, ate up 64 percent of medical providers’ clinical technology budgets. 

Conclusion

And so, what does your HIT budget look like for 2008; is it fixed, flexible, hybrid, zero-based or some other type? 

More information: www.HealthcareFinancials.com 

Related information: www.HealthDictionarySeries.com

 

2 Responses

  1. Seeking Dossia® PHR Info?

    Does anyone have current information on the Wal-Mart pilot-testing program Dossia®, their massive Personal Health Record [PHR] initiative?

    I understand the current pilot study includes about 20 Wal-Mart employees, as well as a few other folks from partner firms like Applied Materials, AT&T, Pitney Bowes, Cardinal Health and Sanofi-Aventis, etc.

    The PHR technology is based on Indivo, an open-source PHR system developed by the Children’s Hospital of Boston, back in 1998. So, you can see my concern about using open-source code almost a decade old!

    Thank so much.
    -Christy

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  2. Readers may be interested in this comment:

    http://www.healthcare-informatics.com/ME2/Default.asp

    Also, another article came out today:

    http://www.healthcare-informatics.com/ME2/dirmod.asp?sid=&nm=&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=6937785EA1184EB180B78D04AD2AE205

    Best.
    James Feldbaum; MD
    Physician Consultant
    Clinical Transformation, Interoperability, and CPOE
    http://feldbaum.com
    13994 Siena Loop, Bradenton, Florida 24202
    941-266-0426

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