Wednesday, March 26, 2014

Regulations Increasing Hospital IT Budgets

Senior IT executives say IT budgets for 2014 are higher than in 2013, according to a 2014 HIMSS Leadership Survey.

A variety of reasons were given for these budget increases. Among them was the need to comply with regulations, reported by almost half of respondents (49%).

"49% cited need to comply with regulations as reason for increased IT budget."
- Becker's Hospital Review
Another reason for budget increases mentioned was need for more staff to comply with regulations (39%). To address both these issues healthcare organizations are utilizing SaaS offerings. For proactive privacy data breach and identity theft detection, healthcare organizations are turning to low-cost on-demand SaaS analytics services.
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Sources:
(a) Why Hospitals' IT Budgets Are Increasing: 13 Statistics - www.BeckersHospitalReview, 03/24/2014

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