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Report Finds Most HIT Budgets Continue to Climb

A new IDC Health Insights report that examines the results of the 2015–2016 Healthcare Provider Technology Spend Survey, reveals that while 40% of providers reported that IT budgets are still growing, only 25% of providers that reported growing budgets attribute growth to EHR, providing evidence that the post-EHR era is upon us as providers turn to optimizing the business for accountable care, adding analytics and care management, and away from massive enterprise EHR projects. Topics covered in the survey and new report, "Business Strategy: Trends and Opportunities in the U.S. Healthcare Provider Market — A Discussion of the 2015–2016 Healthcare Provider Technology Spend Survey Results," include enterprise spending and shifts in IT budgets and investment in key areas such as the cloud and clinical applications, including EHR, patient engagement, revenue cycle, and analytics.

The new survey specifically examines technology spending and planned technology spending by US acute care hospitals with 200+ beds. The results indicate that we are at the beginning of the post-EHR/postmeaningful use era in HIT. The hospitals responding to the survey overwhelmingly reported confidence in their ability to manage meaningful use. Hospitals were somewhat less confident in their ability to manage health care reform requirements other than meaningful use. Additional key findings of the new report include the following:

According to Research Director Judy Hanover, "This report documents the movement by providers to the 3rd Platform, and across cloud, mobile, and Big Data technologies, we saw providers making significant investment in 2015, with more planned for 2016."

As providers finalize planning for 2016, the results from this study should add to the forward-looking predictions found in "IDC FutureScape: Worldwide Healthcare 2016 Predictions" to provide a benchmark on the activities of peer organizations in the industry. IDC Health Insights recommends the following key actions to consider:

Source: IDC Health Insights