How CIOs can leverage IT decisions to improve costs

No longer just a steward of IT, the CIO position is simultaneously attaining higher value for its influence on a number of facets of healthcare, while the expectations for competencies placed on those filling the role are expanding. One area the role of CIO is undoubtedly growing to encompass is cost improvement, according to Liz Kirk, senior vice president of cost improvement for Chicago-based Strata Decision Technology.

According to Ms. Kirk, there are three major factors CIOs need to account for to reduce the cost of providing care. These are simplifying their IT platforms, avoiding the use of systems that require or encourage customization and automating workflows.

"The key problem with keeping so many systems running smoothly is it takes an extreme amount of duct tape, which comes in the form of smart, well-paid, well-educated people who on a daily basis do rote, repeatable work to ensure end users get what they need and systems keep running," Ms. Kirk said in a webinar presentation on Wednesday.

Complicated systems that offer customization can end up requiring up to five times as much support and generally result in decreased satisfaction. All of the extra hands that are required on deck are costly for an organization, and result in resources being allocated away from increasing revenue and toward things like just keeping the lights on.

Ms Kirk's book, "Mission+Margin: A Prescription for Curing Healthcare's Cost Crisis" is available on iTunes and Amazon. Her "The Role of the CIO in Cost Improvement" webinar presentation will be given monthly in a virtual book tour format through September. Information on dates and presentations is available here.

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