Survey: 69% of Healthcare Leaders Indicate Capital Budgets Are Flat or Increased

Roughly 69 percent of healthcare leaders said their capital budgets for 2011 have remained flat or have increased compared with 2011, according to a Premier healthcare alliance survey (pdf).

This figure is down from 72 percent in Premier's March 2011 survey. Overall, 743 people responded to the survey.

Other key findings of the survey include the following:

•    Forty percent of respondents said health IT and communications is the area where the largest capital investment will be made next year. Infrastructure (28 percent), surgical suites (10 percent) and imaging equipment (10 percent) were the other main areas of capital investment.
•    When asked to quantify their forecasts for 2012 patient admissions compared with this year, 60 percent of respondents said they think admissions will increase.
•    Respondents said the three areas with the greatest impact on the organization's supply chain were the cost-savings goals of the organization, health IT and value analysis processes.

Related Articles on Hospital Budgets:

New York's Rockland County Budget Would Close Several Hospital Programs
7 Ways Hospitals Can Trim Their Labor and Operational Costs
After Heated Negotiations, Miami's Jackson Health System Cuts UM Medical School Payments by 13%

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