Hospital C-suite: 31% of executives consider meaningful ROI on IT purchases top challenge

IT is becoming increasingly integral to hospital and health system operations, but new EHRs, software and hardware require significant capital investment. A recent peer60 survey found 31 percent of C-suite executives think return on investment for IT purchases is a top challenge for their organization.

Advertisement

The survey, Into the Minds of the C-Suite, includes insight from C-suite executives from 320 hospitals. Executives reported other top challenges including:

•    Managing the switch to value-based reimbursement: 64 percent
•    Coordinating care: 56 percent
•    Managing patient populations: 54 percent
•    Patient engagement: 48 percent
•    Physician and nurse shortages: 47 percent
•    Managing data: 36 percent
•    Regulatory compliance: 33 percent
•    Improving information security: 30 percent
•    Reducing hospital-acquired infections: 18 percent
•    Mergers and acquisitions: 11 percent
•    Other: 7 percent

Unsurprisingly, CIO concerns rank differently than overall executives’ reported challenges. CIOs reported their top concern as improving information security.

More articles on health IT:
26% of malware directed at healthcare websites
70% of EHRs have adopted ePA: 7 things to know
WEDI establishes genomic data exchange: 3 things to know

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.