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.

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.

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