Provider Organization Tech Investments Predicted To Double – What Tops The List & Why?
Provider organization tech investment is climbing – by some industry predictions, we can expect it to double in the next three years (see Health Care Provider Organizations To Double IT Services Spending By 2020). Analysts forecast a compound annual growth rate of 12% for technology purchases per year during 2014-2020, reaching $68.3 billion in 2020.
What are provider organization executives investing in? According to a recent survey of health care executives in Healthcare IT News, when asked what tech investments were on the drawing board, executives answered analytics (45%), workflow improvement (45%), telehealth (44%), population health (41%), smart medical . . .