In All That Tech Spending, Don’t Forget The ROI
Spending on new information technology (IT) by health care provider organizations is rising (see Provider Organization Tech Investments Predicted To Double – What Tops The List & Why?). The global health care information technology market was valued at $41.2 billion as recently as 2013, but predictions suggest this market could increase to $104.5 billion by 2020 (see Healthcare IT Market Analysis By Application And Segment Forecasts To 2020). And according to MarketsandMarkets, the global market for behavioral health software alone is expected to reach $1.5 billion by 2019, approximately doubling from $750 million in 2014 (see Behavioral Health . . .