Navigation Links
Economy Forces Most Wired Hospitals to Look Closely at IT Spending
Date:7/6/2009

CHICAGO, July 7 /PRNewswire/ -- The economic crisis is forcing many hospitals to make tough decisions with scarce resources, including delaying and scaling down information technology (IT) projects, according to a newly released survey of America's "most wired" hospitals and health systems. While progress has been made and incentives to implement IT will be available through the recently passed stimulus legislation, many hospitals still have a long way to go.

The 100 Most Wired hospitals are torn between building on their IT successes and keeping a sharp eye on budgets. Marking its 11th year, the Most Wired Survey and Benchmarking Study continues to lead the field in analyses and benchmarking of healthcare IT.

"The economic slowdown is forcing hospitals to look closely at IT spending," says Alden Solovy, executive editor of Hospitals & Health Networks magazine. "Most Wired hospitals are doing their best to stay the course."

To complicate matters, the great unknown of health care reform looms in the near future and a number of regulatory changes are already heading down the pike, including the shift to ICD-10.

"As the health reform debate continues, it's clear that IT will play an even more important role in the health system of tomorrow," says Rich Umbdenstock, president and CEO of the American Hospital Association (AHA). "Most Wired hospitals help illustrate IT in action--improving efficiency, quality and safety of care while helping to control costs."

Hospitals also continue to invest in IT that supports quality and safety initiatives. Investment in electronic medication management is considered one of the fundamentals of using IT to improve care. The 2009 Most Wired Survey and Benchmarking Study shows an overall increase in both provider order entry of medications and electronic bedside matching at the time medications are administered.

"Hospitals clearly recognize that in spite of smaller budgets they still need to invest in IT and position themselves for the future," says Sunny Sanyal, president of McKesson Provider Technologies. "We're seeing hospitals reprioritize. For example, instead of continuing with plans to build a new data center extension, a hospital now may choose to redirect funds to other technologies."

Of the organizations completing the survey this year, 38 hospitals and health systems--6.8 percent of the sample--have effectively deployed information technology at both ends of the medication administration process. This compares with 23 hospitals and health systems in 2008, or 4.1 percent of the sample.

At the typical hospital responding to the survey, 26 percent of medications are entered electronically by physicians, compared with 19 percent in 2008. The typical respondent has 40 percent of medications matched at the bedside, compared with 30 percent in 2008.

The Most Wired Survey is conducted annually by Hospitals & Health Networks magazine, the journal of the AHA, which uses the results to name the 100 Most Wired hospitals and health systems. It focuses on how the nation's hospitals use information technologies for quality, customer service, public health and safety, business processes and workforce issues.

Hospitals & Health Networks conducted the 2009 survey in cooperation with McKesson Corp. and the College of Healthcare Information Management Executives. The July H&HN cover story detailing results is available at www.hhnmag.com.

About the Most Wired Survey and Benchmarking Study

Hospitals & Health Networks, the journal of the AHA, conducts the voluntary Most Wired Survey and Benchmarking Study annually and names the 100 Most Wired.

McKesson Corporation is a healthcare services and information technology company dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes, and improving the quality and safety of patient care.

CHIME was formed with the dual objective of serving the professional development needs of healthcare chief information officers and advocating the more effective use of information management within health care.

    For information contact:
    Lee Ann Runy
    Health Forum
    (312) 893-6866
    mostwired@healthforum.com


'/>"/>
SOURCE American Hospital Association
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Local Company Offers Micro-Businesses Fortune 500-Style Administrative Services in a Competitive Economy
2. Wound Care Certification Program Gives Healthcare Sales Professionals Competitive Edge in Tough Economy
3. Lotus Pharmaceuticals, Inc. to Exhibit at the 2009 International Conference for Bioeconomy
4. TransUnion Revenue Manager(SM) Meets Healthcare Challenges Brought On By Todays Economy with New Features
5. VSPs Individual Plan Thrives in a Starving Economy
6. Economy Makes Employee Assistance Programs More Important Than Ever
7. New mtvU & Associated Press Poll Shows How Stress, the Economy & Other Factors are Affecting College Students Mental Health
8. Americans Skimp on Healthy Activities in Bad Economy
9. Is There a Nutritional Upside to a Down Economy?
10. Economy Impacts People Seeking Treatment for Addiction - 80% Increase Over Last Year
11. Do a Show on Money, Marriage and Mental Health in a Tough Economy
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/9/2016)... ... December 09, 2016 , ... Groth Family Insurance, a ... Richland, is initiating a charity drive to support the family of Cindy Hendrickson, ... collision. , On October 29th of this year, Cindy Hendrickson swerved to ...
(Date:12/9/2016)... ... December 09, 2016 , ... Sober College, the ... the grand opening of the Sober College Robert Pfeifer Memorial Learning Center at ... 2-3, and was attended by an overwhelming amount of alumni, family, colleagues and ...
(Date:12/9/2016)... ... ... "I had a terrible time trying to get my grandson to use his ... had a more child-friendly design, then children would be more likely to look forward ... avoid the need to deliver medication via a nebulizer mask. The design will not ...
(Date:12/8/2016)... ... December 08, 2016 , ... Russ ... announced the first national #QuackGivesBack campaign which supported local breast cancer organizations during ... franchise-wide Quack Gives Back initiative, and we’re very pleased with the ...
(Date:12/8/2016)... ... December 08, 2016 , ... With the increasing demand for ... In Your Mouth?” (WIYM) campaign to inform dentists and patients about the safety issues ... implant and prosthetic market in the U.S. is projected to reach $6.4 billion in ...
Breaking Medicine News(10 mins):
(Date:12/8/2016)... 2016  Diplomat Pharmacy, Inc. (NYSE: DPLO) has been recognized by ... Workplaces National Standard. To learn more about Diplomat,s ... ... ... administered by WorkplaceDynamics, LLC, a research firm specializing in organizational health ...
(Date:12/8/2016)... Connecticut , 8 de dezembro de 2016  A Mederi Therapeutics ... terapia Stretta, um tratamento não cirúrgico para a doença do refluxo gastroesofágico (DRGE). ... ... Live Stretta procedure performed and ... of Endoscopy at Wuhan Union Hospital ...
(Date:12/8/2016)... Pa. , Dec. 8, 2016  A new ... reports that the use of opioid therapy to treat ... increase the likelihood of more harmful consequences, including death. ... , M.D., and Zankhana Mehta , M.D., authored ... research on chronic opioid therapy. The study was published ...
Breaking Medicine Technology: