IT Cost Controls in the COVID-19 Era

Changes in revenues force managers to explore new ways to ensure care continuity with limited funds and staff resources


Like most every other aspect of healthcare organizations and facilities, IT spending has changed drastically during the COVID-19 pandemic, forcing managers to explore new ways to ensure care continuity with limited funds and staff resources.

Despite these challenges, IT teams need to be agile to meet providers’ needs so they can continue to see patients and deliver care in the current environment. But effective plans can’t take shape without a detailed roadmap, notes an April report from McKinsey. CIOs must fully define their arsenal of cost-reduction measures to determine which cuts are possible and when, according to HealthTech.

They also need to examine IT services that could be scaled back — as much as 30 percent of IT spending can be saved via measures that leverage flexibility built into the cost base, McKinsey finds — and focus on new workflows via virtual care and automation.

In a recent presentation for CDW’s Tech Talk series, Darren Pulsipher says to trim costs, organizations should re-evaluate what they’re already spending money on, with a particular focus on the temporary solutions that stood up during the initial remote work transition.

Click here to read the article.



December 18, 2020


Topic Area: Information Technology


Recent Posts

How Retail Design Principles Can Improve Healthcare Wayfinding

Healthcare facilities are adopting retail-inspired design strategies to make spaces easier to navigate and more comfortable for patients.


Flexible Design Strategies Help OhioHealth Maximize Clinical Space

Doing more with less was key to the renovated facility’s design.


Midwest Spine And Brain Institute Suffers Data Breach via Third-Party Vendor

MSBI recently learned that its third-party MSP provider, 3C, was affected by an external cyberattack.


What Accessibility in Senior Care Facilities Should Look Like

The future of design for senior care facilities should go beyond compliance.


Corewell Health to Expand Grand Rapids and Troy Hospitals

Major expansions at Corewell Health Butterworth Hospital in Grand Rapids and Corewell Health Beaumont Troy Hospital are planned.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.