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

Sustainability as a Baseline in Healthcare Facilities

Hospitals can balance costs, build resilience and learn from global models for sustainable design to further their green goals.


Penobscot Valley Hospital Reports Data Security Incident

It immediately implemented its incident response procedures, took steps to secure systems and hired third-party forensic specialists to assist with an investigation.


Ballad Health Acquires Land for Future Unicoi County Hospital

The new hospital is expected to feature an emergency department, 10 inpatient beds and outpatient services.


Why Healthcare Facilities Management Is Critical to Patient Safety 

Hospitals and other healthcare facilities rely on much more than doctors and nurses to keep patients safe.


Brookdale Senior Living Announces Acquisition of the Brookdale Galleria Community

The 244-unit independent living and assisted living community is located directly adjacent to The Galleria shopping and entertainment complex.


 
 


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.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.