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

Inside One of Healthcare's Most Ambitious Hospital Projects 

When someone faces a serious medical condition, having access to world-class care close to home can make all the difference. 


Turning Condensate Loss into a Systemwide Steam Efficiency Opportunity

Case study: How APM Steam helped Atrium Health Cabarrus uncover hidden steam system inefficiencies and build an actionable repair plan with a projected $144,949 in annual energy savings.


The Leapfrog Group Publishes 2026 Ratings for Hospitals and ASCs

This year totaled more than 6,000 facilities nationwide.


Going Solar with No Upfront Costs

300 kW solar system and roof upgrade delivered with no upfront cost for medical center association.


Northwell Health Finds Energy Savings in Steam Systems

Case study: A proactive steam trap maintenance program is delivering millions in savings, fast payback and measurable carbon reductions across one of the nation’s largest health systems.


 
 


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.