HIMSS14 Survey: Healthcare CIOs Focus On Fiscal Survival - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Healthcare // Leadership
News
2/26/2014
01:37 PM
Connect Directly
LinkedIn
Google+
Twitter
RSS
E-Mail
50%
50%

HIMSS14 Survey: Healthcare CIOs Focus On Fiscal Survival

HIMSS members say top business objective is to sustain financial viability as regulation, payment models change.

8 Healthcare Startups Catch Fire
8 Healthcare Startups Catch Fire
(click image for larger view and for slideshow)

Healthcare CIOs see the issues they currently confront as very high stakes, according to the 2014 HIMSS Leadership Survey, released at the health IT organization's annual conference this week.

The top business objective cited by those surveyed (primarily hospital and hospital-based health system IT executives) was to sustain financial viability, which was rated the top issue by 25% of respondents. That's up from 21% last year and from just 15% in 2012. These results reflect increasing anxiety about the shape of healthcare reform and broader payment and reimbursement trends.

The related goal of improving operational efficiency followed closely behind (16%), while using technology to improve quality of care and achieving meaningful use both weighed in at 14%.

[For more analysis from the show floor, read HIMSS14: Health IT's Next Boom Cycle.]

Achieving Meaningful Use goals still rates as the top IT priority for the next two years, top-ranked by 25% (down slightly from 28% last year). "We think that might be because they're talking about a level of readiness," suggested HIMSS analytics senior director of research Jennifer Horowitz. In other words, it's a slightly lower priority because hospitals are now less worried about achieving it.

Most organizations (71%) do expect to be able to attest to Meaningful Use Stage 2 compliance in 2014, and another 19% expect to get there in 2015. Completing the conversion of systems to support ICD-10 diagnosis codes by the October deadline dictated by the Centers for Medicare and Medicaid Services is also a top priority, but it falls a little farther down the list, cited by 16% of those surveyed.

Still, ICD-10 is a cause for anxiety because of its connection to government reimbursement. "If we didn't reach [Meaningful Use] Stage 2, it would be embarrassing," said Anupam Goel, VP of clinical information for Advocate Healthcare, who attended a press briefing on the survey. "ICD-10 is something where if we didn't get it right, we could go bankrupt."

HIMSS Leadership Survey (see larger)
HIMSS Leadership Survey (see larger)

Download Healthcare IT In The Obamacare Era, the InformationWeek Healthcare digital issue on changes driven by regulation. Modern technology created the opportunity to restructure the healthcare industry around accountable care organizations, but ACOs also put new demands on IT.

David F. Carr oversees InformationWeek's coverage of government and healthcare IT. He previously led coverage of social business and education technologies and continues to contribute in those areas. He is the editor of Social Collaboration for Dummies (Wiley, Oct. 2013) and ... View Full Bio

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
asksqn
50%
50%
asksqn,
User Rank: Ninja
2/26/2014 | 2:42:22 PM
US Solvency: Different Day, Same Issue
Questional reimbursement from the federal government seems to be a pervading theme across the spectrum from medical to independent contracting (save for Defense Department cronies who seem to be compensated/reimbursed lavishly and to the exclusion of all other vendors.)

 

 
Alison_Diana
50%
50%
Alison_Diana,
User Rank: Author
2/26/2014 | 4:18:50 PM
Medical Champions
In any implementation, a business leader has to champion the technology or it will fail. Even when an implementation is driven by a government regulation, you need an internal champion. Within healthcare, that champion should be a high-level physician, nurse, or clinician, depending on the breadth and scope of the solution you're implementing. There are bound to be some frustrations. If it's seen as an IT edict without real benefit to the doctors, nurses, radiologists, or other staff who will use the system each day, then getting buy-in will be challenging.
Slideshows
Reflections on Tech in 2019
James M. Connolly, Editorial Director, InformationWeek and Network Computing,  12/9/2019
Slideshows
What Digital Transformation Is (And Isn't)
Cynthia Harvey, Freelance Journalist, InformationWeek,  12/4/2019
Commentary
Watch Out for New Barriers to Faster Software Development
Lisa Morgan, Freelance Writer,  12/3/2019
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
The Cloud Gets Ready for the 20's
This IT Trend Report explores how cloud computing is being shaped for the next phase in its maturation. It will help enterprise IT decision makers and business leaders understand some of the key trends reflected emerging cloud concepts and technologies, and in enterprise cloud usage patterns. Get it today!
Slideshows
Flash Poll