CSC Study: Budget Concerns Hitting Harder | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

CSC Study: Budget Concerns Hitting Harder

May 1, 2009
by root
| Reprints

Hospitals and healthcare provider networks are getting hit even harder with budget concerns in the current economic climate according to a new study by Falls Church, Va.-based CSC.

The study cites a recent CEO survey by the Washington-based American Hospital Association which found that donations, grants and other non-operating income — which often pays for new equipment and information technology (IT) — fell from a surplus of $396 million at the end of 2007 to a deficit of $896 million at the end of last year. The study says this drop in funding is having an adverse effect on IT budgets.

CSC found that 38 percent of hospital CEOs have delayed or deferred IT projects that were already underway, and 55 percent were delaying or deferring upcoming projects.

The report, which also offers tips for doing more with less, is available online at: www.csc.com/health_services/insights/24658-getting_value_from_it.

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

Industry Organizations Praise Senate Passage of VA Mission Act

The U.S. Senate on Wednesday passed, by a vote of 92-5, a major Veterans Affairs (VA) reform bill that includes health IT-related provisions to improve health data exchange between VA healthcare providers and community care providers.

NIH Issues Funding Announcement for All of Us Genomic Research Program

The National Institutes of Health’s (NIH) “All of Us” Research Program has issued a funding announcement for genome centers to generate genotype and whole genome sequence data from participants’ biosamples.

MGMA: Physician Compensation Data Illustrates Nationwide PCP Shortage

Primary care physicians’ compensation rose by more than 10 percent over the past five years, representing an increase which is nearly double that of specialty physicians’ compensation over the same period, according to the Medical Group Management Association (MGMA).

Circulation, Buoy Health Collaborate on Integrated Platform for Patient Transportation

Boston-based startup Circulation Health, a ride-ordering exchange that coordinates medical transportation logistics using Lyft and other transportation partners, is partnering with Buoy Health, also based in Boston, to integrate their platforms to provide patients with an end-to-end healthcare experience.

HITRUST Provides NIST Cybersecurity Framework Certification

The Health Information Trust Alliance (HITRUST), security and privacy standards development and accreditation organization, announced this week a certification program for the National Institute of Standards and Technology's (NIST) Cybersecurity Framework (Framework).

Report: Interoperability in NHS England Faces Similar Barriers as U.S. Healthcare

Electronic patient record interoperability in NHS England is benefiting patient care, but interoperability efforts are facing barriers, including limited data sharing and cumbersome processes falling outside of the clinician workflow, according to a KLAS Research report.