Amid ongoing challenges within the industry, a new
comprehensive blueprint from Info-Tech Research Group highlights
four key priorities for healthcare IT leaders to adopt an
Exponential IT mindset to enhance patient outcomes, manage costs,
and navigate industry disruptions.
TORONTO, July 10,
2024 /PRNewswire/ - The healthcare industry is facing
unprecedented challenges due to rapid technological advancements,
increasing cybersecurity risks, and persistent staffing shortages.
In this evolving landscape, global research and advisory firm
Info-Tech Research Group says that adopting an Exponential IT
mindset has become crucial for healthcare organizations to remain
competitive and effective. Info-Tech Research Group has released a
new blueprint, Priorities for Adopting an Exponential IT Mindset
in the Healthcare Industry, which provides vital insights and
actionable strategies for IT leaders to drive innovation, enhance
operational efficiency, and improve patient care.
The firm's blueprint highlights the pressing opportunity for
healthcare organizations to transition from traditional linear IT
approaches to Exponential IT. The shift can help the sector
leverage emerging technologies such as AI, machine learning, and
advanced analytics to drive significant improvements in healthcare
delivery and operational processes.
"The healthcare industry has witnessed significant
technological changes, from digitizing operations to reimagining
service models and adopting exponential technologies. However,
compared to other industries, healthcare's digital transformation
lags," says Sharon Auma-Ebanyat, research director at Info-Tech
Research Group. "The healthcare industry continues to face
challenges such as low financial margins, staffing shortages, and
increasing cybersecurity risks, which impact IT innovation. The
chasm between the healthcare industry's desire to harness
technology and its ability to deliver is continuing to
widen."
Info-Tech's recommended strategy, outlined in the new blueprint,
not only includes integrating cutting-edge technologies to
streamline operations but also ensures the provision of superior
patient care and innovative health services. According to the firm,
by adopting an Exponential IT mindset, healthcare organizations can
effectively handle technological disruptions, enhance operational
efficiency, and meet the evolving demands of patients.
The research identifies critical challenges that the healthcare
sector must address to advance technologically. For instance, low
financial margins can limit the ability to invest in new
technologies, and the persistent issue of staffing shortages
impacts the delivery of care and the capacity for innovation.
Moreover, the increasing sophistication of cybersecurity threats
requires significant investment in data protection to secure
patient information. Info-Tech advises that IT initiatives be
strategically aligned with organizational objectives and that a
culture promoting adaptability and innovation be cultivated. By
doing so, healthcare organizations can effectively tackle these
challenges, leading to substantial improvements in both care
delivery and operational processes.
Info-Tech details the four key priorities that IT leaders
in healthcare must take into account when adopting an Exponential
IT mindset. These recommended priorities are:
- Evolve Business Relationship Management Practices:
Enhance collaboration between IT and business teams by establishing
shared responsibility for business outcomes. This priority focuses
on breaking down silos and ensuring that IT is seen as a strategic
partner rather than just a service provider, thereby fostering a
more integrated approach to achieving organizational goals.
- Mitigate Rampant Privacy Risks: Prioritize
investments in cybersecurity to protect patient data and ensure
compliance with regulatory requirements. As healthcare
organizations handle sensitive patient information, robust data
protection measures are essential to prevent breaches and maintain
trust while also meeting the stringent standards set by regulations
such as HIPAA.
- Align IT and Organizational Outcomes; Build Outcome
Measurement: Develop and implement measurement frameworks
that align IT initiatives with organizational goals. This process
involves creating metrics that reflect the success of IT projects
in driving value for the organization, ensuring that IT efforts are
directly contributing to improved patient care and operational
efficiency.
- Build Outcome Measurement and Prioritize Opportunities
Aligned with Organizational Value: Strategically align IT
initiatives with broader organizational goals, focusing on
high-value opportunities. This priority emphasizes the need for a
structured approach to identifying and prioritizing IT projects
that offer the greatest potential for impact, ensuring that
resources are directed toward initiatives that drive substantial
improvements in healthcare delivery.
To support the rapid adoption of new technologies, the
identified priorities emphasize the importance of foundational
capabilities, such as developing an adaptive delivery model,
optimizing operations through automation, and fostering workforce
flexibility. The firm's blueprint provides healthcare IT leaders
with a structured approach to navigating the complexities of
digital transformation and leveraging exponential technologies to
enhance patient care and operational efficiency.
Info-Tech advises that by strategically aligning IT initiatives
with organizational goals and fostering a culture of innovation,
healthcare organizations can overcome the barriers to digital
transformation. Info-Tech's comprehensive research offers practical
guidance on how to build a robust IT infrastructure, manage risks
effectively, and create a data-driven environment that supports
continuous improvement and innovation.
For exclusive and timely commentary on this topic from
Info-Tech's analysts, including Sharon Auma-Ebanyat, a
healthcare industry expert, and access to the complete
Priorities for Adopting an Exponential IT Mindset in the
Healthcare Industry blueprint, please contact
pr@infotech.com.
Info-Tech LIVE 2024
Registration is now open for Info-Tech Research Group's
annual IT conference, Info-Tech LIVE 2024, taking place
September 17 to 19, 2024, at the
iconic Bellagio in Las Vegas. This
premier IT industry event will also offer journalists, podcasters,
and media influencers access to exclusive content, the latest
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to attend the event or to gain access to research and expert
insights on trending topics, please contact pr@infotech.com.
About Info-Tech Research Group
Info-Tech Research Group is one of the world's leading
research and advisory firms, proudly serving over 30,000 IT and HR
professionals. The company produces unbiased, highly relevant
research and provides advisory services to help leaders make
strategic, timely, and well-informed decisions. For nearly 30
years, Info-Tech has partnered closely with teams to provide them
with everything they need, from actionable tools to analyst
guidance, ensuring they deliver measurable results for their
organizations.
To learn more about Info-Tech's divisions, visit McLean
& Company for HR research and advisory
services and SoftwareReviews for software buying
insights.
Media professionals can register for unrestricted access to
research across IT, HR, and software and hundreds of industry
analysts through the firm's Media Insiders program. To gain access,
contact pr@infotech.com.
For information about Info-Tech Research Group or to access the
latest research, visit infotech.com and connect via
LinkedIn and X.
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SOURCE Info-Tech Research Group