Hospitals, Practices Doubling Down on IT Spending: Their Top Priorities for Tech Investments

Healthcare providers continue to spend on health IT and software despite current economic uncertainty, Fierce Healthcare reports.

As hospitals, health systems and medical practices try to recover from a global pandemic, these organizations are now regrouping, looking to be more focused with their investments and streamlining their existing tech stacks, according to a new report from Bain & Company and KLAS Research.

“Provider organizations, regardless of size or sophistication, are emerging from the pandemic and taking stock of the software solutions they’ll need in the long term and determining where and how to invest. As part of this reflection, many are seeking to better integrate new solutions and rationalize vendors,” Bain & Company and KLAS analysts wrote in the report.

Some 45% of providers accelerated software investment over the past year, with only 10% decelerating their spending. Read more.

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