There's a great deal of consolidation and reform in the healthcare market right now, including hospitals and doctor groups being acquired into integrated health delivery networks and those planning to take part new accountable care organizations. But there's also billions of dollars being spent on health IT, in large part by healthcare providers looking to cash in on the HITECH Act's $27 billion incentive programs for the meaningful use of health IT. While those stimulus program are prompting a great deal of health IT spending these days, the focus on IT by healthcare providers is expected to last as technology plays increasingly prominent roles in larger reform.
Even after funding runs out for the HITECH Act's $27 billion meaningful use stimulus programs in 2015, the demand for health IT expertise will persist, predicts Larry Tyler, chairman and CEO of Tyler & Company, a retained talent firm based in Atlanta, with offices in several U.S. cities.
"There's so much reform going on in healthcare, opportunities for IT to improve productivity and quality of care will continue," he said.
While most hospitals already have CIOs or directors of IT, those people in redundant positions post-merger are often staying with their organization because there's so many healthcare IT related projects and initiatives in the pipeline, Tyler said.
While those redundant posts sometime end up turning into roles that are somewhat "downsized" compared to the individual's previous job, new opportunities are also emerging for health IT leaders, project managers as well as programmers and other more seemingly mainstream health IT pros, especially if they're willing to switch employers or relocate, he said.
"There's so much going on in health IT these days, anyone who has the experience can make a jump," especially if they have background in the successful deployments of clinical information systems, such as e-medical records or computerized physician order entry systems, particularly on platforms of big name vendors like McKesson, Siemens, Eclipsys, and others, he said.
People with the right health IT skills and experience aren't only candidates for job openings at hospitals and doctor offices scurrying to meet deadlines for the HITECH Act's meaningful use financial incentive programs. The talent is also being sought by EMR and other health IT product and services vendors, as well as state and local government efforts, such as emerging health information exchange organizations.
A new report recently released by research organization Input called the health IT job and contracting opportunities being created by healthcare reform and other government efforts "seemingly endless."
That includes the need to fill higher level leadership positions for those new health IT initiatives.
Meanwhile, though recruiter Tyler said traditionally it's been "very rare" to see top level IT people in healthcare organizations move up the ranks into top positions like CEO or into jobs like chief operating officer, those sorts of moves have been less unusual over the years in other vertical markets--and that's starting to happen in healthcare, too.
In fact, Dr. Kevin Tabb will become the new CEO of Beth Israel Deaconess Medical Center in Boston in October. He was most recently chief medical officer of Stanford Hospitals and Clinics in Stanford, Calif. But prior to holding that post at Stanford, he was the organization's chief quality and medical information officer--and before to that, he worked for GE Healthcare, where he led the clinical data services division.