Healthcare // Electronic Health Records
News
9/9/2009
07:15 PM
50%
50%

InformationWeek 500: Stimulus Spending Boosts Healthcare IT Budgets

Spending in 2009 is expected to exceed 2008 for nearly 70%.

It's an exciting and challenging time for healthcare companies as they take on new projects spurred by the federal government's $20 billion health IT stimulus program.

Though stimulus money doesn't start flowing until 2011, nearly 70% of healthcare companies in the InformationWeek 500 survey expect their technology spending in 2009 to exceed their 2008 spending. The percentage of healthcare companies ramping up spending is more than in any other industry surveyed.

Healthcare companies surveyed say they're allocating 30% of their IT budgets to new initiatives, while 70% is earmarked for ongoing IT operations.

Fifty-two percent of healthcare companies are introducing new IT-led products and services for customers, significantly higher than the 37% of all companies surveyed. Collaborative applications are top of mind for these companies, as well: 78% of those surveyed are using hosted collaborative applications and 71% are using wikis and blogs internally. Fifty-four percent of healthcare companies surveyed say using collaborative apps is one of the most effective steps they can take to boost productivity, followed by business intelligence tools.

In a year, with deadlines quickly approaching for the first wave of healthcare IT stimulus rewards, it'll be interesting to see where companies are focusing.


Industry Snapshot: Healthcare & Medical


Go to the 2009 InformationWeek 500 homepage

Comment  | 
Print  | 
More Insights
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest, Dec. 9, 2014
Apps will make or break the tablet as a work device, but don't shortchange critical factors related to hardware, security, peripherals, and integration.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of December 14, 2014. Be here for the show and for the incredible Friday Afternoon Conversation that runs beside the program.
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.