Health Care & Medical: E-Health Revives Health-Care IT

Better patient care, more access to specialists, and move to electronic health records are pushing tech innovation

Using its existing 802.11 Wi-Fi network, CareGroup recently began testing at its flagship Beth Israel Medical Center a wireless voice-over-IP application from Vocera Communications Inc. and an active RFID asset-tracking system from PanGo Networks Inc. The tracking system elec- tronically locates equipment, wheelchairs, IV pumps, and eventually even doctors and patients. CareGroup hopes the analytical capabilities of the tracking systems will help it to better understand usage patterns of equipment so it can make more-informed decisions about whether, say, testing equipment needs to be purchased or if underutilized gear can be reallocated to other floors in a hospital.

Health-care products distributor Cardinal Health Inc., meanwhile, is looking at potential ways RFID-related services can help its customers, CIO Jody Davids says. Among them is placing RFID tags on products used during medical procedures to make sure items aren't left inside patients during surgery.

Whether they're dealing with RFID, E-health records, or wireless technology, it's clear that health-care companies realize that business technology has become integral to the health of their companies and their patients.

Company Revenue in millions Income (loss)
in millions
Cardinal Health Inc.
Express Scripts Inc.
Catholic Health Initiatives
Sutter Health
Catholic Healthcare West
Quest Diagnostics Inc
Owens & Minor Inc.
UPMC Health System
Universal Health Services Inc.
Henry Schein Inc.
Kindred Healthcare Inc.
Laboratory Corp. of America
Community Health Systems Inc.
St. Joseph Health System
Group Health Inc. (GHI)
Texas Health Resources
Baylor Health Care System
Unicef (United Nations Children-s Fund)
Dade Behring Inc.
CareGroup Healthcare System
Geisinger Health System
St. Luke-s Health System
Sun Healthcare Group Inc.
Adventist Health
Grenada Lake Medical Center
Harvard Pilgrim Health Care Inc.
Inova Health System
Maimonides Medical Center
Oncology Therapeutics Network
Poudre Valley Health System
Staten Island University Hospital
Financial data is from public sources and company supplied.
Revenue is for latest fiscal year.
Dashes indicate companies requesting financial information not be disclosed.

Average portion of revenue spent on IT 3%
Companies using radio-frequency identification 19%
Companies globally sourcing products and supplies 36%
Hardware purchases 19%
IT Services or outsourcing 14%
Research and development 4%
Salaries and benefits 31%
Applications 21%
Everything else 11%
Average year-over-year revenue change 4%
Average year-over-year net income change -15%
See year-over-year shifts in business-technology practices for this industry.
Compare and contrast this year's data with last year's.

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