IT in Healthcare
A simple method for developing a business case to evaluate IT investments in the healthcare industry.
Steven Genson, MBA, MPP and Mark W. S. Chun, PhD
2006-2007 Healthcare Industry Predicted Statistics:
Below are a few significant statistics that the U.S. Department of Labor[1] released in a January 2006 report.
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1. The healthcare industry is predicted to add nearly 3.5 million new jobs between 2002 and 2012, an increase of 30 percent.
2. From 2002 to 2012, 10 of the 20 fastest growing occupations are predicted to be concentrated in health services. These positions include medical assistants (59 percent growth), physician assistants (49 percent growth), home health aides (48 percent growth), and medical records and health information technicians (47 percent growth).
3. Projected rates of employment growth for the various segments of the industry range from 12.8 percent in hospitals, the largest and slowest-growing industry segment, to 55.8 percent in the much smaller home healthcare services.
On August 22, 2006, President George W. Bush signed an executive order concerning IT's role in the healthcare industry. The order directly states that improving the quality and efficiency of healthcare delivery is dependent on the standardization and use of interoperable health IT. As defined by this order, interoperability is "the ability to communicate and exchange data accurately, effectively, securely, and consistently with different information technology systems, software applications, and networks in various settings and to exchange data such that clinical or operational purpose and meaning of that data are preserved and unaltered."[2]
[1] U.S. Department of Labor, High Growth Industry Profile, January 25, 2006.
[2] Bush, George W. "Executive Order: Promoting Quality and Efficient Health Care in Federal Government Administered or Sponsored Health Care Programs," 22 August 2006.
We at MSO Solutions, LLC know the importance of Information Technology in the healthcare practice. Please contact us today for an evaluation and estimate of your office.
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