Wednesday, March 14, 2007

IT Spending Gap - Acute vs. Post-Acute

I had a conversation yesterday with a leading hospital CIO and he said that most hospitals budget $17,500 per patient bed for IT spending. This only includes the infrastructure and software costs, not medical device hardware like MRIs etc.

In the Long-Term Care industry, facilities are lucky if they can spend one-tenth of that amount per resident. Where is our indsutry going to find the financing to remain competitive in the delivery of healthcare services for the ever-increasing numbers of residents? I'd suggest a letter writing campaign to your elected representatives . . .

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