Deciding What to Insource or Outsource in Your Hospital Technology Strategy

Deciding What to Insource or Outsource in Your Hospital Technology Strategy

Insourcing versus Outsourcing in Health System IT Strategies The growth rate in hospital IT spend has outpaced growth rates in overall healthcare costs by as much as five times between 2007 and 2015, according to our analysis. Much of the IT spend during that time was dedicated to massive investments in electronic health record (EHR) implementations.…

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How LeBron’s Championships Can Explain ERP Strategy

How LeBron’s Championships Can Explain ERP Strategy

LeBron James, three-time NBA champion and two-time Olympic gold medalist, is one of the best basketball players of all-time. With his recent return to the Cleveland Cavaliers from the Miami Heat, LeBron also boasts one of the most controversial careers in recent basketball history. But what can LeBron’s commitment issues teach us about Enterprise Resource Planning (ERP) systems?…

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Technical Assessments: Improved Budget Strategy and IT Control

It’s that time of year for many organizations.  “What are we going to do next year and what will cost?”   Often, trying to determine where to allocate resources, particularly as it related to technology, can be a challenging ordeal.  “Should I keep that device after it’s out of warranty?  Do I really need additional storage based on current projections? …

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The Right Port in a Storm

Imagine if you will, you are the captain of a ship. (I’m from Baltimore, land of tall ships.  Please pardon my nautical references.)   You have been commissioned to deliver goods and passengers from point A to point B.  You are uncertain where point B is but you have 16 years of experience sailing this ship and you earned your title of Captain. …

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Avoiding IT Overload: The Top Ten Things Banks Can Do

In the last two to three years, technological advances coupled with customer demand for new ways to bank have empowered financial institutions to take on many new technology projects.  The lack of investment during the recession coupled with the beginnings of an economic recovery have permitted banks’ technology budgets to grow and have even allowed many banks to take on major transformational...

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Evaluating The IT Strategy

Throughout the IT diligence process, the primary goal is to learn as much information as possible in order to ensure a transparent understanding of Target’s IT function.  If done correctly, diligence helps reduce or eliminate any surprises after close.  One specific area to review is the IT Strategy.  Without a thoughtful IT Strategy, it is challenging for IT to transform from a...

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