HIMSS 2014 Leadership Survey: Lack of Financial Resources Top Barrier to IT Implementation

HIMSS 2014 Leadership Survey Infographic

The Healthcare Innovation and Management Systems Society (HIMSS) kicked off their annual conference in Orlando, Florida, on Monday with the results of the society’s 25th annual Leadership Survey.

Despite reported increases in IT budgets by 65% of respondents, a lack of sufficient financial resources is the #1 barrier to successful IT implementation, according to this year’s survey. This marks a shift from the previous two years, when “insufficient staffing resources” topped the list. Another notable change is a nearly two-fold increase in the number of hospitals employing a Chief Nursing Information Officer (CNIO), up to 15%.

According to the press release published Monday announcing the survey results, “This year’s respondents suggest that government efforts to encourage providers to adopt health IT initiatives across the country – such as Meaningful Use (MU) – have been successful.”

The vast majority of respondents (92%) expect to complete their conversion to ICD-10 before the October 2014 deadline. More than 90% of survey respondents report they have successfully qualified for Stage 1 Meaningful Use, and roughly 75% say they expect to qualify for Stage 2 this year.

“It is clear that healthcare reform initiatives are paying off and we hope that these findings will validate the ROI of health IT so that we may continue down this path of a more cost-effective, efficient healthcare system that engages the patient,” said Lorren Pettit, Vice President of Market Research for HIMSS Analytics.

The Survey examines a wide array of topics crucial to healthcare leaders including IT priorities, issues driving and challenging technology adoption and IT security. Learn more about HIMSS at www.HIMSS.org, or visit the conference website at www.HIMSSConference.org.

To discuss your healthcare IT needs and explore our cost-effective, cloud-based tools, please contact us at info@bedwatch.com or schedule a live demo.

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