Canadian Acute Care

IT Decision Making and Budgeting

Publication Date	November 2008
Publisher	IDC
Product Type	Report
Pages	20
ISBN Number	not applicable
Product Code	IDC05807

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Summary

This IDC study focuses on decision making and budgeting by acute care providers in Canada. Resource allocation and priority setting are at the heart of efficient budgeting processes. Finance and administrative executives wield more power than other executives in many of Canada's acute care institutions when it comes to decisions about IT and telecommunications. IT budgets and related decisions are important in today's sophisticated healthcare environment. However, although the financial picture has improved over the past few years, financial constraints are still the norm and cost controls still a priority.

According to Jan Duffy, research director, Health Industry Insights "As this study shows, the CIO is not always the final decision maker, nor the biggest influencer when it comes to IT investments. A vendor is ill advised to limit its contact points to those with which it is most familiar. It is time to expand those horizons and learn to sell to the real buyer. Because the biggest influencer in acute care appears to be the financial/administrative executive, this will mean demonstrating measurable value the requirement for justification will increase and the need for a solid business case will never be more important. "

Content

IDC Opinion
In This Study
- Definitions
Situation Overview
- Finance and Administrative Executives Wield Significant DecisionMaking Power
- Figure: Job Role with Biggest Influence on IT and Telecom Budget Decisions
- Figure: Job Role with Biggest Influence on Decisions About Acquiring/Enhancing Clinical IT Solutions
- Figure: Job Role with Biggest Influence on Decisions About Acquiring/Enhancing Nonclinical IT Solutions
- Figure: Job Role with Biggest Influence on Decisions About Acquiring/Enhancing Telecommunications Solutions
- Hospital Expense Budgets
  - Hospital Operating Expenses
  - Table: Hospital Financial Performance Indicators: Provincial/Territorial and National Averages, 2006 and 2007
  - Figure: Acute Care Operating Budgets for FY08
  - Figure: Operating Budget Funding (Mean %)
  - Acute Care Information Technology and Telecommunications Budgets
  - Table: Information Systems as a Percentage of Total Expense by Province/Territory, 20062007
  - Figure: ICT Budget for FY08
  - Figure: ICT Budget Distribution
  - Application Budget Distribution
  - Figure: Software Budget Distribution
  - Figure: HealthcareSpecific Software Budget Distribution
  - Figure: NonHealthcareSpecific Expenditure Distribution
Future Outlook
- Economic Constraints Will Drive Further Innovation in Acute Care IT Delivery Models
- Figure: Technologies Considered Essential to Patient Safety
- Figure: Top 10 Acute Care Investment Plans
Essential Guidance
- Actions for Vendors to Consider
Learn More
- Related Research
- Synopsis