Health Care Information Technology: A critical need

The only major industry that has invested less in information technology than Health Care is trucking. (Source: Health IT Strategist, 12/2/05)

Health Care IT spending in North America will grow from $36.5 billion in 2003 to $47 billion in 2007, due to market pressures to decrease costs and improve operational efficiency. (Source: VARBusiness, 11/8/04)

Estimates of the potential savings from the implementation of Health Care IT and corresponding changes in care processes range from 8% to 30% of total health care costs. However, these savings are not guaranteed: if poorly designed or implemented, Health Care IT will not bring these benefits, and in some cases may even result in more medical errors and increased costs. (Source: www.hhs.gov)