If you intend to ask your CEO for more healthcare spending money to boost IT security, you're on the right track.
Most of the respondents to TechTarget's recent healthcare purchasing survey indicated that security will top their investment priority list for the rest of the year -- a trend that may pick up even more steam, given a pair of recent high-end breaches of patient records.
Our nonscientific poll offers a snapshot of health IT spending plans, with hospitals, providers and insurance carriers also looking to devote funds for:
- Analytics and big data
- Compliance, especially as it concerns HIPAA and ICD-10
- Cloud services and applications
- Mobile health
This infographic details these top five healthcare spending areas for IT, with in-depth details about areas of investment and prominent vendors.
Security may top health IT spending
Pressure continues to build for hospitals and other providers to tighten the garrison around their protected health information. In the first three months of 2015, two U.S. insurance companies announced they had been the victims of cyberattacks:
- A breach at Premera Blue Cross exposed the financial and medical records of 11 million customers.
- Hackers broke into a database at Anthem Inc. and stole the personal data of up to 80 million customers and employees, although medical and financial information was not breached
Meanwhile, the U.S. Department of Health and Human Services' Office for Civil Rights intends to put its HIPAA audits into full swing at some point in 2015. Expect the investigations to focus on particularly egregious HIPAA violations that affect high numbers of patients.
In a related item, compliance training for HIPAA will be the recipient of healthcare spending, according to our survey respondents. Providers -- particularly solo doctors and smaller physician practices -- should scrutinize their patient privacy initiatives if they haven't done so recently.
Premera said it is taking action to strengthen security
Ask the Expert: Do HIPAA compliance requirements change during health crises?
IT must ensure the implementation of strong healthcare mobile security practices