Chapter 7IT Finance Building Blocks

DOI: 10.4324/9781003377023-9

With the increasing pressure to reduce IT costs in healthcare, IT departments face significant challenges to continue to provide day-to-day support for the organization and deliver secure, reliable, innovative solutions. One of the primary challenges IT departments have in healthcare is communicating the value of IT investments. It can be particularly difficult when IT is competing with clinical leaders for limited funds – such as whether to implement a new software solution vs. upgrade an imaging system in an operating room. It is almost always seen as a simple answer – clinical needs come first. However, without a secure, stable, reliable, and highly available IT infrastructure, ...

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