Business Strategy: U.S. Healthcare Provider IT Consulting and IT Outsourcing Market Overview, 2016

Business Strategy: U.S. Healthcare Provider IT Consulting and IT Outsourcing Market Overview, 2016

This IDC Health Insights report describes the current status of and drivers of demand for IT consulting, systems integration, and IT outsourcing spending among midtier, large, and very large hospitals in the United States. The end of Meaningful Use and electronic health record incentive spending makes this IT services market appears superficially undynamic. However, under the surface, providers are yielding to severe cost pressure in large part by rationalizing their portfolios of IT service vendors."At the level of the individual hospital organization or department, relationships with IT service vendors are shifting significantly in alignment with broader trends," says Sven Lohse, research manager at IDC Health Insights. "Providers and vendors are restructuring their relationships in alignment with the adoption of value-based care and analytics and by importing best practices about managing IT services contracts from other industries."

Please Note: Extended description available upon request.

IDC Health Insights Opinion
In This Study
Situation Overview
Consulting and Systems Integration Segments
IT Outsourcing Segment
Three Drivers Restructuring Providers' Relationships with IT Services Vendors
Cost Control Leads to Rationalization of Portfolios of IT Service Vendors
Outcomes-Based Contracts Between Payers and Providers Extend to IT Service Vendors
Analytics in Support of Hospital Operations and IT Service Contracts
The Characteristics of Winning IT Service Vendors
The Approach
Market Segment Definitions
Future Outlook
Essential Guidance
Actions to Consider
Build Out the Vendor Sourcing Management Office
IT Services Budgets Should Be Restructured Around Business Model Change
Anticipate Consolidation of IT Service Vendors Based on Shared Risk
Devote Resources to Analytics
Learn More
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