Health Imaging & IT - October 2008 - (Page 11)

T Survey at a Glance In all, 661 respondents participated in the Top Trends in Health Imaging & IT survey between July 17 and August 25, 2008. Participation also was solicited by the American Healthcare Radiology Administrators (AHRA) of its members. All data were submitted online and analyzed by Health Imaging & IT. Respondents most often came from the U.S. (91 percent), while 9 percent are based elsewhere. here is good news when it comes to healthcare facility revenue. Despite the uncertainty and flux of the U.S. economy, most healthcare facilities tell us their revenues are up from last year (46 percent) or flat (31 percent). Only 23 percent are reporting a dip in revenues. Typical revenue growth is ranging from 5 to 10 percent (44 percent), to less than 5 percent (29 percent). About 15 percent are seeing growth in the range of 10 to 15 percent. So why are revenues increasing? Facilities are buying new technology to attract new business, doing more marketing and adding new service lines. For facilities seeing a revenue decline, the dips are small, for the most part. Decreases are most often in the 5 to 10 percent range (43 percent), followed by a decrease of less than 5 percent (21 percent), decrease of 10 to 15 percent (16 percent) and 15 to 20 percent (11 percent). To offset the declines, facilities tell us they are delaying technology purchases (13 percent), holding off filling vacant positions (12 percent), reducing staff (11 percent), trying to work more efficiently by investing in technology designed to increase productivity and efficiency (9 percent) and freezing investment and expansion (7 percent). The fiercest competition is coming from freestanding imaging centers (46 percent), local general hospitals (35 percent), physician group practices (30 percent) and specialty hospitals (11 percent). respondent & Facility snapshot respondents Clinical department heads, directors & clinicians 34% clinical department heads, chief technologists, Pacs administrators & physicists 30% c-suite hospital & facility executives 16% it professionals 10% other 6% c-suite technology executives 4% type of Facility Multi-hospital system/ Healthcare system/IDN 45% stand-alone hospital 25% other healthcare facility 14% imaging center 10% Physician group practice 6% BudGet watch: it inFrastructure top 10 IT infrastructure purchases for 2008 1 Data storage 2 disaster recovery 3 Workﬂow analysis tools 4 Wireless technologies 5 data network 6 security technologies 7 data center 8 internet/intranet 9 rfid technology 10 smart card technology type of hospital Community hospital 68% academic medical center 16% other 8% government/military 4% role in IT decision-making cardiac, children’s, women’s 4% Recommend purchases 63% specify supplier/ vendor 19% final decision 18% decision-making authority Multiple departments 29% single department 22% Multiple facilities 20% Entire organization 19% single facility 10% changes in IT Budget Increase 60% no change 31% decrease 9% Healthimaging.com october 2008 | Health Imaging & IT 11 http://www.Healthimaging.com

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Health Imaging & IT - October 2008 Contents The Enterprise News Update Top Trends in Health Imaging & IT - Topping the Competition Advances in Cardiac CT & MRI CVIS Spurs Innovation Technology Outlook People & Technology In Practice Reader's Resource

Health Imaging & IT - October 2008

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