Technology Vendor Selection
A STRATEGIC SOLUTION FROM INNOVATIVE
Objective Support for Better Vendor Selection
The technology you purchase today will impact many people in your organization for years to come. How can you make the best decisions you can for your teams and your organization’s bottom line? Get objective, outside support from our experts.
New to Technology Vendor Selection Support?
Here are the high points of this strategic solution.
What it is
Our Technology Vendor Selection support is an objective, strategic process that helps organizations evaluate, prioritize, and select technology vendors, ensuring that every investment of dollars, resources, and time aligns with and supports your organization’s clinical, operational, and financial objectives.
Why you need it
In the healthcare IT sector, there are a lot of vendors out there. Choosing the wrong one can cost you big in terms of money, time and resources. Seeking out objective, informed vendor selection support can help you avoid these pitfalls, ensuring that your investments align with your strategic goals—and make your organization shine.
How it works
Our Technology Vendor Selection support begins with a review of your IT environment; it ends with us supporting contract development with the right vendor for you.
Why Innovative
Innovative’s approach is transparent, and our deliverables are useful. We bring our diverse operations experiences, clinical pedigree, and healthcare-specific vendor awareness to bear on your purchasing decisions.
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A: The average IT expense for U.S. hospitals is estimated at $8.4 million.
The Latest from Innovative
Cleaning Up IT Issues Can Add Much-Needed Cash to Hospital Coffers
Median days cash on hand dipped to a 10-year low for U.S. hospitals and health systems. To shore up their balance sheets, hospitals are looking for cash savings from their IT areas, among others, using a process called application rationalization.
Tech Sprawl Is Bloating Hospital IT – Costs and Inefficiency Are Up
High IT costs are on the radar for hospital CIOs and CEOs. About half of CIOs believe that there are more applications in their portfolio than the business requires. For some hospitals, these financial pressures are putting care at risk. Changes in the IT area could significantly cut costs and, at the same time, improve care delivery.
Hospitals Are Outsourcing IT to Save Money, Modernize Systems
Hospitals are continuing to feel the financial pinch. To stay afloat, one cost-cutting measure is to outsource parts of IT. In fact, the IT outsourcing trend is growing, because the benefits go beyond cost savings.