Healthcare spending in cloud-related IT services projected to reach $5.4 billion by 2017


Healthcare IT outsourcingMany industries are outsourcing their IT services to expert third party providers as a means to reduce costs, improve efficiency and free up resources for growth. The healthcare industry in particular is becoming more reliant on third party partnerships for IT activities, as federal and industry mandates are increasing IT requirements in all medical centers.

Recent changes to industry standards are calling on healthcare providers to deliver more with fewer resources, increasing the demand for advanced IT solutions. With the widespread adoption of mobile healthcare, electronic health records and health information exchanges, hospitals and medical practices are adopting cloud-based solutions and applications at a rapid pace. These technologies must be implemented and maintained consistently across all departments to keep operations running smoothly and patient outcomes improving.

As a result, healthcare spending in cloud-related IT services is projected to reach $5.4 billion by 2017, up from $1.8 billion in 2011, a recent report predicted.

“Doctor’s clinics, hospitals and health clinics require quick access to computing and large storage facilities which are not provided in the traditional settings,” the report noted. “Moreover, healthcare data needs to be shared across various settings and geographies, which further burdens the healthcare provider and the patient, causing significant delay in treatment and loss of time."