Quadruple aim: More than half of hospitals plan IT spending increases to get there

Cloud-based technologies are the priority, says one Frost & Sullivan analyst, as health systems work to marshal data and deploy AI for quality improvement, cost reduction and improved patient and clinician experience.

A new report from Frost & Sullivan finds more than than 50% of hospital respondents planning to boost their information technology investments as they manage their way through the pandemic and look toward a future with renewed focus on the imperatives of the quadruple aim.

WHY IT MATTERS
With an eye toward improving health outcomes, streamlining costs and improving the healthcare experience for both patients and clinicians, most of the 349 provider-side IT decision-makers (from hospitals, ambulatory practices and residential care facilities) say they're making deeper investments in their digital health deployments.

The Frost & Sullivan report highlights some interesting specific areas of focus – top among them technologies for virtual visits and remote patient monitoring, as priorities shift to keeping patients out of the hospital.

Predictive analytics is another area of innovation of investment, the poll shows, as health systems' data management capabilities mature.