What Does Cloud Adoption Look Like in Healthcare? CHIME Survey Reveals Key Trends
21 October 2021 - 11:50PM
InvestorsHub NewsWire
What Does
Cloud Adoption Look Like in Healthcare? CHIME Survey
Reveals Key Trends
While 82% of
healthcare IT executives surveyed by CHIME say their organizations
rely on the cloud in some way, 47% say it's too early to pinpoint
the value from their investment.
PLEASANTON, Calif., October 20, 2021 --
InvestorsHub NewsWire -- Healthcare Triangle Inc., (Nasdaq:
HCTI) ("HCTI" or the "Company") a leading
provider of cloud and data transformation solutions in healthcare
and life sciences, reveals key trends in CHIME
Survey. More than 60% of healthcare IT executives say
their organization is taking a hybrid approach to cloud
operations—part cloud, part on premise—with just under 18% saying
they are not yet ready to make the move to the cloud, according to
a recent CHIME survey.
The College of
Healthcare Information Management Executives (CHIME) is an
organization created to serve the professional development needs of
CIOs working in the healthcare industry and to
promote effective
information management.
An online survey of CHIME members
conducted in July 2021 shows 61 of the healthcare IT execs surveyed
have adopted a hybrid approach to cloud adoption. Nearly 10% say
they are "all in" on the public cloud. About 11% rely on a
private-cloud approach.
But determining the value from healthcare
cloud investments is still a work in progress. While 45% say they
are getting value from their cloud investment, 47% say it's too
early to tell if their investment is providing value. Among these
respondents, one commented that the organization's mostly
software-as-a-service approach to the cloud had resulted in
"overall good results." Another stated, "We are getting what we can
afford from the Epic private cloud."
"With the healthcare cloud computing
market expected
to reach $64.7 billion by 2025, ensuring the value of cloud investments—from
the selection of a cloud provider to managing the cloud platform—is
a key challenge for healthcare organizations," says Ashleigh
Rogers, Vice President, Healthcare for Healthcare
Triangle, a leading
provider of cloud transformation solutions. "Capturing the expected
value from the move to the cloud requires that healthcare IT
leaders manage their cloud platform differently than they would a
data center, combining best practices in software development and
IT operations. They must also staff their transition to the cloud
with the right talent."
The complexity involved in navigating these
challenges is one reason why an increasing number of healthcare
organizations are beginning to take a managed services approach to
overseeing their cloud investment. "A strong cloud foundation is a
critical element of digital transformation, yet many healthcare
organizations struggle with aspects of cloud adoption, from the
cultural shift that the move to the cloud entails to compliance
challenges," says Suresh Venkatachari, CEO of Healthcare Triangle.
"Securing specialized support from a managed cloud services team
empowers healthcare organizations to fully leverage their
investment for optimal value."
Other survey findings of note include the
following:
-
Just under half of healthcare
organizations surveyed (48%) are moving data recovery and backup to
the cloud to protect the security of patients' protected health
information against phishing, hacking, and ransomware
attacks.
-
When asked how soon they plan to
make the move to the cloud if their organization has not already
done so, 43.5% of healthcare IT executives say their organization
will do so within the next two years, while 21% anticipate this
transition will take place within the next three to five
years. However, nearly 36% of
those who haven't invested in the cloud say they don't plan to make
the move at all.
-
When it comes to leveraging the
public cloud, nearly 39% of healthcare IT executives have no
interest in doing so. About 25% of respondents cite lack of IT
resources to support the move to the public cloud as a barrier to
public cloud adoption. Another 23% say lack of financial resources
keep them from making this move.
-
Most organizations believe they
do a good job of securing protected health information
(PHI), but they also believe they
could do better (56.45%). Just 21% would describe the level of
protection they provide as "exceptionally secure." Nearly 23% are
actively looking for another solution for securing PHI.
At the same time, nearly 73% of healthcare IT
executives surveyed say their organization has been the victim of
phishing, hacking, or ransomware attacks.
For more information, visit www.healthcaretriangle.com/.
About Healthcare Triangle,
Inc. (HTI)
Healthcare Triangle, based in Pleasanton,
Calif., reinforces healthcare progress through breakthrough
technology and extensive industry knowledge and expertise. We
support healthcare organizations—including hospitals and health
systems and health plans—as well as pharma and life sciences
organizations, in their efforts to improve health outcomes.
Healthcare Triangle enables the rapid adoption of new technologies,
data enlightenment, business agility, and response to immediate
business needs and competitive threats. The highly regulated
healthcare and life sciences industries rely on Healthcare Triangle
for expertise in digital transformation encompassing the cloud,
security and compliance, data lifecycle management, healthcare
interoperability, and clinical and business performance
optimization. For more information, visit
HealthcareTriangle.com.
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