Guidehouse analyzed a survey conducted by the Healthcare Financial Management Association (HFMA) from August – September 2023 to understand top digital and IT investment priorities at U.S. hospitals and health systems for 2024. The survey included 144 provider executive respondents, the majority of whom were CFOs. Providers cited continued increases in digital and IT spending, primarily to advance cybersecurity and operational efficiency.
At a Glance
75% have increased their digital and IT budgets since 2019
85% expect digital and IT budgets to increase in 2024
68% are increasing budgets to enhance patient and provider satisfaction
55% say cybersecurity is their top investment priority
Get more insights on executives’ top digital and IT investment priorities, projected budget shifts in 2024, and challenges and opportunities by filling out the form to download the report.
