Healthcare IT integral for patient care, cost reduction with EHR representing a prolific example. IT budget includes software, medical devices, imaging equipment, hardware, cybersecurity, personnel salaries. Average hospital IT budget is $7.8 million, 3% of total. NewYork-Presbyterian Weill Cornell Medical Center has highest IT expenses ($246 million), followed by Cleveland Clinic and Tisch Hospital. Average IT budget for top 25 hospitals is $147.8 million.

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Healthcare Operations and Finance

Hospitals with the highest IT expenses