Penn Medicine Report Reveals $162.7 Million Impact of IT Investments
HealthSystemCIO.com
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Contributed by: Kate Gamble
Summary
The 2024 Penn Medicine Information Services (IS) Benefits Realization Report details the impact of IT investments on healthcare, featuring 48 completed projects that improved operational efficiency and financial results during fiscal years 2022 and 2023. The report cites $162.7 million in total benefits from initiatives such as the creation of dual data centers and the consolidation of reporting platforms, which yielded significant cost savings. Additionally, it highlights advancements in clinical workflows and patient care through projects like the LiveAware platform, showcasing the importance of integrated data and technology in enhancing healthcare delivery.
