“While healthcare executive applaud the benefits that health information exchanges (HIEs) can provide–such as improving the quality of clinical reporting and the coordination of care among physicians–the high costs of participating in an HIE is still an impediment, according to a study from healthcare management consulting firm Beacon Partners.
The study, which relied on interviews with more than 200 healthcare C-suite executives, found that 41% of respondents consider high start-up costs and insufficient capital to support HIEs as their top concerns. Additionally, 38% of respondents said they have annual budgets for HIE development of less than $1 million, while 21% have no budget at all.”
Article
Nicole Lewis, InformationWeek Healthcare, 20 January 2012
