President Obama's federal stimulus package boosts the IT impact on healthcare.n Operating IT budgets rising. Tech job postings multiplying. Billions of dollars lining up for investment. Eager vendors swarming like bees to a hive. No one has quite figured out, for example, exactly what meets the “meaningful use” standard that the stimulus money requires. Sound like any industry you know these days? If you’ve bumped into any healthcare CIOs lately, you already know the answer. Our cover story (“Booster Shot”) delves into the substantial IT impact that President Obama’s federal stimulus package is having on the healthcare industry. Up to $50 billion will be available over the next five years for digitizing medical information and streamlining delivery of patient care. And with only 2 percent to 3 percent of all U.S. hospitals even using electronic medical records (EMRs) today, there’s a lot of uncharted ground to cover. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe “We’re getting cold calls from every electronic medical record vendor out there,” says Paul Contino, VP of IT at Mount Sinai Medical Center. “It’s a feeding frenzy.” Yet as our story points out, healthcare CIOs are doing something a lot smarter than using IT to modernize medical processes. With years of experience working through various e-health initiatives, they’ve wisely used that time to forge stronger C-level partnerships, develop business buy-in and set up the kind of success metrics that an entire company can rally around. “With what we’ve invested in IT, the board expects us to receive every dollar of the stimulus available to us,” one chief medical officer says. He makes sure those same directors are aware of the uncertain road ahead for medical automation. Other CIOs stress how crucial the support of senior medical executives becomes once access to patient data begins to open. In some ways eerily reminiscent of the late ’90s rush to install ERP systems, the race to deploy EMR systems is fraught with dangers that include immature technology, integration hurdles and patient privacy concerns. On top of all that, the federal rewards (and penalties) tied to specific e-health reforms are still in a state of political flux. What the healthcare providers profiled in our story all share—from massive New York medical centers to a 55-bed hospital in Maine—is a profound conviction that the IT/business partnership will be their most critical success metric. Considering the challenges ahead, that’s a very healthy attitude. Related content feature Gen AI success starts with an effective pilot strategy To harness the promise of generative AI, IT leaders must develop processes for identifying use cases, educate employees, and get the tech (safely) into their hands. By Bob Violino Sep 27, 2023 10 mins Generative AI Innovation Emerging Technology feature A fluency in business and tech yields success at NATO Manfred Boudreaux-Dehmer speaks with Lee Rennick, host of CIO Leadership Live, Canada, about innovation in technology, leadership across a vast cultural landscape, and what it means to hold the inaugural CIO role at NATO. By CIO staff Sep 27, 2023 6 mins CIO IT Skills Innovation feature The demand for new skills: How can CIOs optimize their team? By Andrea Benito Sep 27, 2023 3 mins opinion The CIO event of the year: What to expect at CIO100 ASEAN Awards By Shirin Robert Sep 26, 2023 3 mins IDG Events IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe