ILM IS CRITICAL TO DIGITAL TRANSFORMATION SUCCESS IN HEALTHCARE

Nearly 60% of healthcare organizations say a foundational information lifecycle management strategy needs to be in place to execute a successful digital transformation, according to a Frost & Sullivan report.
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Current view

Where are providers in their digital transformation?

45%

of respondents said they are early adopters.

47%

of respondents said they are the early majority.

6%

of respondents said they are the late majority.

2%

of respondents said they are laggards.

Future projections

In the next two years healthcare providers are more likely to deploy the following technology tools:

23%

5G

17%

Vrtual reality/Augmented reality

12%

Robotic

What is slowing down digital transformation progress for Healthcare?

Top challenges:

78% said protecting data and personal patient information from cyber attacks is a top challenge

69% said securing protected health information (PHI) is a top challenge

65% said systems integration is a top challenge

“By embracing ILM, providers can better address existing administrative and data management hurdles, ensure compliance and eliminate the architectural chaos preventing them from extracting the valuable PHI needed to improve patient outcomes and demonstrate ROI.”

How providers are benchmarking effectiveness of ILM investments:

Improved

79%

of respondents said  patient care results and quality of care

76%

of respondents said patient retention rates

75%

of respondents said patient satisfaction rates/experience

Ongoing Improvements

57%

of respondents said patient experience

48%

of respondents said privacy and security

47%

of respondents said cybersecurity and resiliency