Gartner Research

Healthcare and Life Science CIOs Drive Ongoing Cost Optimization Across the Enterprise

Published: 03 May 2019

ID: G00385071

Analyst(s): Barry Runyon, Mike Jones, Bryan Cole, Jeff Smith, Mandi Bishop, Chris Ganly

Summary

Healthcare and life science CIOs are charged with directing cost optimization efforts that are often clouded by conflicting priorities and internal politics. Avoid common cost optimization pitfalls by using a proactive and organizationwide approach.

Table Of Contents

Analysis

  • Cost Optimization in the Healthcare and Life Science Context
    • Cost Optimization Increases Health Value
    • Cost Optimization Improves Efficiency and Efficacy, Lowering the Total Cost of Healthcare
  • Cost Optimization Framework and Approach
    • Cost Optimization Is Not Cost Cutting
  • Recommendations
    • Avoid Cost-Cutting Pitfalls With a Proactive Cost Optimization Plan
    • Make Cost Optimization a Continuous, Enterprisewide Discipline
    • Recognize the Reality of Shadow IT, and Engage Stakeholders to Create Value
    • Balance Discussions About Cost Optimization With Equal Emphasis on IT Value

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