IS Staff Realignment

Academic Medical Center
2023 - 2024
IT Planning, Information Technologies & Services Assessment, Technology Roadmap
Our Role
Project Manager, Healthcare IT Strategist

One of our clients, a three hospital academic healthcare system, was struggling financially and requested for HealthTech Advisors to identify cost take-out opportunities. We proposed an Information Technologies & Services assessment that was customized for the organization and discovered substantial annual recurring costs that could be eliminated.

the challenge

The challenges confronting this academic health system were that their financial position had been declining over the past several years. Although there was a “freeze” on hiring, approximately 40% of the Information Services team were contractors in a staff augmentation role.

the solution

To support cost reduction efforts, HealthTech Advisors was selected to assist with:

  • Review of long-term outsourced services contracts
  • Analysis of the contracted staff roles and responsibilities
  • Identification of areas where information services can be restructured and improved
  • Develop a five year Technology Roadmap inclusive of new applications and expertise required for support

the results

As a result of our assistance, this academic healthcare system has been able to :

  • Guide the executive team to understand the cost impact of multi-year headcount freeze and the Information Services actions to bypass the policy
  • Reduce its contracted staff augmentation costs by 93%
  • Terminate four contracts that had a $6MM annual cost
  • Transition a number of the contracted IS staff to employees
  • Realize cost savings greater than $100MM over a three year period
how can we help you?
Contact us to discuss how we can be of assistance to achieve your goals.

Are you looking to achieve exceptional results for challenging situations? Call us at 1-805-277-1850