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An Inconvenient Truth – The Urgency of Healthcare Application Portfolio Rationalization
After years devoted to the adoption of best-of-breed strategies, the infusion of technology into clinical workflow, and mergers & acquisitions, health systems are suffering from information technology portfolio bloat. This bloat threatens their very survival, as more resources have to be devoted to maintenance, less to innovation.
As complexity in IT continues, costs rise, responsiveness and speed lag, and new security threats emerge. Meanwhile, downward costs pressures have been intensified by COVID-19, while mergers and acquisitions complicate efforts to retain important data. We have reached the point where rationalizing the application and infrastructure landscape has become critical to driving costs out of IT, optimizing the functions of the workforce, and accelerating innovation.
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