Literature Review
All posts tagged with “Technology / Innovations News | IT / EMR.”
Novant Health makes third round of layoffs in 2023 as it outsources IT services to Indian firm
12/13/23 at 03:26 AMNovant Health makes third round of layoffs in 2023 as it outsources IT services to Indian firmTriad Business Journal (Greensboro/Winston-Salem, NC)December 11, 2023Amid C-suite changes and large acquisition deals, Novant Health is making its third round of layoffs in 2023. The Winston-Salem health system is outsourcing some of its IT operations to Wipro, a technology company based in India. Novant declined to say how many employees would be affected but said it would “fluctuate based on individual interests... [with] some having the opportunity to consider newly assigned roles and responsibilities with the redesign of this new model.” ... In 2023, Novant has cut more than 200 jobs—the largest workforce reduction for the health system in nearly a decade.
Why health systems are dropping their IT teams
12/09/23 at 03:02 AMWhy health systems are dropping their IT teamsModern HealthcareDecember 7, 2023The digital transformation is underway at health systems but it increasingly doesn’t involve in-house IT departments. Health systems are transitioning their analytics and tech employees to managed service companies as they look to scale virtual care, artificial intelligence and analytics initiatives. By moving the work out-of-house and the employees with it, a process called rebadging, health systems struggling with razor-thin margins say they can deploy IT projects more efficiently while saving on costs. ... In November, consulting firm Guidehouse surveyed health system CEOs and chief financial officers about their top three IT investment priorities in 2024. A third of respondents said they have expanded relationships with IT outsourcing partners ... But there are downsides to the strategy. The transition of employees can be bumpy. Also, by offloading IT employees, the quality of work can be worse when the outside company doesn’t understand the system as well.