IDC Reveals Health Insights Predictions for 2015

With healthcare costs rising, operational inefficiency will become critical at 25% of hospitals, resulting in the development of a data-driven digital hospital strategy requiring budget in 2016

FRAMINGHAM, Mass.--()--IDC Health Insights today presented its 2015 healthcare predictions, based on a new IDC FutureScape report, in an on-demand Web conference, IDC FutureScape: Worldwide Healthcare 2015 Predictions. The Web conference featured health industry analysts Scott Lundstrom, Lynne Dunbrack, Cynthia Burghard, Judy Hanover, Deanne Kasim, Sven Lohse, Max Clapps, Silvia Piai, Nino Gigusahvili, Alan Louie, Eric Newmark, and Sash Mukerjee, and provided organizations with insight and perspective on long-term industry trends along with new themes that may be on the horizon. The Predictions Web conference series and accompanying IDC FutureScape reports are designed to help company leaders capitalize on emerging market opportunities and plan for future growth. An audio replay of today's Web conference is available now. To access the replay, please visit: http://bit.ly/1yq39J5.

The predictions from the IDC FutureScape for Health Insights are:

1. With healthcare costs rising, operational inefficiency will become critical at 25% of hospitals, resulting in the development of a data-driven digital hospital strategy requiring budget in 2016.

2. By 2015, 50% of healthcare organizations will have experienced 1 – 5 cyber attacks in the previous 12 months with one out of three attacks deemed successful, requiring healthcare organizations to invest in a multi-prong security strategy to avoid disruptions to normal operations and incurring fines and notification costs.

3. Driven by the increased pressure to improve quality and manage costs, 15% of hospitals will create a comprehensive patient profile by 2016 that will allow them to deliver personalized treatment plans.

4. By 2020, 80% of healthcare data will pass through the cloud at some point in its lifetime, as providers seek to leverage cloud-based technologies and infrastructure for data collection, aggregation, analytics, and decision-making.

5. As a result of an increased focus on improving the consumer experience, 65% of consumer transactions with healthcare organizations will be mobile by 2018, thus requiring healthcare organizations to develop omni-channel strategies to provide a consistent experience across the Web, mobile, and telephonic channels.

6. To control spiraling healthcare costs related to managing patients with chronic conditions, 70% of healthcare organizations worldwide will invest in consumer-facing mobile applications, wearables, remote health monitoring, and virtual care by 2018, which will create more demand for big data and analytics capability to support population health management initiatives.

7. Building on continuing technology innovation and the increasing use of knowledge-based workflows and actionable analytics, more than 50% of big data issues will be reduced to routine operational IT by 2018, reducing the need for specialized IT resources to support big data.

8. With increased dependence on external partners for outsourced services, more than 50% of health and life science buyers will demand substantial risk sharing by 2018 to ensure that service providers recognize their growing role in the process and deliver added revenues to high performers at the expense of satisfactory or lesser performers.

9. As a result of increased pressures to deliver better outcomes of care more efficiently, payers will implement newer reimbursement models for 35% of their payments to providers in North America and the European Union within the next 36 months resulting in related investments in quality measurement, payment, and billing systems.

10. By 2020, 42% of all healthcare data created in the Digital Universe will be unprotected but needs to be protected, as use of data and analytics continues to proliferate and more stakeholders are involved in delivery of care.

"These decision imperatives provide a road map for healthcare organizations to think about IT investments that will need to be made and the impact they will have on an organization, all of which can be used to support the planning and budgeting process," said Scott Lundstrom, Group Vice President and General Manager of IDC Health Insights. "Common themes emerging from the FutureScape include the focus on consumer experience and engagement, the use of mobile and internet enabled devices, and of course, the 3rd Platform technologies."

The IDC FutureScape report that this Web conference is based on will be published and available within the next 24 hours. To learn more about IDC Predictions and IDC FutureScapes, please visit: www.idc.com/Predictions2015.

For additional information about these predictions or to arrange a one-on-one briefing, please contact Sarah Murray at 781-378-2674 or sarah@attunecommunications.com. Reports are available to qualified members of the media. For information on purchasing reports, contact insights@idc.com; reporters should email sarah@attunecommunications.com.

About IDC Predictions

A hallmark of IDC’s offering for three decades, the annual Top 10 Predictions reports provide our outlook on the IT market, across industries, in the coming year. During the next 90 days, IDC will publish Top 10 Predictions documents for 2015. Please visit www.idc.com/Predictions2015 for a complete listing.

About IDC FutureScape

IDC FutureScape reports are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical three-year business planning cycle.

About IDC Health Insights

IDC Health Insights assists health businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the payer, provider and life sciences industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world's leading technology, media, research, and events company. For more information, please visit www.idc-hi.com, email info@idc-hi.com, or call 508-935-4445. Visit the IDC Health Insights Community at http://idc-community.com/health.

Contacts

IDC
Anna Di Pietro, 508-935-4237
Marketing Specialist
adipietro@idc.com
or
Attune Communications
Sarah Murray, 781-378-2674
Partner
sarah@attunecommunications.com

Release Summary

IDC Health Insights today presented its 2015 healthcare predictions, based on a new IDC FutureScape report, in an on-demand Web conference.

Contacts

IDC
Anna Di Pietro, 508-935-4237
Marketing Specialist
adipietro@idc.com
or
Attune Communications
Sarah Murray, 781-378-2674
Partner
sarah@attunecommunications.com