Technology leads hospital expenditures

Hospitals are continuing to make big investments in technology as they recognize the need to effectively manage population health, according to C-suite execs polled for Premier's Fall 2015 Economic Outlook survey. More than 64 percent of respondents reported an increase to capital budgets this year, reflecting the need for investments in advanced technology to meet value-based care goals. In fact, 39 percent of these respondents increased their budgets by at least 10 percent. The biggest investment for hospital expenditures is on health information technology, according to 72.2 percent of respondents to the survey.