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November 23, 2010 – More than half of provider organizations recently surveyed expect to increase their information technology investments, and more than a quarter will maintain their investments, if they receive meaningful use incentive payments. Only about 5 percent or less expect to reduce these budgets.

Beacon Partners, a Weymouth, Mass.-based consultancy, conducted the survey of 200 organizations, nearly all of them hospitals and more than half community hospitals.

Other survey results include:

• About 60 percent of respondents have development of health information exchange strategies under development with nearly 25 percent of others pre-planning. About 15 percent have an operational HIE.
• More than three-quarters prefer a single vendor for inpatient applications versus best of breed, with single-vendor also preferred by more than half for ambulatory areas and physician practices.
• Forty percent of respondents have plans to enhance physician and patient Web portals.
• Meeting quality-reporting requirements is the biggest concern of achieving meaningful use for 73 percent of respondents.

More information on the study can be found here.

This story originally appeared on Health Data Management.

Joseph Goedert is news editor at Health Data Management.