Budgeting Your IT Investments: Cloud vs. Onsite (MGMA MediNews)

WE ALL AGREE THAT it is essential to the operations of modern medical practices,
but I find that often these investments in technology are reactionary.
Ten to 15 years ago a major push for moving to Electronic Medical Records
(EMR) inspired a number of practices to make significant investments in
IT infrastructure that most of them had never considered before. It was a
brave new world for most practices, and decision making was often done in
a spur of the moment fashion. Even more disconcerting was the fact that
many of the investments from these early adopting practices ended up being
overhauled for a variety of reasons, many of which had to do with not
“right sizing” the solution in the first place. Needless to say, this was not a
pleasant experience to be a part of, either internally or as a service provider
like I have been. The costs were out of control, unpredictable, and stressful
to deal with.

What I’d like to talk about in this article are some factors to consider when
budgeting for IT, both for locally hosted solutions and cloud solutions (or
solutions in between, which is often the case), and how your decision making
process can help make these budgets realistic and as predictable as possible.

Get the full article in Maryland MGMA's June 2017 MediNews publication