IT Spending Analysis: HCN vs. Global Benchmarks PPT

This PPT slide, part of the 110-slide Health Care - Digital Operating Model PowerPoint presentation, presents a comparative analysis of IT spending across various healthcare organizations, highlighting HCN's current IT budget in relation to its peers and global benchmarks. It begins with a statistical overview, indicating that while HCN's IT spend as a percentage of revenue and operating expenses aligns closely with similar organizations, it falls short of global averages.

The first section details IT spend as a percentage of revenue, showing HCN's 2021 budget at 2.00%, compared to averages of 2.33% and 4.10% for global providers. The second section focuses on IT spend as a percentage of operating expenses, where HCN again trails with a figure of 2.20% against a global average of 4.40%.

The third section evaluates IT spending per full-time equivalent (FTE), with HCN's budget at USD 2,647, significantly lower than the global average of USD 8,700. The slide concludes with suggested IT spending ranges based on revenue, operating expenses, and FTE benchmarks, indicating that HCN's budget should ideally be between USD 36.6 million and USD 39.9 million to align with industry standards.

Overall, the slide effectively communicates that while HCN's spending is comparable to peers, it is insufficient when measured against broader global benchmarks. This insight suggests a need for HCN to reassess its IT investment strategy to enhance operational efficiency and align more closely with industry standards.

This slide is part of the Health Care - Digital Operating Model PowerPoint presentation.

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