IT Budget Analysis and Change Spend Requirements PPT

This PPT slide, part of the 110-slide Health Care - Digital Operating Model PowerPoint presentation, presents a financial analysis regarding HCN's IT budget and change spending requirements. It outlines the actual IT spending for fiscal year 2016 and the proposed budget for fiscal year 2017, highlighting the need for increased investment to achieve a specific mix of change spending.

The first row indicates the actual spend for FY16, which totaled USD 27.1 million, with a change spend of USD 3.3 million, representing 12% of the total. The following row shows the FY17 budget, which is set at USD 36.2 million, with a change spend of USD 4.3 million. This indicates a slight increase in both overall budget and change spend,, but it still falls short of the desired spending mix.

The core of the slide focuses on the suggested range for IT budgets, which spans from USD 43 million to USD 55 million. This range is critical for maintaining a 30% change spend mix, with specific figures outlined for varying levels of change spend (30%, 40%, and 50%). For instance, to maintain a 30% change spend, HCN would need to allocate USD 25.3 million for change, which is significantly higher than the current allocation.

The analysis underscores the financial gap HCN faces in meeting its strategic IT objectives. It emphasizes the necessity for a substantial increase in change spending, estimated between USD 6 million to USD 12 million, to align with the targeted change spend mix. This data-driven approach provides a clear framework for decision-making regarding future IT investments.

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

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