Blog

Overcoming Tech Debt in Healthcare

Blog

Overcoming Tech Debt in Healthcare

Blog

Overcoming Tech Debt in Healthcare

Blog

Overcoming Tech Debt in Healthcare

Blog

Overcoming Tech Debt in Healthcare

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Blog

Overcoming Tech Debt in Healthcare

Annie Sullivan
/
September 13, 2022
Blog

Overcoming Tech Debt in Healthcare

MIN
/
September 13, 2022
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Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

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Overcoming Tech Debt in Healthcare

Blog

Overcoming Tech Debt in Healthcare

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Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

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Overcoming Tech Debt in Healthcare

Many healthcare organizations implemented flawed technology to go digital, but now they must overcome that tech debt to move forward.
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Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

Collecting payments with online forms is easy, but first, you have to choose the right payment gateway. Browse the providers in our gateway credit card processing comparison chart to find the best option for your business. Then sign up for Formstack Forms, customize your payment forms, and start collecting profits in minutes.

Online Payment Gateway Comparison Chart

NOTE: These amounts reflect the monthly subscription for the payment provider. Formstack does not charge a fee to integrate with any of our payment partners.

FEATURES
Authorize.Net
Bambora
Chargify
First Data
PayPal
PayPal Pro
PayPal Payflow
Stripe
WePay
ProPay
Monthly Fees
$25
$25
$149+
Contact First Data
$0
$25
$0-$25
$0
$0
$4
Transaction Fees
$2.9% + 30¢
$2.9% + 30¢
N/A
Contact First Data
$2.9% + 30¢
$2.9% + 30¢
10¢
$2.9% + 30¢
$2.9% + 30¢
$2.6% + 30¢
Countries
5
8
Based on payment gateway
50+
203
3
4
25
USA
USA
Currencies
11
2
23
140
25
23
25
135+
1
1
Card Types
6
13
Based on payment gateway
5
9
9
5
6
4
4
Limits
None
None
Based on payment gateway
None
$10,000
None
None
None
None
$500 per transaction
Form Payments
Recurring Billing
Mobile Payments
PSD2 Compliant

Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

Due to COVID-19, a changing economy, and business pressures, healthcare organizations have quickly had to adapt to numerous changes over the past several years. And one of the hardest hit areas was the technology they quickly had to implement in order to go—and stay—digital. Many organizations were forced to piece together digital transformation plans, resulting in hastily implemented technology fixes. 

Only, these fixes often weren’t the magic system they were promised, forcing healthcare organizations to add even more solutions to their already full tech stacks to try and reach the ideal of digital maturity

However, the more software and services healthcare organizations implemented to fix ones that didn’t deliver, the farther they went into debt—technical debt. 

What is Tech Debt?

Technical debt is the result of quickly implementing flawed technology in an attempt to fix an immediate problem or need. It’s a bandaid on a gushing wound. It might help for a little bit, but it’s not a steady, reliable solution that will help healthcare organizations truly improve customer experience and patient outcomes. 

And it’s a widespread issue in the healthcare industry as a whole. In fact, according to research firm McKinsey, 60% of CIOs reported increased spending on technical debt in 2020 alone. For many, that only grew as the pandemic spread. 

Worse, as companies move to address the issue, they find themselves unable to launch new innovations because money has to be earmarked to pay for those past purchases. This means organizations have to go further into debt to get systems that work. At least, that used to be the case. But there are ways to overcome tech debt in healthcare. 

Examine Your Tech Stack

According to the Catholic Health Association of the United States, “the challenge is that the technology infrastructure in health care is still 15 to 20 years behind other sectors. To catch up with the times, health care needs to overcome its deep ‘technical debt’ by significantly upgrading the antiquated and fragmented information systems we're using today.”

Therefore, the easiest way to get ahead of tech debt is to take stock of what systems you’re using now. Here are some things to consider when auditing your systems:

  • Which ones aren’t actually serving your needs? 
  • Which ones are contributing to siloed data? 
  • Which ones aren’t communicating with each other?

Many organizations are too anxious to preform a complete tech stack audit because they’re afraid of what they’ll discover. But that only results in continued holdups and more pain points for patients and employees—not to mention more flawed technology added in to try and fix the problem instead of finding a solution to the overall cause. 

Instead, survey employees to see which systems and processes are slowing them down. Doing a full technology audit is the only way to ensure you get an overarching view of where systems are overlapping, lacking, and causing holdups. It also allows you to combine and consolidate technology by using an all-in-one workflow solution. This can save you money in the long run by replacing multiple point solutions with a single platform. And the sooner you stop paying for solutions that don’t work, the sooner you can start putting that money toward ones that do.  

Read Next: Digitizing Healthcare in 2022

Implement All-In-One Solutions

After you discover where your pain points are and which systems are holding you back, search for single solutions to solve your tech stack problems. By consolidating, you’ll save money and headaches for you, your employees, and your patients by having fewer systems to master, less siloed data, and faster communications. 

Not to mention that these platforms may often offer even more capabilities than you were getting before. For example, with workflow automation, you can prefill forms and documents with data from existing systems, like Salesforce. That way, you can make Salesforce or another system your single source of truth. 

And many of these solutions are low or no-code, which means that anyone in your organization can create the forms and documents you need to keep business running smoothly. 

Learn More: Low-Code Versus No-Code: What’s the Difference?

Get Out of the Red for Good

Overall, finding a solution that can help replace some of your “band-aided together” processes first requires you to painfully rip off that bandaid. Only then can you set about addressing the underlying issues. But once you do, you’ll have the freedom to find the tools that work for your tech stack and don’t cost you a fortune. 

To discover why eight of the 10 largest nonprofit hospital systems use Formstack’s healthcare automation tools, see how Formstack’s automated workflow solutions combine into one, easy-to-use platform. 

Annie Sullivan
Annie Sullivan is the Growth Marketing Copywriter at Formstack. She lives in Indianapolis and loves writing, reading, and traveling.
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Lindsay is a writer with a background in journalism and loves getting to flex her interview skills as host of Practically Genius. She manages Formstack's blog and long-form reports, like the 2022 State of Digital Maturity: Advancing Workflow Automation.