Becker's Hospital Review

52 INNOVATION 10 companies CIOs find most valuable for digital transformation By Laura Dyrda T he JPMorgan CIO Survey gathered responses from 130 CIOs about which technology companies will be most valuable during digital transformation. While COVID-19 has hurt the bot- tom line of many organizations, 36.2 percent of CIOs said that they will increase their incremental spending in digital transformation through the end of the year and beyond. Another 22.3 percent of the CIOs said they are maintaining spending in digital transformation, and 79 per- cent of CIOs said that the pandemic is accelerating digital transformation and the move to the public cloud. The survey found the most valuable companies are: 1. Microsoft: 71.5 percent 2. Amazon: 25.4 percent 3. Salesforce: 18.5 percent 4. Dell (VMware): 18.5 percent 5. Cisco: 13.8 percent 6. Google: 13.1 percent 7. SAP: 11.5 percent 8. Oracle: 10 percent 9. IBM: 9.2 percent 10. ServiceNow: 6.2 percent n Only 12% of CFOs expect to cut, defer digital transformation spending: survey By Jackie Drees W hile most hospital and health system CFOs expect to expe- rience significant revenue de- cline this fiscal year due to the COVID-19 pandemic, only 12 percent anticipate needing to cut or defer spending on digital transformation, according to a June Black Book report. For its report, Black Book Research sur- veyed nearly 1,800 hospital and health provider CFOs, finance and revenue cycle management vice presidents, business office managers, analyst staff, consultants and directors about digital transformation efforts. Five survey insights: 1. In the months since the pandemic began, 84 percent of hospitals and 79 percent of large physician practices said they have performed audits on the cur- rent states of their digital transformation. 2. Ninety-three percent of provider re- spondents said that missing IT capa- bilities and redundant or conflicting systems were identified in the second quarter of 2020 as immediate drivers of financial systems rationalization and ac- quisitions. 3. Eighty-one percent of CFOs and se- nior leaders said there is an immediate need for digital transformation for long- term survival of their healthcare organi- zations. 4. Providers are urgently seeking digital transformation opportunities for reve- nue cycle software solutions and analyt- ics and forecasting tools. 5. To manage pandemic effects, the decline of procedures and the shift to value-based care, 87 percent of provid- ers said they are using virtual health, 73 percent are focusing on creating high- ly patient positive experiences, and 54 percent are implementing layoffs and process changes. n Mixed-reality headsets reduce physician contact with COVID-19 patients by 80% at London hospitals By Jackie Drees M ultiple London-based hospitals are teaming up with Microso to provide select physicians with mixed-reality headsets to limit direct contact with COVID-19 patients, according to Business Insider. e HoloLens headsets feature sensors and a camera around the headband, allowing physicians to share their point of view with clinicians remotely. Inside the visor of the headset is a small screen that projects holographic images for the user to see. Hospitals using Microso's technology include University College London Hospitals, University Hospitals of Morecambe Bay and the Leeds Teaching Hospital. "Instead of you seeing my face, you would see my first-person view, and you would pop up as a holographic image and I would see you projected into the clinical space," Dr. James Kinross, PhD, a consultant colorectal surgeon at Imperial College, told the publication. "So I could have a heads-up conversation with you whilst I'm performing a surgical task." e headsets reduce the number of physicians physically conducting rounds by about six or seven individuals, so just one physician enters the ward while the rest of the physicians watch and interact with the rounding physician from a COVID-19-isolated room. Dr. Kinross said that aer running a four-week test, he and his colleagues discovered the HoloLens reduced the number of physicians coming into contact with COVID-19 by about 80 percent. Personal protective equipment usage also dropped, with physi- cians saving about 700 articles of PPE clothing per week per ward, Dr. Kinross added. n

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