What is the SI Health IT Benchmarking Program?
Providing a high-level, IT cost-comparison of your organization with others, SI’s Health IT Benchmarking Program creates one-on-one comparisons, not industry-wide averages. As such, these data provide critical reference points for IT investment and strategic planning decisions among senior executives and boards of trustees.
What makes this program unique?
- Participation is easy, free of charge and doesn’t require SI membership; this is part of how SI gives back to the healthcare community through its not-for-profit mission.
- Data is anonymous unless you choose to identify your organization with selected peers.
- You own your data; SI does not resell it
SI Health IT Benchmarking uses an automated comparison process to account for the wide functional variation that occurs even among similar organizations, as illustrated in the chart above.
A report, suitable for use at both executive- and board levels, provides a high-level graphic snapshot of several normalized IT metrics compared with an appropriate peer group.
What does the automated tool output look like?
- The tool provides both raw and automatically normalized statistics and ratios concerning IT expenses. Sample Output
- The database contains additional information to begin investigating significant variances in the areas of IT maturity, staffing, and functions supported by IT and primary vendors.
The SI Health IT Benchmarking Program was originated by Spectrum Health and contains data and related materials that are proprietary and confidential to the Scottsdale Institute, and may not be used without SI’s written permission.
Who uses SI Health IT Benchmarking?
Participating organizations are among the most advanced users of health IT, including:
- Adventist Health System
- Advocate Health Care
- Ascension Health
- Banner Health
- Baptist Health (KY)
- Emory Healthcare
- Henry Ford Health System
- Houston Methodist
- Intermountain Healthcare
- IU Health
- Memorial Health
- Northwestern Medicine
- Sharp HealthCare
- Spectrum Health
- Texas Health Resources
- Trinity Health
- University Hospitals (OH)
JOURNAL OF HEALTH INFORMATION MANAGEMENT
"A Unique Approach to Business Analytics: The Scottsdale Institute Benchmarking Program" appears in the Journal of Health Information Management (JHIM), a HIMSS peer-reviewed journal. Impact Advisors assisted SI in conducting the study, which found that 100% of participants see significant value in the program.