Over the last several years, the Healthcare IT industry has seen a period of extremely exciting growth, with hospitals and health systems implementing EMR systems across the nation and striving to achieve Meaningful Use. We saw a huge boom in contract employment and even bigger demand for IT professionals who can build and implement these systems and processes in a way that is cohesive with the health system’s environment.
However, the new has been wearing off, as we saw a 27% dip in health organizations who were looking to increase headcount in 2014, alongside a 90% spike in those who plan on decreasing the amount of staff they have on hand.
These hiring trends have already caused more discomfort among Health IT employees, compared to their job security in 2013. Those who felt secure in their roles fell by 2% in 2014, but those who felt insecure rose by 23%, indicating that Health IT professionals are well aware of the impending changes.
Now that the ICD-10 deadline has been pushed back (again), we may see that some health systems suspend their current progress on ICD-10 and go back to focusing on Meaningful Use and their EMR implementations and upgrades, which can positively affect consultants in this market.
For more Health IT industry trends, check out our Healthcare IT Market Report