The nations financial woes just keep coming. I would like to be a “glass half full” person, but I am not sure we are at the end. Health care has long been considered recession proof, but with state budgets being pummeled and health care being the #1 expense in many states we are going to feel it.
The American Hospital Association has released a solid document discussing the impact of the recession on health care. Here: http://www.aha.org/aha/trendwatch/2009/twjan2009econimpact.ppt
Additionally from the AHA, this very direct PDF shows additional impacts from a different perspective.
IT is sure to take some serious impacts throughout these organizations. We have very high cost factors and rarely produce revenue. Added to the problems we typically have competing with other strategic initiatives this is going to be a very interesting year.
For some cost saving tips for this year, take a look at these: Top 10 priorities
