Ten percent of providers and payers are currently working on digital transformation projects, but this number is expected to increase throughout 2017, according to an IDC report.
For the report, titled Payer and Provider Investment Plans for Digital Transformation, IDC Health Insights surveyed providers and payers to better understand their investment plans related to clinical communication, connected health, Internet of Things and value-based care.
Here are four things to know.
1. The majority of current digital transformation projects are still in their pilot or research phases.
2. When asked to discuss their new initiatives, 42 percent of providers and 58 percent of payers said they will deploy digital transformation projects by next year.
3. Overall, digital transformation projects are 30 percent of new initiatives for both providers and payers.
4. When asked to consider how they will deploy their digital transformation strategy, many payers reported they plan to use consulting firms; one-third more payers said this than providers.
Click here to view the full report.