Posted by: Atlas MD

December 20, 2023

Health Systems Are Substantially Increasing IT Budgets in 2024: Here’s Why DPC Isn’t

In March, the US administration released its National Cybersecurity Strategy to expand health IT spending and defend critical health infrastructure from cyberattacks. 

The reason? 

Because countless hospitals, both large and small, and other healthcare facilities, were the victims of increasingly large-scale data breaches. 

According to the 2023 Mid-Year Horizon Report, there were 327 data breaches reported to the US Department of Health and Human Services Office for Civil Rights in the first half of 2023 alone.

This trend shows no sign of slowing as we move into 2024; there’s been a substantial surge in digital health and information technology investments, with more than 85% of health systems increasing their budgets in response to cyber threats.

One study based on a survey of 144 provider executives by the Healthcare Financial Management Association, found an average increase of 18.3% in digital and IT budgets from 2019 to 2023.

This heightened focus on cybersecurity and technology demonstrates the pivotal role that technology plays when providing effective healthcare, but it’s not ubiquitous among all healthcare players.

There’s a noteworthy exception in the industry:

DPC Clinics: A Different Approach

Unlike traditional healthcare providers who need to constantly invest more in cybersecurity to keep their data safe, most DPC clinics don’t have this concern.

Doctors launching DPC clinics enjoy a distinct advantage – a model where security, digital EMRs, and other digitalization aspects are not just addressed but continually maintained and upgraded. 

This contrasts sharply with the scenario painted by the figures quoted above, where the majority of healthcare providers are grappling with budget constraints and cybersecurity threats.

The membership fees paid by doctors to DPC platforms contribute not only to the security of their systems but also to ensuring that their EMRs are as modern as possible.

By entrusting the responsibility of maintaining cybersecurity and digitizing EMRs to a specialized platform, DPC clinics can direct their focus and resources toward the thing that matters most –  providing quality patient care.

This model not only ensures a secure and digitized foundation from the beginning but also provides ongoing value through continuous maintenance and improvement. 

In a rapidly changing healthcare landscape, DPC clinics leveraging innovative solutions blaze a path forward – one where security and digitization are not burdens but integral components of a seamless healthcare experience.