While learning about various health information systems is important for allowing organizations to improve their clinical outcomes and workflow efficiencies, budgeting is a crucial component to the implementation of new technologies. This module will explore how budgeting occurs for health information systems and how strategic financial planning impacts how organization’s reach goals. You will compare operating and capital expenses and analyze the processes and practices for successful planning of both types of budgets. Finally, you will reflect on how to form successful budgeting teams.

In the healthcare industry, emerging technologies can be used to greatly improve clinical outcomes and operational efficiencies. However, with these new technologies come may potential risks and challenges that need to be understood and explored prior to implementation. In this module, we will explore the emerging frontier of healthcare technology with emphasis on wearables and home-based care. As we are learning throughout this course, collecting data from many different sources provides a more holistic approach to healthcare. This module will cover more data types such as patient-sourced data and exposome data and how these can help healthcare organizations provide better patient care.

Healthcare Information Technology is facing a digital transformation as we look toward the future of information systems. Organizations are pivoting away from a pipeline approach to a platform approach when implementing organizational strategy and incorporating new innovations. This module will explore these approaches and highlight this shift towards platform thinking through examples from the Mayo Clinic Platform. Finally, this module will conclude discussing the global transformation that is being seen across healthcare systems worldwide and what these changes mean for healthcare as we know it.