Healthcare providers increasingly face the pressing challenge of how to modernize their IT infrastructure to meet the demands of a dynamic industry while building a clear, compelling business case to justify the investment. While many organizations have embraced cloud computing, providers are still lagging in adoption compared to other industry players. A successful cloud migration isn’t just about cutting costs; it’s about unlocking strategic value that can transform patient care and operations.
This eBook from Amazon Web Services (AWS), Prescribing the Cloud: Building a comprehensive business case for hospital cloud migration, moves beyond the hype to provide healthcare finance and IT leaders with a clear, holistic framework for evaluating and communicating the full value of cloud migration. It shows you how to build a business case that goes beyond direct cost savings to include tangible and non-quantifiable benefits.
Key takeaways on building your business case for cloud migration
- Holistic value drivers: Learn to assess the four main value dimensions of cloud migration—staff productivity, operational resilience, business agility, and sustainability—and how they impact your organization.
- Boost staff productivity: Discover how migrating clinical workloads to the cloud can lead to a 27% reduction in time to access or exchange information and a 28% reduction in time spent on data entry for clinicians and nurses.
- Enhance operational resilience: Understand how cloud migration can reduce EHR system unplanned downtime by 34% and security incidents by 29%. This is critical in an era of unprecedented cybersecurity threats, where the average cost of downtime for healthcare providers is $8,900 per minute.
- Increase business agility: See how the cloud can drive a 42% increase in telehealth adoption and overall patient satisfaction, while also increasing patient portal use by 30%.
- Navigate financials: Get a clear perspective on the financial statement impact of moving from capital expenditures (CapEx) to a pay-as-you-go operational expenditure (OpEx) model, and how this can be advantageous by freeing up cash.
- EHR migration in practice: Review a detailed, illustrative example of a five-year EHR on-premises to AWS Cloud migration, which highlights a projected savings of $5.7M and a net present value (NPV) of $5.2M.
Building a compelling case for cloud migration requires a comprehensive analysis that considers both financial and non-financial benefits. This eBook provides the guidance you need to make the optimal financial decision and drive long-term value for your hospital or health system.
Download the eBook today to learn how to build a comprehensive business case and propel your organization’s digital transformation.
View Whitepaper