Prescribing the cloud: Building a comprehensive business case for hospital cloud migration
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.