Compared to industries such as retail and financial services, the medical industry has traditionally lagged behind when it comes to investing in new technology. However, since the COVID-19 pandemic, healthcare organizations have increased their investments in technology, digital solutions, artificial intelligence, and automation. The investments help to address labor shortages and improve margins. In fact, according to a new report by Bain & Co and KLAS Research, approximately 45 percent of health-care providers accelerated software investments over the past year with more expected to boost tech spend in the wake of immense cost pressures.
Tech spend ...