Top 10 hospitals by IT operating budget in California
California is home to many of the top hospitals in the country, and these facilities need innovative software and information technology (IT) vendors to continue to deliver and improve patient care. While software and hardware certainly come at a cost, the investment is often well worth it for healthcare organizations.
See the top hospitals in CA by IT operating budget below.
CA hospitals with the highest IT operating budget
|Rank||Hospital name||Hospital type||Est. IT operating expense budget||Explore dataset|
|1||Stanford Hospital||Short Term Acute Care Hospital||$184,025,134||Explore|
|2||UCSF Helen Diller Medical Center at Parnassus Heights||Short Term Acute Care Hospital||$141,830,176||Explore|
|3||Cedars-Sinai Medical Center||Short Term Acute Care Hospital||$111,883,454||Explore|
|4||UC San Diego Medical Center||Short Term Acute Care Hospital||$89,414,150||Explore|
|5||University of California Davis Medical Center||Short Term Acute Care Hospital||$86,551,285||Explore|
|6||Santa Clara Valley Medical Center||Short Term Acute Care Hospital||$81,714,509||Explore|
|7||Ronald Reagan UCLA Medical Center||Short Term Acute Care Hospital||$78,090,664||Explore|
|8||Lucile Packard Children’s Hospital Stanford||Children’s Hospital||$63,046,038||Explore|
|9||LAC & USC Medical Center||Short Term Acute Care Hospital||$60,210,049||Explore|
|10||UCI Medical Center||Short Term Acute Care Hospital||$54,769,688||Explore|
Which hospital has the highest IT operating budget in CA?
Stanford Hospital has the highest IT operating budget, with $184,025,134. Next is UCSF Helen Diller Medical Center at Parnassus Heights, with $141,830,176; third is Cedars-Sinai Medical Center, with $111,883,454.
The top 10 CA hospitals have a total IT operating budget of $951,535,146 and an average of $95,153,515.
Interestingly, 50% of the hospitals on this list also appear on our list of the top 10 hospitals by facility square footage in California. Many of the hospitals across both lists are also nationally recognized as the best hospitals in California. This shows the need for these hospitals to invest in facility space and IT practices to continue offering high-quality patient care.
What is an IT operating budget?
An estimated IT operating budget is a proprietary metric that Definitive Healthcare uses to measure the money healthcare organizations allocate for IT operations.
What is healthcare IT?
Healthcare IT programs offer many helpful tools to:
- Protect patient privacy
- Support hospital operations
- Reduce medical errors
- Improve workflows
How much do healthcare companies spend on technology?
U.S. healthcare companies spend around 2.5%-2.8% of their total revenue on systems related to IT.
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