This is because that such investment brings about a qualitative shift in their operational environment and capabilities. Such capabilities include incremental growth rates in financial management cash flow, quality, sales revenue and profits and the link between IT and business strategies ensure that it can be served with best interests to their key stakeholders such as medical staff and patients. While larger scale healthcare organizations around the globe have successfully made use of IT to achieve these organizational goals, smaller healthcare organizations have been less successful because they lack adequate resource portfolios to engage in competition at every level of healthcare operations.Despite a series of IT related investment successes by healthcare organizations, there have been some policy related lags too. For instance the operational environment of healthcare organization is constantly influenced by the changing circumstances in the global environment. The current economic downturn has played a very important role in changing the fortunes of many organizations. Falling demand and supply constraints have forced many healthcare organizations to adopt variety of IT policies in their international operations. According to available statistics already there are signs of falling IT related investments in overseas operations of healthcare organizations, though so far no fully-fledged study has been undertaken into a comprehensive assessment of the impact of the economic downturn. Despite all this the current study proves beyond doubt that there is much to be achieved positively by introducing IT into the hospital. The Impact of Information Technology on Healthcare Organizations.
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