Description
Health information exchange:
1. Health information industry trends
2. Technology trends that the organization should consider
3. Service offering opportunity for the organization

Explanation & Answer

Attached.
Running Head: HEALTH INFORMATION EXCHANGE
Health information exchange
Name
Institution Affiliation
1
HEALTH INFORMATION EXCHANGE
2
Introduction
Although the primary goal of a health information exchange organization is the provision of
health records for use by medical institutions, it is vital that they emphasize the development of
business. HIE organizations are like any other business and need a plan to guide key stakeholders
on what to do to release the organizational goals. Traditionally, HIE organizations have had a
problem in developing a business plan to guide the direction of the organizations, which have
often led to the collapse of most.
Apart from this, HIE organizations need to be proactive in identifying opportunities in the
market and adopting a result-oriented work culture to ensure long-term sustainability. These are
some of the strategic planning efforts that will be discussed in this paper to assist the
organization focus on achieving long-term financial stability.
Health Information Industry Trends
One of the most significant factor to consider when it comes to the long-term financial
sustainability for an HIO is the changes in technology. The fast developments and changes in the
technology used is a factor that is expected to affect the health information industry. The rapid
growth of technology is expected to pose a significant risk to the suitability of most
organizations in the industry. The most affected in this case would include organizations that
employ transient technology. At this point, it is curia to note that the organization could take
advantage of the expectation of this risk and adopt long-term technology that would ensure its
services remain relevant with changes in technology in future. As such, the organization's
strategic planning should include a ...
