Hottest Job Markets for HIT Professionals

POSITIONING FOR SUCCESS THE HOTTEST JOB MARKETS FOR HIT PROFESSIONALS "Health information technology is the area of IT involving the design, development, creation, use and maintenance of information systems for the healthcare industry" HEALTH IT (HIT): The Health of the HIT INDUSTRY 7.4% 7.4 MARKET IS FORECAST TO GROW AT A COMPOUND ANNUAL RATE OF Market will increase to $31.3 billion by 2017 from $21.9 billion in 2012 due to rising demand 35 MILLION new users will be added to for clinical IT and administrative the healthcare system thanks solutions and services to the Affordable Care Act $31.3 $21.9 BILLION 2.5% BILLION 75% 2007 2011 BETWEEN 2007 AND 2011 THE NUMBER OF HIT JOBS 2012 2017 GREW FROM .75% TO 2.5% OF ALL HEALTHCARE JOBS → HIT funding reached $1.92 billion in 2013 up 35% from 2012 and 100% from 2011 $1.92 B 2013 $1.42 B 2012 $960 M 2011 Joyce Sensmeier, Vice President of informatics at the Healthcare Information and Management Systems Society, called informatics "A TOP CAREER IN HEALTHCARE" States with the Greatest Number of HIT JOBS OPENINGS 10 · NEW YORK 9. WASHINGTON 8· OHIO 7· ILLINOIS 6 · MASSACHUSETTS 5. TEXAS 4- MARYLAND FLORIDA 3 PENNSYLVANIA 2 1 CALIFORNIA 434,282 42 of these listings posted by IT staffing, consulting and sales firms, and service providers HIT-RELATED JOB POSTINGS BETWEEN 2007-2011 19 of these listings posted by ambiguous sources, or another type of employer 39° of these listings posted by healthcare provider organizations The 5 Best Healthcare Institutions for HIT PROFESSIONALS INTERMOUNTAIN HEALTHCARE MAYO CLINIC BASED IN SALT LAKE CITY, UT BASED IN ROCHESTER, MN CLEVELAND CLINIC BASED IN CLEVELAND, OH KAISER PERMANENTE BASED IN OAKLAND, CA HOSPITAL CORPORATION OF AMERICA НСА BASED IN NASHVILLE, TN The Most in Demand HIT JOB FUNCTIONS (ACCORDING TO HIMSS JOBMINE) = 10 JOBS IT/TECHNICAL MANAGEMENT 299 jobs SYSTEMS ANALYST 133 jobs PROJECT MANAGEMENT ANALYST 234 jobs iiiii 136 jobs iii HEALTHCARE INFORMATICS 44 jobs HIT JOB FUNCTIONS by Region SENIOR HIT ASSOCIATE MANAGERS STAFFERS 2$ $169,826 EARN AN AVERAGE OF EARN AN AVERAGE OF s70,933 $122,962-126,230 THESE THREE REGIONS HAVE THE HIGHEST AVERAGE SALARY RANGES: PACIFIC (AK, CA, HI, OR, WA) MID ATLANTIC (NJ, NY, PA) NEW ENGLAND (CT, ME, MA, NH, RI, VT) → With an average of less than $100,000, the West North Central region (IA, KS, MN, MO, NE, ND, SD) has the lowest salary range FACTORS AFFECTING SALARY GEOGRAPHIC LOCATION EDUCATION & EXPERIENCE SIZE AND TYPE GENDER OF ORGANIZATION MALE HIT FEMALE HIT PROFESSIONALS PROFESSIONALS EARN AN AVERAGE OF EARN AN AVERAGE OF $124,635 98,872 UIC UNIVERSITY OF ILLINOIS AT CHICAGO http://healthinformatics.uic.edu/ SOURCES: http://searchhealthit.techtarget.com/definition/Health-IT-information-technology http://www.healthcareitnews.com/news/big-growth-forecast-health-it-market http://www.bizjournals.com/denver/blog/broadway_17th/2013/10/strategies-health-care-information.html?page=all http://www.fiercehealthit.com/story/health-it-funding-boom-similar-90s-tech-boom-investor-says/2014-02-05 http://www.healthdatamanagement.com/blogs/health-IT-job-growth-has-been-underestimated-46746-1.html http://www.healthcareitnews.com/news/health-it-jobs-growth-trajectory http://jobmine.himss.org/jobseeker/search/results/?site_id=5817& keywords=&t735=163 http://www.fiercehealthit.com/story/cleveland-clinic-mayo-among-most-admired-institutions-it-use/2013-04-08 http://www.healthcareitnews.com/best-hospitals-content/hit-jobs-where-are-they-and-whos-paying-best-salaries-content/ hit-jobs-where-are-they-and-whos-paying-best-salaries MARKET VALUE HIT JOBS