Health systems across the U.S. are investing heavily in IT overhauls, with some spending hundreds of millions to modernize infrastructure, integrate acquisitions and streamline operations. According to 2023 data from Definitive Healthcare based on more than 5,000 U.S. hospitals, hospitals spent an average of $9.51 million on IT operating expenses, or 2.29% of their total operating budgets. Spending scales significantly by facility size. Hospitals with 25 or fewer beds spent roughly $1 million, while those with more than 250 beds averaged more than $33 million.

The scope and cost of IT overhauls vary widely. Columbus, Ohio-based OhioHealth, for example, allocated $29.1 million to migrate newly acquired hospitals onto its Epic EHR platform, upgrade network infrastructure, and deploy Workday

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