Healthcare organizations continue to invest in new technologies to improve efficiency, automate workflows, and modernize operations. Realizing the full financial value of those investments, however, often depends on what happens to the systems they replace.
A recent Outcomes Rocket article draws on separate conversations with Erik Johnson, VP of Marketing at Harmony Healthcare IT, Jeff Norton of Multiview Financial, and Jeff Thomas of Sentara Health to explore this concept in more detail, including how legacy data archiving and system retirement can factor into the larger ROI equation.
That broader view of ROI aligns with how we approach legacy system retirement at Harmony Healthcare IT. We look beyond the initial cost savings to the factors that can drive greater long-term value from legacy system retirement. These include timing decommissioning around contract dates, establishing clear data governance, reducing ongoing support requirements, improving workflows, and creating a repeatable approach to application retirement.
Additional Resources
Explore these resources for more strategies to maximize the financial and operational value of legacy data archiving:
- The Legacy Data Archiving ROI Checklist: A guide to maximizing ROI by aligning decommissioning plans, governance, workflows, and system consolidation strategies. https://www.harmonyhit.com/resources/the-legacy-data-archiving-roi-checklist/
- How to Maximize Legacy Data Archiving ROI – Top Considerations for Health IT Leaders: A deeper look at the factors that influence savings, including system costs, labor capacity, and operational efficiencies. https://www.harmonyhit.com/how-to-maximize-legacy-data-archiving-roi-top-considerations-for-health-it-leaders/
- Stop Leaving ROI on the Table – How to Maximize the Value of Legacy Data Archiving: Insights from health IT leaders on moving beyond early cost savings to sustain ROI across security, compliance, operations, and efficiency. https://www.harmonyhit.com/stop-leaving-roi-on-the-table-how-to-maximize-the-value-of-legacy-data-archiving/
- Archiving at Scale: Real-world examples of large hospitals and health systems using enterprise archiving to support modernization, M&A, application rationalization, and legacy system retirement.
