Healthcare organizations should never have to choose security over efficiency. And with a solid strategy in place for managing their digital identities, they can have both.
However, in order to prioritize and invest in a digital identity strategy, healthcare IT organizations will need to construct a solid ROI story for leadership support.
That’s why Imprivata commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study examining the potential ROI realized from using Imprivata digital identity management solutions.
By interviewing existing Imprivata customers and conducting subsequent financial analysis, Forrester found that the interviewed organizations experienced average benefits of $16 million over three years versus costs of $3.7 million, adding up to a net present value (NPV) of $12.3 million and an ROI of 336%.
Download the study for key findings, which include:
- Increased efficiency in onboarding of employees with Imprivata Identity Governance yielded $2 million in productivity gains;
- Increased productivity of medical professionals using Single Sign-on (SSO) with Imprivata OneSign valued at $3.9 million; and
- Reduced controlled substance prescription time with Imprivata Confirm ID worth $10 million.