With enactment of the HITECH and Affordable Care Acts, the ubiquitous feeding frenzy for health information technology talent began in 2009, and has yet to slow down.
As the shortage of individuals escalates, pay has accelerated to levels unseen. Hiring full-time employees by hospitals has become less commonplace, as the demand and upside of consulting is too lucrative for talent to turn down. Prices are increasing, and the current model is becoming unsustainable. As competition becomes fiercer and decisions are being made faster and without adequate time for proper due diligence, many hospitals and staff augmentation companies feel they have found a way out.
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