Health Care Industry
The health care industry lags significantly in its Y2K preparations compared to other sectors. Because of limited resources and lack of awareness, rural and inner city hospitals have particularly high Y2K risk exposure.
Health care is the nation's single largest industry, generating $1.5 trillion annually. There are 6,000 hospitals, 800,000 doctors and 50,000 nursing homes, as well as hundreds of biomedical equipment manufacturers and suppliers of blood, drugs, linens and bandages-and health care insurers-that may be unprepared for the year 2000.
According to a report by the Gartner Group, 64 percent of hospitals -- primarily smaller hospitals -- have no plans to test their Y2K remediation efforts. In addition, 90 percent of physicians' offices are unaware of their Y2K exposure. Struggling compliance efforts by the Health Care Financing Administration (the agency that oversees Medicare) and unaddressed concerns about medical devices are major roadblocks to the industry's Y2K readiness.
Read the committee report's section on the health care industry's preparations for the year 2000. (Editor's note: the committee's report is in the Portable Document Format (PDF). Click here to obtain an Adobe Acrobat reader to view this file.)