Nashville, Tennessee, March 6, 2025 (Globe Newswire) – Technology and healthcare IT industry executives face both new possibilities and challenges in the areas of cybersecurity, audit, taxation, and AI-driven business intelligence as their 2025 approach. The top five trends affecting this sector have been discussed by national LBMC experts, giving leaders practical advice on how to handle changing technologies and regulatory environments.
1. Regulation development: State and local tax (salt) considerations
The rapid expansion of digital services compiled in expanded tax provisions has led to increased scrutiny by state and local tax authorities. Healthcare IT and technology companies must:
Sales taxes will strengthen economic Nexus laws, affecting remote software sales and cloud-based service providers. Narrow down tax rules for increased sales tax collection obligations by SaaS and PaaS providers as states. Interest credit rules for technology companies.
Expert Insight: “Companies operating in multiple jurisdictions should actively assess their exposure and update their compliance strategies to avoid unexpected tax liability and penalties.”
2. AI Risks and Cyber Security: New normals in IT compliance
IT leaders need to strengthen their risk management tactics in light of the growing threat of AI-powered cyberattacks. These tactics include:
Implement a strong zero trust security framework to reduce violations. Certainly, publicly traded tech companies will comply with the SEC's new cybersecurity disclosure regulations. Test your IT systems regularly through technology audits and penetration testing activities.
“AI-powered cyberattacks are more sophisticated, with stricter companies prioritizing design-by-design approaches,” said Stewart Fey, LBMC Cybersecurity shareholder and PCI practice leader.
3. Use AI to increase the competitive advantage of business intelligence
Predictive analytics, financial reporting and operational efficiencies in IT companies are all revolutionising with the rapid advances in AI in business intelligence. The key trends are as follows:
The use of AI-driven automation in audit and tax compliance procedures. Real-time risk assessment in financial forecasts and revenue recognition. IRS rules related to AI-generated tax positions that require increased openness in automated compliance systems.
“AI is no longer a futuristic concept. Now it's the need for competition. We are in the age of AI, and competitive winners are those who embrace and integrate it in all areas of business. The waiting approach will probably put you further behind and make it much more difficult to keep up,” says Jon Hilton, shareholder and AI practice leader at LBMC.
4. Evolution of M&A in Medical IT and Technology and Investment Trends
Private equity and venture capital investments in IT-led healthcare and technology companies continue to skyrocket. Important considerations are:
Strengthening scrutiny of merger regulations under the FTC's new competitive guidelines. Increased due diligence on cybersecurity vulnerabilities and data governance policies. Hold investments longer while hoping for faster profitability, pose challenges for early stages of cash flow management.
“M&A strategies must consider the regulatory and tax impacts from day one to maximize value and mitigate risk,” advises Aaron Hale, LBMC Audit Shareholder and technology industry leader.
5. Washington Effect: Policy Changes and Industry Impact
Technology and healthcare executives need to respond to policy changes that may occur under the new administration. These changes include:
Updated drives with federal data privacy restrictions affecting cloud-based software providers. Increases in global intangible taxable income (GILTI) tax rates, changes in business tax arrangements, etc.
“Companies must continue to engage in policy debates to predict changes in regulations that could affect growth strategies,” said Kyle Baldwin, LBMC's tax shareholders and technology industry leader.
Preparation for 2025: What IT Leaders Need to Do Now
A proactive approach is needed to converge regulatory changes, cybersecurity threats, and AI-driven transformations. LBMC offers strategic advisory services for healthcare IT and technology executives to mitigate risk, optimize tax strategies, and help AI to excel excellence.
Learn more about technology business trends and how your organization can adapt by downloading the 2025 Business Outlook report now.
For more insights and connections with LBMC's healthcare industry experts, visit our website.
About LBMC
LBMC is one of the largest accounting and business consulting companies in the Southeast and is currently the top 35 companies in the country, serving over 11,000 clients with diverse needs in a variety of industries. Key client groups include middle market companies supported by private ownership and private equity in healthcare, manufacturing/distribution, real estate, and technology spaces. At the forefront of innovation, LBMC leverages advanced business intelligence and AI technology to drive client growth, efficiency and strategic insights. Founded in 1984 as a traditional accounting firm, LBMC is an industry leader in auditing, tax, advisory, technical, human resources and wealth advisory services for businesses and individuals. LBMC has over 900 team members and has offices in Nashville, Knoxville and Memphis, Tennessee. Louisville, Kentucky. Remote offices with Charlotte, North Carolina. For more information about LBMC's professionals and comprehensive services, please visit our website or call 615.377.4600. Discover career opportunities and learn more about how LBMC services and culture can support business goals. Connect with us on LinkedIn and get the latest insights into talent, client engagement and business growth.
2025: The new reality of healthcare IT and technology
