A Questionable Return on Investment

Focus: Return on Investment

Although sophisticated economic modeling can be used to quantify intangible benefits, ROI calculations for clinical information systems are driven more by the values and strategic direction of an organization than by any other considerations. But investing in clinical information tools to ensure quality and patient safety is, in reality, required as a cost of doing business and functioning as a...

Focus: Return on Investment

This article explores the historical IT value research, discusses its applicability to IT investments in healthcare, and highlights how it is challenged by several factors unique to the healthcare industry.The integration of historical IT value research with healthcare industry attributes provides an important context for understanding why the IT value proposition in healthcare has been so elus...

Return-on-investment models.

It is clearly important for businesses and organizations to have accurate measures of the rate of return on investments (ROIs) to guide their investment decisions. In health care, the demographic trends, explosion in high-cost technology, and changing health care system have focused attention on both the costs and the effectiveness of health care services. Total health care costs in the United ...

Medical Education: Return On Investment

Medical education is expensive. The high cost of medical education means that there is increasing pressure on funders, providers and learners to ensure that medical education delivers return on investment.(1) There are a plethora of methods to achieve this aim; however they all work on the premise that costs must be controlled and/or returns increased. At a micro level there are arguments for d...

Return on Software: Maximizing the Return on Your Software Investment