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The missing variable: ensuring a positive ROI (return on investment).

Healthcare Informatics : the Business Magazine for Information and Communication Systems

|January 8, 1994

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Information System (IS) technology

Area of Science:

Healthcare Management
Information Systems Strategy

Background:

The necessity of Information System (IS) technology in modern healthcare is widely acknowledged.
The primary challenge lies in effectively realizing the full business value of these IS investments.

Purpose of the Study:

To analyze the critical factors influencing the business value derived from IS technology in healthcare organizations.
To determine whether IS technology is viewed as a cost to be reduced or a strategic investment for future growth.

Main Methods:

Conceptual analysis of IS technology's role within organizational business strategy.
Evaluation of benefit realization through strategic planning, operational reengineering, and business transformation.

Main Results:

Related Experiment Videos

The business value of IS technology is intrinsically linked to its integration with the organization's strategic objectives.
Successful value realization hinges on comprehensive implementation plans, operational adjustments, and adoption of new business paradigms.

Conclusions:

Viewing IS technology as a strategic enabler, rather than a mere expense, is crucial for future success in the evolving healthcare landscape.
Strategic investment in IS technology is paramount for organizations aiming to thrive within the transforming healthcare delivery system.