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The value of information technology in healthcare
1Providence Health System, Tigard, Oregon, USA.
Frontiers of Health Services Management
|March 21, 2003
Abstract:
Not only will healthcare investments in information technology (IT) continue, they are sure to increase. Just as other industries learned over time how to extract more value from IT investments, so too will the healthcare industry, and for the same reason: because they must. This article explores the types of business value IT has generated in other industries, what value it can generate in healthcare, and some of the barriers encountered in achieving that value. The article ends with management principles for IT investment.