Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

5 rules for effective IT investment planning.

Lynn Harold Vogel1

  • 1Healthlink Incorporated, Houston, Texas, USA. lynn.vogel@healthlink.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|January 5, 2005
PubMed
Summary

Effective healthcare IT investment planning requires a clear business strategy, comprehensive planning processes, and adaptability to evolving healthcare and technology landscapes. Administrators must establish strong governance for successful technology adoption.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Returns, not burns: how to ensure successful health IT investments.

Healthcare financial management : journal of the Healthcare Financial Management Association·2005
Same author

Will decision support in medications order entry save money? A return on investment analysis of the case of the Hong Kong hospital authority.

AMIA ... Annual Symposium proceedings. AMIA Symposium·2004
See all related articles

Area of Science:

  • Healthcare Administration
  • Information Technology Management
  • Strategic Planning

Background:

  • Healthcare organizations face increasing complexity in IT investment decisions.
  • Effective planning is crucial for aligning technology with business goals.

Purpose of the Study:

  • To outline key principles for effective IT investment planning in healthcare.
  • To guide administrators in optimizing technology resource allocation.

Main Methods:

  • Analysis of best practices in strategic investment planning.
  • Review of healthcare industry trends and technological advancements.

Main Results:

  • Clear business strategy is fundamental for IT investment.

Related Experiment Videos

  • Comprehensive planning processes, similar to other major investments, are essential.
  • Anticipating and responding to dynamic healthcare and technology environments is critical.
  • Establishing effective governance structures is necessary for guiding the planning process.
  • Adaptability to changing IT investment needs is paramount.

    • Conclusions:

    • Healthcare administrators must adopt a strategic and adaptive approach to IT investment.
    • Robust governance and planning frameworks enhance the success of IT initiatives.
    • Proactive management of environmental changes ensures optimal IT investment outcomes.