Related Experiment Videos
Information technology ROI. A CEO's Guide to measuring and evaluating IT's financial effectiveness
Hospitals & Health Networks
|March 18, 2005
Summary
Hospital executives often assume information technology (IT) investments are valuable. This guide explains how to measure IT return on investment (ROI) and shares insights from healthcare organizations.
Area of Science:
- Health care management
- Information technology in healthcare
- Health economics
Background:
- Hospital executives frequently assume information technology (IT) investments yield value.
- There is a need for concrete methods to measure the return on investment (ROI) of IT in healthcare settings.
Purpose of the Study:
- To demonstrate practical methods for measuring the ROI of IT investments in hospitals.
- To provide insights from healthcare organizations that have implemented IT.
Main Methods:
- The study outlines specific approaches for quantifying the value derived from IT.
- Case studies from three healthcare organizations are presented.
Main Results:
- Concrete methods for measuring IT ROI in hospitals are detailed.
- Insights into successful IT implementation and value realization are shared.
Conclusions:
- Measuring IT ROI in hospitals is feasible through defined methodologies.
- Learning from the experiences of other healthcare organizations can guide effective IT investment.