Related Experiment Videos
Valuing hospital investment in information technology: does governance make a difference?
Stephen T Parente1, R Lawrence Van Horn
1University of Minnesota, USA. sparente@csom.umn.edu
Health Care Financing Review
|April 13, 2007
Summary
Information technology (IT) investments in hospitals yield different productivity results. For-profit hospitals reduced patient days, while not-for-profit hospitals increased services, reflecting their distinct goals.
Area of Science:
- Health Services Research
- Information Technology Management
- Hospital Productivity
Background:
- Hospitals invest significantly in patient care information technology (IT) systems.
- The impact of IT on institutional productivity, particularly differentiating between for-profit and not-for-profit entities, requires examination.
- Understanding these differences is crucial for optimizing healthcare investments.
Purpose of the Study:
- To analyze the investment in patient care IT systems within U.S. short-term acute care hospitals (1990-1998).
- To determine the impact of IT adoption on hospital productivity.
- To compare the IT system outcomes between for-profit and not-for-profit hospitals.
Main Methods:
- Utilized a nationwide sample of U.S. short-term acute care hospitals.
- Examined data from 1990-1998, focusing on IT investments and productivity metrics.
- Employed statistical analysis to assess the marginal effects of IT on hospital operations.
Main Results:
- Information technology (IT) adoption had a differential impact on hospital productivity based on ownership structure.
- For-profit hospitals experienced a marginal decrease in patient days supplied with IT investment.
- Not-for-profit hospitals saw a marginal increase in the quantity of services supplied due to IT investment.
Conclusions:
- The observed effects of IT align with the differing objectives of for-profit and not-for-profit healthcare organizations.
- IT represents a valuable and sustainable investment for hospitals, enhancing productivity in ways consistent with their mission.
- The study underscores the importance of considering organizational goals when evaluating IT's impact on healthcare productivity.
Related Concept Videos
01:30Health Information Technology and Healthcare Information System
Health Information Technology (HIT)
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
01:29Issues And Trends In Healthcare Delivery System
The issues and trends in healthcare delivery are constantly changing. The COVID-19 pandemic is one recent issue that wreaked havoc on healthcare systems, causing a shortage of healthcare workers, high demand for medicines and supplies, and increased medical expenditure due to a lack of insurance. Other issues include rising healthcare costs and care fragmentation.
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
Cost Containment
Payment for healthcare services has historically promoted adoption of costly and often unnecessary or inefficient...
01:25Ethical Standards I
The American Nurses Association (ANA) created and implemented the first nationally accepted Code of Ethics for Nurses with Interpretive Statements. The Code of Ethics is a living document regularly updated by the ANA and establishes an ethical standard that is non-negotiable for nurses in all roles and settings.
The Code of Ethics provisions outline the nurse's duty to the patient, the healthcare team, the profession, and society. The Code's fundamental principles include advocacy,...
The Code of Ethics provisions outline the nurse's duty to the patient, the healthcare team, the profession, and society. The Code's fundamental principles include advocacy,...
01:21Tertiary Healthcare System
Specialized care provided over an extended period is called tertiary care. Usually, a primary or secondary care physician will refer a patient to tertiary care. A patient's maximum physical and mental function is restored in tertiary care, which is caused due to the impact of a chronic illness or condition. Tertiary care aims to achieve the highest level of functioning possible while managing chronic illness. For example, a patient who falls and fractures their hip will need secondary care to...
01:11Purpose of Health Records I
The vital purpose of health records is to provide a complete and accurate account of a patient's medical history, including communication, diagnostic and therapeutic orders, care planning, research, and quality review.
Here's a breakdown of how health records serve these purposes:
Here's a breakdown of how health records serve these purposes:
00:59Hospitals-II
Hospitals provide inpatient and outpatient services. Inpatient services provide care to patients that stay in the hospital for an extended period, ranging from days to months. Examples of inpatient services include intensive care units, hospital wards, or surgeries. Outpatient services provide care to patients who come to a hospital for a diagnostic or treatment but do not stay overnight —for example, diagnostic tests, surgical procedures, or health education.
Nurses that work in hospitals have...
Nurses that work in hospitals have...