by Pam Arlotto
Contributors: Susan Irby, Lori Bishop, Marla Crockett, Bryant Hoyal, Kevin Martin, Vicki Miller
Rethinking Return on Investment offers a timely exploration of the value achieved through the Meaningful Use of electronic health records and other components of the HITECH legislation. The authors provide a look back at how ROI of health IT has typically been measured and explore how Meaningful Use regulations are driving healthcare organizations to adopt a value-based purchasing model — thus challenging readers to rethink how they define the ROI of health IT. The authors examine Meaningful Use within a three-stage Value Management Framework: value identification, value realization and value optimization. To assist organizations in evaluating how to drive value out of an investment in people, processes and technology, the book includes numerous value maps for measuring a project’s benefits, such as quality improvement, care management and cost reduction. The authors conclude by setting the stage for how the current impact of Accountable Meaningful Use will contine to transform the healthcare delivery system for years to come.
Available through HIMSS, order here.
Don’t miss the forerunner — Beyond Return on Investment: Expanding the Value of Healthcare Information Technology — which provides lessons learned from healthcare IT adoption on how to drive value realization, look at healthcare IT as a strategic asset, achieve value from clinical systems, manage healthcare IT as an investment, analyze ROI to make the case for investment, and governing transformation toward integrated decision making