A team of researchers from across the industry have developed a framework for assessing the return on investment of health information systems.

The Institute of Medicine has published the framework as a discussion paper, available here. “Although it may seem obvious that both the demands for higher reliability and higher-value health care require robust electronic health records, information exchange and deep analytic capabilities, it remains difficult to measure the return on investment in information systems,” the authors note. “The lack of a standard model for ascribing the costs of implementing or the benefits of using EHRs and related technology makes comparisons across different institutional experiences, different implementation approaches, and different technologies difficult. Moreover, the absence of a format for a standard business case for information investment may add to the hesitation for investment in information systems and thwart progress in creating the reliable digital foundation needed for a continuously learning health system.”

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