Document Detail

The missing variable: ensuring a positive ROI (return on investment).
MedLine Citation:
PMID:  10132396     Owner:  NLM     Status:  MEDLINE    
In summary, the business value of IS technology is a function of its role in the organization's business strategy. Value can be assigned to expected benefits from the technology. But, the validity of that determination depends on developing a plan to fully and appropriately use the technology, reengineer operations and embrace a new way of doing business. The need for IS technology in today's healthcare environment is unquestioned. Realizing the full business value of IS technology is the issue. Will it be treated as an expense to be minimized, or as a strategy for the future? A strategy embraced as part of the new evolving healthcare delivery system will result in your investment in IS technology truly being an investment in the future.
J Fleming
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Healthcare informatics : the business magazine for information and communication systems     Volume:  11     ISSN:  1050-9135     ISO Abbreviation:  Healthc Inform     Publication Date:  1994 Feb 
Date Detail:
Created Date:  1994-04-26     Completed Date:  1994-04-26     Revised Date:  2000-12-18    
Medline Journal Info:
Nlm Unique ID:  9004557     Medline TA:  Healthc Inform     Country:  UNITED STATES    
Other Details:
Languages:  eng     Pagination:  18, 20, 22     Citation Subset:  H    
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MeSH Terms
Capital Expenditures
Computer Systems / economics
Cost-Benefit Analysis / statistics & numerical data
Hospital Information Systems / economics*
Investments / economics*
Planning Techniques
United States

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine

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