Nobody downloaded yet

Financing Health Information Technology in Health Services Organization - Research Paper Example

Comments (0) Cite this document
Summary
It examines issues surrounding the determination of Return on Investment on information technology investments in the health sector. The paper emphasizes biblical implications for financial…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Financing Health Information Technology in Health Services Organization
Read TextPreview

Extract of sample "Financing Health Information Technology in Health Services Organization"

Download file to see previous pages The paper also examines the cost-effectiveness and cost efficiencies together with outcomes of implementing health information technology.
According to Clarke (2009), health information technology (HIT) has emerged as a critical aid to the transformation of health care service provision. It serves as an electronic health record, a platform for information sharing and a data warehouse. It is also a clinical decision-making support system and a physician practice management system. It also serves the critical functions of scheduling and billing. Organizations considering implementing a HIT system have to critically consider the possible Return on Investment in the chosen system. Returns vary in timing, value, certainty and in recipient. These returns may be either financial or non-financial like better health outcomes, safety owing to legible records and better quality of life. There are also other returns that accrue to other parties rather than the one making the investment. These include patients who get to avoid hospitalizations, and networking benefits that accrue to other actors in the system.
Some of the key HIT system functions include decision support for health care providers, electronic health records, computerized data entry, results management and administrative functions. To determine the Return on Investment, one has to look at the different components of the health information technology system and examine their effects. According to Kolodner, Cohn and Friedman (2008), paper-based information management has very limited capacity given the large volume and complexity of transactions in health care, the need to integrate new scientific approaches and technologies and other aspects of information management. Systems such as the Computerized Physician Order Entry (CPOE) simplify the management of information and seamlessly integrate co-related data for easy information access. The RIO of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Financing Health Information Technology in Health Services Research Paper”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1599467-financing-health-information-technology-in-health-services-organization
(Financing Health Information Technology in Health Services Research Paper)
https://studentshare.org/miscellaneous/1599467-financing-health-information-technology-in-health-services-organization.
“Financing Health Information Technology in Health Services Research Paper”, n.d. https://studentshare.org/miscellaneous/1599467-financing-health-information-technology-in-health-services-organization.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Financing Health Information Technology in Health Services Organization

World Health Organization and Health Information Systems

... technical support, boosts change and builds sustainable institutional capacity; and vi) assess health trends and monitors the health situation (Lee,2009, p.xiii). With the implementation of Information System, every field of the society including the World Health Organization are facing improvement at a very fast pace. Information System is at the core of the health care profession. It has a massive progression in Health Care division in its different fields like electronic patient registries, management system, process and programmable evaluation and also in decision support system for clinics and diagnostic centers. It cuts down the cost and by manpower reduction and sophisticated technologies and proper implementation. Both... the...
9 Pages(2250 words)Research Paper

Trends in Health Information Technology

...? Trends in Health Information Technology Introduction Information and technology based management has transcended the healthcare sector to a new dimension. With the advent of new technologies, health information systems (HIS) have started to play a key role for the healthcare organizations to obtain a better grasp of the requirements of the patients. HIS is recognized as a system which facilitates to collect as well as process data from diverse sources. HIS enables to efficiently manage health related services as well as prepare requisite policies from...
3 Pages(750 words)Research Paper

Financing health care

...for the fully insured health program’s cost. The level of contribution is hence tied to the expense of providing the necessary health service. This service may vary with the choice of the plan that is at hand. The social insurance system can adopt the pre-funding and building trust funds for its future costs and operations where trust funds are rare to encroach. Private insurance financing operates under employers and other insurance offering organization. The price of the related coverage to be offered is related to the expectation of the health expenditure. For example older member of the community or the sick and...
9 Pages(2250 words)Research Paper

Health Economics and Financing

...the use of health services in that the substitutes may not serve all purposes and may not account for some services and therefore decrease the use of health services. References 2005 = Doty MM, Edwards JN and Holmgren AL. Seeing Red: Americans Driven intoDebt by Medical Bills. Issue Brief August 2005. The Commonwealth Foundation. http://www.commonwealthfund.org/usr_doc/837_Doty_seeing_red_medical_debt.pdf?section=4039 Cutler, D. M. (2003). Your money or your life: Strong medicine for Americas health care system. Oxford University Press. Getzen, T. E. (2004). Health economics: fundamentals and flow of funds (Vol. 28)....
5 Pages(1250 words)Coursework

Health CAre Financing

...health care. It is in this respect that the quality of health care services is set to be safe, efficient, patient-centered, effective, equitable and timely as well as cost effective. Are there competitive options? In respect to competition, the market-based systems use the force of their competing companies to give the customer the best products. Therefore, an organization strives to give the best quality in all its activities including the health care services to improve its image and survive the competition. On the other hand, government-financed health care systems do not have the objectives for...
4 Pages(1000 words)Admission/Application Essay

Health CAre Financing

...of indicators i.e. looking at the frequency of visits by the patient to a health center. The survey attempts to study the nature of access and the components of utilization (Aday et al., 1980 in Access to Health Care in America, 1993). Outcome indicators i.e. utilization rates are also used to measure access through; survival rate, physical and emotional health (Lohr, 1988 in Access to Health care in America, 1993). Outcome indicators such as mortality rates, ailments that require overnight stay highlights the barriers hindering access to care. Structural barriers, these are hindrances related to place, mode of operation of medical service providers....
1 Pages(250 words)Assignment

Health Information Technology

...Health Information Technology I would decide to purchase Medios because it has superior features that other EHR do not have. It is superior because it facilitates access to patient records through an internet and is integrated with communication portals for patients and partners thus allowing service providers to contact their patients(Software Advice, 2014). In addition, Medios can help in providing crucial information on appointment requests, updates for allergies and medications hence making it fit for many different practice sizes and serve wide range of medical specialties. It is further connected with Medios Practice Management that helps in flow...
1 Pages(250 words)Assignment

Health Information Technology (HIT)

...Health Information Technology (HIT The first project I would undertake to positively impact healthcare as the CEO of a startup company would definitely be a patient-centered outcomes research project. HIT can be used to improve the quality of healthcare services by staggering proportions. In my research project, I intend to explore how HIT can be used by my company to enhance patient care delivery operations. The project that I would undertake would be titled “Trustworthy Healthcare Program (THP).” Its basic aim would be to ensure and respect the privacy of individual patients. Medical information delivered to patients is often improper and lacks...
4 Pages(1000 words)Essay

Health care services and mental health services

...cent (AAPF, 2015) and a survey of mental health conditions in the practices of urban family medicine suggests that more than 40 per cent of the research participants met the conditions set for a mental health disorder (National Ambulatory Medical Survey, 2008). Traditionally, mental health services are carved out by the managed care organizations from the primary care. They place the mental health services in distinct mental health management organizations’ hands. These are self-contained companies of behavioral health which have established contracts just with the...
3 Pages(750 words)Research Paper

Health Information Technology

...Health Information Technology Health Information Technology The establishment of the ARRA on February 13, 2009, paved way for the development of Electronic Health Records (HER) as part of the health information technology (HIT) project (Recovery.gov, 2015). The project aimed at ensuring that all American health care institutions use the electronic health record systems in an attempt to improve the efficiency of services. It also aimed at ensuring HIT use and implementation improved the effectiveness of patient care in...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Financing Health Information Technology in Health Services Organization for FREE!

Contact Us