Will Investment in Health IT Pay Off?

Tuesday, December 16th, 2008
This post was written by Melanie Matthews

Can spending money on health IT save healthcare organizations money in the long run? In today’s economic climate, it’s anybody’s guess, but two stories in this week’s Healthcare Business Weekly Update offer some perspective. First, read about a new HHS AHRQ study demonstrating the cost-saving potential of e-prescribing — $845,000 per 100,000 patients per year and possibly more system-wide. Also, a CSC survey on hospital cost-cutting found that while most respondents have delayed or deferred future IT projects and halted existing IT expansions, a few hardy souls — about 15 percent — have accelerated IT efforts in the hopes that it will pay off in improved efficiency and quality of patient care.

Also last week, a new study from Harvard Medical School showed a trend toward lower paid malpractice claims for physicians who are active users of EHRs. Read more about these survey results here.

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