Guided Notes

Demonstrating Value: Health IT ROI

Building a business case — costs (one-time and ongoing), benefits (hard and soft), ROI, payback, net present value, benefit realization tracking and value beyond money.

Why value matters

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Health IT competes with nurses, beds and equipment for limited funds. Informaticists need to show value: • Before: business case to approve a project. • After: benefit realization to prove it delivered. Value includes money, but also safety, quality, access, equity and clinician well-being.