The Value of Personal Health Records
November 2008 Researchers from the Center for Information Technology Leadership examined the financial value of four emerging personal health record (PHR) architectures that include: provider-tethered, payer-tethered, third-party, and interoperable. These PHR systems provide the functions of information collection and sharing, information for self-management, and health care information exchange. The cost of providing interoperable PHRs for 80% of the U.S. population was estimated at $3.7 billion to initially acquire the PHR and $1.9 billion annually to maintain. Annual savings of $21 billion due to interoperable PHRs are expected due to efficiencies gained in transferring . . .
