IOM Model Helps Hospitals Evaluate Return On Investment Of EHRs

The Institute of Medicine has released a proposed model to help hospitals and others assess the potential financial benefits of adopting electronic health records. The proposed framework and model, published Jan. 6, is intended to evaluate a provider's EHR investment by making inter-organizational comparisons, help identify "best-in-class" implementation approaches and prioritize process redesign endeavors. "Although it may seem obvious that both the demands for higher reliability and higher-value health care require robust electronic health records, information exchange, and deep analytic capabilities, it remains difficult to measure the return on investment in information systems," authors of . . .