Financial Incentives: Innovative Payment for Health Information Technology

March 2004 Financial Incentives: Innovative Payment for Health Information Technology An increasing number of studies measure the value and cost effectiveness of CPOE, EHR, bar coding, electronic prescribing and other types of HIT. These analyses tend to focus on patient safety improvements, financial benefits from quality and efficiency improvements, and the development of a business case for HIT. In particular, these types of studies can play an important role in supporting the adoption of financial incentives programs; they emphasize the misalignment of costs and benefits among individual stakeholders adopting technology (e.g., purchasers, providers) and provide actuarial analyses and evidence . . .