How Do Health Informatics Provide Economic Value?
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Health informatics systems have been proven to provide many benefits to stakeholders and organizations involved in population healthcare. The costs involved in their operation can be quite high, however, so their economic value must often be proven so that organizations know they are going to achieve a return on investment (ROI). Health informatics solutions must demonstrate economic value to stakeholders in order to be sustainable.
In this Discussion, you investigate a health delivery system in which informatics solutions added economic value related to a specific population health challenge. You may focus on the provider and/or payer aspects of the health delivery system.
To Prepare:
Review the Resources for this week.
Reflect on the concept of value and how it might be interpreted differently by different stakeholders.
Reflect on differences in technologies.
Reflect on how different technologies affect cost and economic value of health informatics solutions.
By Day 3
Post an example of the economic value of health informatics. Be specific, using an example in which health informatics were used to provide economic value to a healthcare delivery system that addressed a population health issue. Then, explain how effectively this economic value was communicated to stakeholders for improving practice.
Share another example related to the one your colleague posted and compare communication strategies and their effectiveness.
Suggest another way health informatics could be used to provide economic value to your colleague’s cited population health issue.
By Day 5
Respond to at least two colleagues. Respond in one or more of the following ways:
Share another example related to the one your colleague posted and compare communication strategies and their effectiveness.
Suggest another way health informatics could be used to provide economic value to your colleague’s cited population health issue.
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