Justifying the cost of a computer-based patient record.
Computer-based patient records (CPRs) that integrate financial and clinical information are important tools for improving the quality and lowering the cost of care. However, purchasing, implementing, and maintaining a CPR requires a significant investment that must be justified. At The University of Texas M. D. Anderson Cancer Center, a cost-benefit analysis of a CPR involved identifying the goals of a CPR, determining its quantifiable and nonquantifiable benefits, estimating its initial costs, projecting its costs and benefits over 10 years, calculating its net present value, and monitoring its results.
M. D. Anderson Cancer Center, Houston, TX, USA.
L A
LA
Kian
M W
MW
Stewart
C
C
Bagby
J
J
Robertson
D002173:Cancer Care Facilities / Q000191:economics*; D003363:Cost Control; D003362:Cost-Benefit Analysis / Q000706:statistics & numerical data*; D003659:Decision Making, Organizational; D005069:Evaluation Studies as Topic; D005240:Feasibility Studies; D006748:Hospital Departments / Q000191:economics; D016347:Medical Records Systems, Computerized / Q000191:economics*; D009937:Organizational Objectives; D011367:Professional Staff Committees; D011785:Quality Assurance, Health Care; D011795:Surveys and Questionnaires; D013781:Texas