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.
Kian
L A
LA
M. D. Anderson Cancer Center, Houston, TX, USA.
Stewart
M W
MW
Bagby
C
C
Robertson
J
J
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