Journal article
Evidence-based management assessment of return on investment from anesthesia information management systems
AANA journal, Vol.75(1), pp.43-48
02/2007
PMID: 17304783
Abstract
A systematic and comprehensive review of the scientific literature revealed 4 evidence-based methods that contribute to a positive return on investment from anesthesia information management systems (AIMS): reducing anesthetic-related drug costs, improving staff scheduling and reducing staffing costs, increasing anesthesia billing and capture of anesthesia-related charges, and increased hospital reimbursement through improved hospital coding. There were common features to these interventions. Whereas an AIMS may be the ideal choice to achieve these cost reductions and revenue increases, alternative existing systems may be satisfactory for the studied applications (i.e., the incremental advantage to the AIMS may be less than predicted from applying each study to each facility). Savings are likely heterogeneous among institutions, making an internal survey using standard accounting methods necessary to perform a valid return on investment analysis. Financial advantages can be marked for the anesthesia providers, although hospitals are more likely to purchase the AIMS.
Details
- Title: Subtitle
- Evidence-based management assessment of return on investment from anesthesia information management systems
- Creators
- Cormac T O'Sullivan - University of Iowa, NursingFranklin Dexter - University of Iowa, AnesthesiaDavid A Lubarsky - University of California Davis Medical CenterMichael M Vigoda
- Resource Type
- Journal article
- Publication Details
- AANA journal, Vol.75(1), pp.43-48
- PMID
- 17304783
- ISSN
- 0094-6354
- eISSN
- 2162-5239
- Language
- English
- Date published
- 02/2007
- Academic Unit
- Health Management and Policy; Nursing; Anesthesia
- Record Identifier
- 9983557575602771
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