Ilovebenefits’s Blog

Just another WordPress.com weblog

Health Technology Savings Estimates

HIT-Enabled Savings in Operational Waste

Area Yearly Savings at 100% Adoption ($billions) Yearly Medicare Savings at 100% Adoption ($billions)
Outpatient
Transcription 1.9 0.4
Chart Pulls 1.7 0.3
Lab Tests 2.2 0.5
Drug Utilization 12.9 2.6
Radiology 3.6 0.7
Subtotal 22.3 4.5
Inpatient
Nurse Shortage 12.7 3.9
Lab Tests 3 0.9
Drug Utilization 3.7 1.1
Length of Stay 36.7 11.3
Medical Records 2.5 0.8
Subtotal 58.6 18
Total $80.9 $22.5

Data Source: Girosi F, Meili R, Scoville R, Extrapolating Evidence of Health Information Technology Savings and Costs, Santa Monica, Calif.: RAND Corporation, MG-410-HLTH, 2005. As of September 4, 2009: http://www.rand.org/pubs/monographs/MG410/.

Publication: RAND COMPARE. http://www.randcompare.org/us-health-care-today/waste#administrative-waste

Advertisements

December 28, 2009 - Posted by | Electronic health records, healthcare, hospitals, Medicare | , , ,

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: