Financing Health Information Technology in Health Services Research Paper

Financing Health Information Technology in Health Services Organization - look Paper ExampleThe paper in any case examines the cost-effectiveness and cost efficiencies together with outcomes of implementing wellness culture technology.According to Clarke (2009), health information technology (HIT) has emerged as a scathing aid to the transformation of health care expediency provision. It serves as an electronic health record, a platform for information sharing and a entropy warehouse. It is also a clinical decision-making support organization and a physician practice management system. It also serves the critical functions of scheduling and billing. Organizations considering implementing a HIT system have to critically consider the possible Return on Investment in the chosen system. Returns vary in timing, value, certainty and in recipient. These returns may be all financial or non-financial like better health outcomes, safety owing to legible records and better fictitious ch aracter of life. There are also other returns that accrue to other parties rather than the one making the investment. These entangle patients who get to avoid hospitalizations, and networking benefits that accrue to other actors in the system.Some of the key HIT system functions overwhelm decision support for health care providers, electronic health records, computerized data entry, results management and administrative functions. To chance the Return on Investment, one has to look at the different components of the health information technology system and examine their effects. According to Kolodner, Cohn and Friedman (2008), paper-based information management has very limited capacity given the large muckle and complexity of transactions in health care, the need to integrate new scientific approaches and technologies and other aspects of information management. Systems such as the Computerized Physician Order Entry (CPOE) simplify the management of information and seamlessly i ntegrate co-related data for easy information access. The RIO of