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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/financial-analysis-projects
January 01, 2002 - Cost of HIT systems: Annual cost was estimated but no detail breakdowns. … The total costs for the seven-year period were estimated to be approximately $19 million. … costs by 10%, and improved formulary compliance to reduce inpatient medication cost by 10%. … Changes in healthcare costs: The eventual dollar benefit by changes in healthcare cost includes $1,127,604 … pharmacy FTEs because of streamlined order-entry processes ($200,000)
o Reduction in documentation costs
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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/impact-evidence-based
Impact of an evidence-based computerized decision support system on primary care prescription costs … Intervention: Compared new prescription costs for providers using an electronic prescribing system with … to detailed therapeutic reviews that contain supporting evidence from the literature and comparative cost … Changes in healthcare costs: The mean cost per new prescription was $4.16 lower (p=.02) in the intervention … group, and the mean cost for new and refilled prescriptions was $4.99 lower (p=.01).
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digital.ahrq.gov/ahrq-funded-projects/preventing-perioperative-medication-errors-and-adverse-drug-events-through-use/citation/monte
January 01, 2023 - A Monte Carlo simulation to estimate the additional cost associated with adverse medication events leading … A Monte Carlo simulation to estimate the additional cost associated with adverse medication events leading
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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/adverse-drug-events-hospitalized
January 22, 1997 - Excess length of stay, extra costs, and attributable mortality
Authors: Classen DC, Pestotnik … Purpose of Study: Estimate utilization costs and mortality due to Adverse Drug Events Years of study … length of stay was 7.69 days for patients with ADEs versus 4.46 days for controls and the mean total cost … attributable excess length of hospitalization was 1.74 days and the mean attributable excess hospital cost … that the occurrence of an ADE was associated with an increased length of 1.91 days and an increased cost
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digital.ahrq.gov/ahrq-funded-projects/closing-feedback-loop-improve-diagnostic-quality/annual-summary/2011
January 01, 2011 - For the clinic sites, additional assessments included patient satisfaction and impact on health care costs … (Achieved)
2011 Activities: The 1-year no-cost extension provided the opportunity to complete data … satisfaction results; and a main paper summarizing the whole study and outcomes, including clinical, costs … Cost analyses showed that if a followup system was implemented routinely the expense could be offset … Costs for such followup can be offset by increased patient care revenue, and early followup may avert
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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/justifying-cost-computer-based
July 01, 1995 - Justifying the cost of a computer-based patient record
Authors: Kian, L. A., Stewart, M. … Years of study: 1994-Not available Study Design: Case-based predictive cost-benefit analysis Outcomes … : Predicted costs and benefits of HIT. … Evaluation Method: A predictive cost-benefit analysis with support from top management. … Costs: The projected costs over the 10 years are listed below.
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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/value-health-care-information
January 01, 2005 - in year 1, and maintenance costs in years 1 through 10. … Costs: All 2003 U.S. dollars. … The cost estimates were broken down by clinician office system cost, hospital system cost, provider interface … cost, and stakeholder interface cost. … They incur annual costs of $10.5 billion to run the systems required, leaving them with an annual net
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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/varying-impact-two-clinical
Cost of HIT systems: : Installation of the CareVue9000 system involved capital costs of $604,423 (year … Cost of Implementation: The CareVue9000 had a cost of $387 for printing patient records annually. … Training costs were about $9,000. … ¤ The full annual costs were approximately $145,253, plus one time training cost. … and $54,500 of the old system failure cost.
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digital.ahrq.gov/health-it-tools-and-resources/health-it-survey-compendium/document-processing-cost-estimation/uhin-healthinsight-return-investment-roi
January 01, 2023 - This tool is being provided by UHIN and HealthInsight to help you identify potential cost … This tool can be completed again at a later date to demonstrate cost savings to your organization and … Report
The tool calculates the total number of business hours and costs dedicated to document exchanges … , breaking costs down by sending and receiving, process, staff type, document types.
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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/measuring-benefits-clinical
January 01, 2000 - Purpose of Study: Describe a methodology and illustrate a template for measuring the direct and indirect costs … HIT System: Critical pathway implementation with decision support Costs: Five-year cost of information … ), decision support personnel (1.5 FTE), labor costs (development), and monitoring. … The cost for decision support software was not counted. … by 10% for payer mix, cost-saving for those patients covered by at-risk contacts, and cost-saving due
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digital.ahrq.gov/sites/default/files/docs/publication/r03hs018220-fleming-final-report-2011.pdf
January 01, 2011 - Provider
number is linked to the general ledger cost centers and accounts; thus, payroll cost data were … Total Costs. … Maintenance costs for the
first year were estimated to be $85,500, with an average per physician cost … The total
costs through the first year were estimated at $232,297 with an average per physician cost … Year Costs Total Cost
Capital Expenditures (Depreciable):
Hardware Costs (Fixed) $25,000 $25,000
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digital.ahrq.gov/ahrq-funded-projects/school-based-tele-physiatry-assistance-rehabilitative-and-therapeutic-services/citation/parent
January 01, 2023 - Parent experience and cost savings associated with a novel tele-physiatry program for children living … Parent experience and cost savings associated with a novel tele-physiatry program for children living
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digital.ahrq.gov/sites/default/files/docs/activity/2011_017060_berner_pdf_3.pdf
January 01, 2011 - For the clinic sites, additional assessments included patient satisfaction and
impact on health care costs … (Achieved)
2011 Activities: The 1-year no-cost extension provided the opportunity to complete data collection … satisfaction results; and a main paper summarizing the whole study and
outcomes, including clinical, costs … Cost analyses showed that if a followup system
was implemented routinely the expense could be offset … Costs for such followup can be offset
by increased patient care revenue, and early followup may avert
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digital.ahrq.gov/sample-questions-answers-1
January 01, 2023 - Thus, these results are best used as general guidelines for determining costs and benefits rather than … Please refer to Chapter 4 of "Costs and Benefits of Health Information Technology," AHRQ Publication … What is the cost? What are the caveats? … What is the cost? What are the caveats? … The following summary provides useful guidance on when an order entry system costs time.
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digital.ahrq.gov/sites/default/files/docs/page/e_rx_evaluation_guide.pdf
February 01, 2010 - Value: Cost savings
from decreased
treatment costs for
ADEs resulting from
garbled prescription … Measure(s) of
cost/value
analyzed
Cost savings
were estimated
using average
medication costs … estimated.*
The costs to be measured are the net changes in costs for any particular cost category … J
and discount rates for benefit-cost analysis of federal Am Med Inform Assoc 2009 Jul-Aug;16(4):480 … Benefit-cost analysis: years discount rates from appendix C of OMB circular
financial and economic
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digital.ahrq.gov/health-it-tools-and-resources/health-it-costs-and-benefits-database/twelve-month-drug-cost-savings
May 01, 2005 - Twelve-month drug cost savings related to use of an electronic prescribing system with integrated decision … 2002-2003 Study Design: Controlled clinical trial Outcomes: Impact on efficiency, utilization and costs … to detailed therapeutic reviews that contain supporting evidence from the literature and comparative cost … However, within the 8 targeted therapeutic categories, prescriptions for high-cost target medications … Changes in healthcare costs: Over a 12 month period, the average cost per new prescription decreased
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digital.ahrq.gov/sites/default/files/docs/activity/e_prescribing_impact_2009_update_2.pdf
January 01, 2009 - E-Prescribing Impact on Patient Safety, Use, and Cost … Project Title: E-Prescribing Impact on Patient Safety, Use, and Cost … Based on average costs for private insurers, it is estimated that full
adoption of e-prescribing with … Impact of electronic prescribing on medication use and cost in community-based practices. … E-PRESCRIBING IMPACT ON PATIENT SAFETY, USE, AND COST 3
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digital.ahrq.gov/sites/default/files/docs/publication/r01hs015175-weissman-final-report-2007.pdf
January 01, 2007 - We used prevailing average monthly medication costs for major health plans in
our region, corresponding … Similar to the cost analysis, the “ever Zix” variable
measured the impact of having a high prescribing … Based on
average costs for private insurers, we estimated that full adoption of e-prescribing with FDS … Estimated savings with e-prescription under various cost assumptions
Tier 1
cost
Tier 2
cost … $ 7,814,614 $ 4,752,164 $ 1,689,714
Table 7 displays the results for a range of average costs
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digital.ahrq.gov/health-it-tools-and-resources/health-it-bibliography/computerized-provider-order-entry-cpoe-system-2
August 16, 2021 - Computer Physician Order Entry: Benefits, Costs, and Issues
Information technology has consistently … to: a substantial decrease in the overuse, underuse, and misuse of health care services; decrease in costs … The costs of implementing CPOE are substantial both in terms of technology and organizational process … Jul 1 Volume: 139 Issue: 1 Page Number: 31-39 Link: Computer Physician Order Entry: Benefits, Costs
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digital.ahrq.gov/health-it-tools-and-resources/evaluation-resources/workflow-assessment-health-it-toolkit/all-workflow-tools/cycle-time-chart
January 01, 2023 - In addition, it may demonstrate the costs associated with each step as well as whether the steps add … Possibilities include: cost of each step, overall cost, and whether or not a step is value added.
4 … past the highest cost. … past the total cost. … Can also show value and costs.