Title

Evidence-based management assessment of return on investment from anesthesia information management systems

Document Type

Article

Peer Reviewed

1

Publication Date

2-1-2007

Journal, Book or Conference Title

AANA Journal

NLM Title Abbreviation

Aana J

PubMed ID

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.

Keywords

Anesthesia/economics/methods, Evidence-Based Medicine, Fees and Charges, Humans, United States

Published Article/Book Citation

The definitive version was published in AANA Journal, 75:1 (2007) pp.43-48.

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URL

http://ir.uiowa.edu/nursing_pubs/1809