2006
DOI: 10.1197/jamia.m1984
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Return on Investment for a Computerized Physician Order Entry System

Abstract: Other hospitals may be able to save money and improve patient safety by investing in CPOE systems.

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Cited by 215 publications
(160 citation statements)
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“…Because CPOE is so expensive, the return on investment for implementing it is of great public and policy interest. A recent study done by Kaushal et al showed that in the case of a 720-bed tertiary referral teaching hospital over 10 years cumulative net savings of $28.5 million are met by a $16.7 million net operating budget resulting in savings of $9.5 million, although it is unclear how these results would translate to the community setting 21 . Another point is the reduction of LOS by preventing ADEs.…”
Section: Discussionmentioning
confidence: 99%
“…Because CPOE is so expensive, the return on investment for implementing it is of great public and policy interest. A recent study done by Kaushal et al showed that in the case of a 720-bed tertiary referral teaching hospital over 10 years cumulative net savings of $28.5 million are met by a $16.7 million net operating budget resulting in savings of $9.5 million, although it is unclear how these results would translate to the community setting 21 . Another point is the reduction of LOS by preventing ADEs.…”
Section: Discussionmentioning
confidence: 99%
“…The three studies all reported monetary outcomes specifically related to medicines (table 2), of which two investigated the financial impact of reducing preventable adverse drug events [19,20]. The third measured savings related to various aspects of a CPOE system and displayed a breakdown of savings associated with different aspects including those related to medicines [21].…”
Section: Economic Impact Assessmentmentioning
confidence: 99%
“…One study was conducted in the US [21], one in Canada [20] and one in the UK [19]. One [21] was based in a single tertiary care hospital and one in a multi-site healthcare institution [20].…”
Section: Study Characteristicsmentioning
confidence: 99%
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“…The American Recovery and Reinvestment Act of 2009 (ARRA)'s goal was to computerize all Americans health records by 2014 by dedicating nineteen billion dollars to the promotion of health information technology [4,5]. However, EHR systems also bring new liability and litigation risks such as the inappropriate use of the systems, privacy breaches, and inadvertent data disclosures, which in turn may impose heavy costs in terms of preservation of electronic information and potential litigation issues [6].…”
Section: Introductionmentioning
confidence: 99%