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Healthcare Providers HIT Value Model
Healthcare IT Value Model
Investment in healthcare IT (HIT) can improve access to high-quality, cost-efficient healthcare. But does it deliver financial benefits to the hospitals and clinics making those investments?
To help answer that question, we have collaborated with healthcare leaders to develop the Intel HIT Value Model—a straightforward, conceptual model for discussing and measuring the impact of HIT investments. Practical and industry-tested, the Intel HIT Value Model can help organizations evaluate both the potential and actual benefits of HIT investments approach—and it shows that comprehensive, well-implemented HIT initiatives can help hospitals, clinics, and healthcare systems achieve core business objectives and produce a significant bottom-line impact.
The HIT Value Model is an evolution of an approach that Intel developed to establish and refine its own IT investment strategies. It uses an intuitive framework of value drivers and performance indicators to help you identify measurable changes. Typical value drivers for healthcare IT investments pertain to patient safety, quality of care, labor productivity, labor satisfaction, revenue enhancement, cost optimization and patient access.
Benefits are measured as improvements over a current baseline. The focus is on quantifiable benefits that produce a financial impact.
- Make data-driven investment decisions
- Build the business case for proposed HIT investments
- Understand and evaluate the impact of HIT-enabled initiatives
- Manage HIT-enabled change more effectively
- Communicate your successes and generate support for follow-on projects
- Accelerate progress in achieving the benefits of healthcare IT
Intel offers a set of free resources based on the HIT Value Model as well as advisory services to organizations that want to conduct a customized analysis. Contact your Intel representative to learn more and see a demonstration.
- Read the HIT Value Model whitepaper (PDF 279KB)
The Benefits of IT-enabled Care Transformation article reprint
Get an in-depth view of Banner Estrella Medical Center’s IT-enabled care transformation process and how they standardized clinical applications, workflows, clinical protocols and culture-change initiatives across all its facilities. And read how the business value was measured using the Intel® Healthcare IT Value Model.
- Read the article reprint (PDF 188KB)
Determining the Benefits of Care Transformation and IT Implementation - Case Study
Roger Kropf, PhD, Professor of Health Management at NYU’s Wagner School of Public Service provides a case study of Banner’s Care Transformation process and a review of Intel's Healthcare IT Value Model.
- Read the case study (PDF 995KB)
The business value of HIT
IT-enabled care transformation enhances care and nets a $1.6M annual impact for Banner Health, one of the largest U.S. nonprofit healthcare systems.
- Read the case study (PDF 387KB)
