I’m in love with any tool that tries to understand the benefits of using healthcare IT. So, I’m completely intrigued by what the Center for Connected Health, Center for Technology and Aging, and the Carlifornia Healthcare Foundation are doing with this ROI Calculator for Heart Failure Monitoring.
Here’s a description of what they’re doing:
The Center for Technology and Aging (CTA) and the Partners HealthCare Center for Connected Health (CCH) developed a return on investment (ROI) evaluation tool to help health care organizations assess the intrinsic financial costs and benefits of RPM technologies. Aggregate findings from this evaluation will be used to identify the benefits of RPM technologies for patients, providers, and family caregivers; strategies for program deployment; lessons learned; and program outcomes, including program ROI.
Check out the step by step analysis of the ROI of such a program. I’d love to hear what others think of the tool.