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

Cormac T. O'Sullivan, Franklin Dexter, David Lubarsky, Michael M. Vigoda

Research output: Contribution to journalArticle

15 Citations (Scopus)

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 (ie, 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 ore more likely to purchase the AIMS.

Original languageEnglish (US)
Pages (from-to)43-48
Number of pages6
JournalAANA Journal
Volume75
Issue number1
StatePublished - Feb 1 2007
Externally publishedYes

Fingerprint

Management Information Systems
Anesthesia
Personnel Staffing and Scheduling
Hospital Charges
Costs and Cost Analysis
Drug Costs
Anesthetics

Keywords

  • Anesthesia billing data
  • Anesthesia information management system
  • Automated anesthesia record
  • Electronic medical record anesthesia billing data

ASJC Scopus subject areas

  • Medicine(all)

Cite this

Evidence-based management assessment of return on investment from anesthesia information management systems. / O'Sullivan, Cormac T.; Dexter, Franklin; Lubarsky, David; Vigoda, Michael M.

In: AANA Journal, Vol. 75, No. 1, 01.02.2007, p. 43-48.

Research output: Contribution to journalArticle

O'Sullivan, Cormac T. ; Dexter, Franklin ; Lubarsky, David ; Vigoda, Michael M. / Evidence-based management assessment of return on investment from anesthesia information management systems. In: AANA Journal. 2007 ; Vol. 75, No. 1. pp. 43-48.
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