Wednesday, July 27, 2011

Health IT Boosts Bottom Line For Hospitals

According to a report from Fitch Ratings, hospitals with advanced health IT systems and a high quality of care achieve greater revenue growth, attend to more patients, enjoy a superior reputation for excellence, and are better able to contain costs. The study finds, in part:

"Health care providers are beginning to be able to more accurately measure the benefits of their investment in clinical IT and quality improvement programs on clinical outcomes and operating efficiencies and costs. Properly structured incentive systems, greater accountability, and increased transparency within the health care system have the potential to harness the power of advancements in IT and quality reporting to achieve the goals of health care reform."

To read the article, click here.