The Impact of Information Technology: Evidence from the Healthcare Industry by N

Description: The Impact of Information Technology by Nirup M. Menon First Published in 2000. Routledge is an imprint of Taylor & Francis, an informa company. FORMAT Paperback CONDITION Brand New Publisher Description First published in 2000. This book addresses the measurement of the effect of information technology (IT) investments on a firms productivity. Determining a quantifiable impact of a firms IT has plagued senior executives, researchers, and policy-makers for several years, as evidenced by articles in trade magazines such as Fortune and Businessweek and in academic journals such as Management Science. Simple statistical techniques for measuring IT impact in a firm are fraught with methodological problems, as these techniques do not account for either the causal direction in managerial decision making or the behavioral assumptions about firms. Therefore, such studies have led to results and inferences that are not generalizable. While studies that measure the satisfaction of people who use IT are important, management typically would like to know whether IT has reduced operation costs by streamlining processes or increased revenues by increasing the demand-meeting capability of the firm. This book attempts to determine cost-reduction or output-enhancement that may be linked to IT investments through methodological sophistication. The healthcare industry presents an important and interesting context in which to study IT impacts for several reasons. First, since the implementation of the Prospective Payment System (PPS) by Medicaid, most hospitals adopted cost containment measures, and hence capital investments in hospitals have come under greater scrutiny than ever before. Second, hospitals have been more thorough in reporting capital and labor expenses and revenues (due to state regulation) at a level of detail that makes it possible to aggregate IT and other capital investments without serious measurement error. Most non-healthcare firms do not collect or report such data in their financial statements. Finally, though hospitals were slow in IT adoption, most hospitals have been acquiring sophisticated hardware and software over the past few years. Results of the analysis bear evidence of the positive impact of IT on production of healthcare services. It also shows how methodological differences can lead to conflicting results. The effect of PPS determined in a comparative way shows that the economic behavior in the post-PPS differs from that in the pre-PPS years. Author Biography Nirup M. Menon Table of Contents List of Figures, List of Tables, Preface, 1 Introduction, 2 Productivity Literature, 3 The Healthcare Industry, 4 Empirical Data, 5 Production Theory and Productivity Analysis, 6 Policy Changes and IT Investments, 7 Non-parametric Productivity Analysis, Appendix A, References, Index Details ISBN1138997919 ISBN-10 1138997919 ISBN-13 9781138997912 Format Paperback Author Nirup M. Menon Publisher Taylor & Francis Ltd Imprint Routledge Subtitle Evidence from the Healthcare Industry Place of Publication London Country of Publication United Kingdom DEWEY 362.10285 AU Release Date 2021-09-30 NZ Release Date 2021-09-30 Year 2021 Pages 106 Publication Date 2021-09-30 UK Release Date 2021-09-30 Alternative 9780815334477 Audience Postgraduate, Research & Scholarly We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:135460685;

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