Transcription of Return on Investment Tool
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Toolkit for Using the AHRQ Quality Indicators How To Improve hospital Quality and Safety i Tool Return on Investment Estimation What is the purpose of this tool? When your hospital invests in a new program, quality improvement intervention, or technology, leaders often need to know what kind of financial Return the Investment will yield. A Return on Investment (ROI) analysis is a way to calculate your net financial gains (or losses), taking into account all the resources invested and all the amounts gained through increased revenue, reduced costs, or both. This tool provides a step-by-step method for calculating the ROI for a new set of actions implemented to improve performance on one or more of the AHRQ Quality Indicators (QIs). It also provides a case study of ROI calculated by a hospital for implementation of computerized physician order entry (CPOE).
How To Improve Hospital Quality and Safety. i Tool F.1 . Return on Investment Estimation . What is the purpose of this tool? When your hospital invests in a new program, quality improvement intervention, or technology, leaders often need to know what kind of financial return the investment will yield.
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