Radical interoperability in health care has been saved
Perspectives
Radical interoperability in health care
Measuring the impacts on care, cost, and growth
While not visible, radical data interoperability in health care can enable a whole new world of care delivery and patient empowerment. Understand the potential benefits of interoperability in health care and its impact on the future of health.
The benefits of interoperability in health care
Radically interoperable data is a foundational capability required to enable the delivery of patient-facing programs and associated technologies. When implemented correctly, it can enable a whole new world of care delivery and patient empowerment. In fact, the future of health will likely be defined by radically interoperable data , open yet secure platforms, and consumer-driven care.
As a cornerstone to enable data-sharing and insights for the systems and users of health care technology, interoperability return on investment (ROI) should be aligned to the potential larger technology benefits it could help generate.
Providers and plans are likely to see the highest ROI through the following:
- Reduction in administrative costs
- Increased efficiency of care delivery
- Reduction in the total cost of care
- Increased revenue and growth
Providers and plans are likely to see the highest ROI through the following:
Calculating the financial opportunity of interoperability in health care
The financial opportunity available to each organization is based on what capabilities they possess. However, there is a foundational core that must be in place to enable those capabilities. That core platform will continue to evolve as the market matures and the available solutions sitting on that core become more robust.
The benefits of interoperability in health care that can be realized will depend on specific variables and circumstances unique to the organization, so each one will have to build their own business case. In addition, organizations should understand they cannot do all of these at once (and maybe ever), so honing in on what capabilities can drive the greatest benefit is critical.
Download the PDF to see:
- Steps that organizations can take to begin making a business case for the required investments
- Key assumptions they should consider while making those calculations
- Some high-level calculations as a starting point for determining financial benefits
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