Case for Investment
Q2. What Potential Value Does SNOMED CT Provide to a Country?
S N OME D C T
Case for Investment Productivity (Model 1)
validated by
Disease Prevention (Model 2) Patient Safety (Model 3)
Data from Five Studies
Data from Model 1 FULL REPORT
Cost savings from improvements in inpatient nursing time, lab tests, drug utilization, length of stay and medical records; plus outpatient transcription use, chart pulls, lab/radiology tests, & drug utilization.
Reduction in adverse drug events, inpatient bed days, and deaths avoided from CPOE use.
BCM & IRR (Model 4) Impact on GNI (Model 5)
Reduced bed days, workdays missed, as well as increased deaths avoided and life years gained from immunizations and cancer screening.
The Benefits Cost Multiple and the Internal Rate of Return from investing in clinical information systems and interoperability solutions.
The average annual increase to a nation’s GNI as a result of the investments in clinical information systems and interoperability solutions
SNOMED CT Break-Even Analysis
