The Veterans Affairs Department has invested more than $4 billion on its Veterans Health Information System and Technology Architecture (VistA) during the last two decades. But the payback the department has received has pretty much exceeded those costs, Health Affairs Journal reported in its April issue. As of 2007, VistA's savings and benefits totaled about $3 billion more than the amount VA has invested in it, according to the Health Affairs study, which was conducted by the Center for IT Leadership at Partners Healthcare in Boston. -->-->-->
In comparing health IT within the Department of Veterans Affairs (VA) to the standards in the private sector, researchers from the Center for IT Leadership in Charlestown, Mass., determined that the VA spent proportionately more on IT than the private healthcare sector spent, but it achieved higher levels of IT adoption and quality of care. The study, appearing in the April edition of HealthAffairs, estimated the potential value of the VA’s health IT investments to be approximately $3.09 billion in cumulative benefits net of investment costs. The investments, consisting of EHRs, radiological imaging and laboratory and medication ordering and administration, known as the Veterans Health Information Systems and Technology Architecture (VistA), is associated with significant reductions in unnecessary and redundant care, process efficiencies and improvements in care, said Colene M. Byrne, senior analyst and lead author of the study.
Through a benchmarking analysis, the authors sought to compare levels of health IT system adoption by the VA to the private sector, as well as whether this adoption is associated with changes in the care process and the level of health IT spending that is necessary to sustain adoption. -->-->-->
Anyone who follows health IT knows that the Department of Veterans Affairs often gets high marks for being an early adopter of electronic medical systems in the U.S. Now a study in Health Affairs tries to put a price-tag on what the VA systems collectively called Vista, for Veterans Health Information Systems and Technology Architecture. The bottom line: “We conservatively estimate that the VA’s investments in the four health IT systems studied yielded $3.09 billion in cumulative benefits net of investment costs by 2007,” say the authors, a team from Center for IT Leadership at Partners Healthcare in Charlestown, Mass. The results looks at measures such as reduced workloads, freed workspace and savings from items such as unneeded medical tests and avoided hospital admissions. -->-->-->
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