22) Getting An ROI Out of Your Healthcare Analytics Projects

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Bobbi Brown (Vice President, Financial Engagement Health Catalyst), Leslie Hough Falk, RN, MBA (Vice President Customer Success Health Catalyst), John Henderson (Director, Enterprise Systems Texas Children’s Hospital)

Session Overview

Hospitals and healthcare systems need a systematic approach and tools to demonstrate ROI from their healthcare improvement projects. In this session, we will share a four-step process for demonstrating ROI: 1) define the project and business need, 2) begin to quantify ROI, 3) recruit, train and plan, and 4) evaluate costs, revenue and direct benefits. We will also distribute a Clinical Improvement Financial tool and an Executive Communications tool as a template for estimating, calculating and communicating your ROI results, and share best practices from a leading health system on how they are demonstrating ROI results.

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