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The Trillion Dollar Conundrum: Complementarities and Health Information Technology / David Dranove, Christopher Forman, Avi Goldfarb, Shane Greenstein.
- Format:
- Book
- Author/Creator:
- Dranove, David.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w18281.
- NBER working paper series no. w18281
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2012.
- Summary:
- We examine the relationship between the adoption of EMR and hospital operating costs. We first identify a puzzle that has been seen in prior studies: Adoption of EMR is associated with a slight cost increase. We draw on the literature on IT and productivity to demonstrate that the average effect masks important differences across time, locations, and hospitals. We find: (1) EMR adoption is initially associated with higher costs; (2) At hospitals with access to complementary inputs, EMR adoption leads to a cost decrease after three years; (3) Hospitals in unfavorable conditions experience increased costs even after six years.
- Notes:
- Print version record
- August 2012.
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