SNOMED CT Case for Investment - Final September 2021 - Flipbook - Page 20
EXECUTIVE SUMMARY
S N OME D C T
Potential Case for Investment
Productivity
(Model 1)
validated by
Disease
Prevention
(Model 2)
Patient
Safety
(Model 3)
Data from
Five Studies
Data from
Model 1
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 BreakEven Analysis