Health Economics: Texts of Reference

Quickly achieve financial proficiency in your IT organization
Date: 2.06.2003

According to a recent Gartner survey of 620 CIOs, demonstrating the business value of IT continues to rank among the top five CIO priorities. In light of this, it’s not surprising that there's an increasing number of firms employing IT investment models that enable CIOs to monitor and manage IT investments in terms of business value. (more)

Projects: Breaking the ROI Barrier
Date: 23.05.2003

Establishing a definitive ROI business case has become a requirement for most software projects. In fact, many firms are finding that the decision to purchase an application is no longer in the business line manager's hands. More and more, the CFO or even the board of directors is insisting on granting approval for expenditures as low as US$1 million.(more)

IT Costs Vs. Revenues
Date: 04.11.2002

In the early '90s, I was a CIO for a healthcare billing company that was in a significant acquisition and growth mode. Watching Randy, our CEO, was a very interesting exercise. He would quiz operational VPs about the cause and effects of their P&L performance within the areas that they controlled. Randy always seemed to have a better grasp of the Memphis operation or the Philadelphia operation than the manager in charge of a region. It gave me a sense of urgency to understand the financial dynamics of the IT organization. (more)