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Maximizing HIE Value: A Comprehensive Tool for Implementation and Analysis

The HIE Value Tool, presented by Guy D'Andrea from Discern Consulting, provides a structured approach to assess the value of Health Information Exchanges (HIEs). Key features include defining the HIE space, adjusting for risks, and evaluating community support. With inputs on data exchange functions and implementation costs, this tool calculates both overall and stakeholder-specific costs and savings. It aids in identifying optimal HIE functions, evaluating risks, and understanding critical success factors for successful HIE projects.

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Maximizing HIE Value: A Comprehensive Tool for Implementation and Analysis

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  1. HIE Value Tool Presented by: Guy D’Andrea President, Discern Consulting March 28, 2007 January 26, 2006

  2. HIE Value Tool – Key Features • Allows users to define the “HIE space” • Adjusts for risk • Level of community support for HIE • Complexity of HIE implementation • Uncertainty of estimates for each variable • Allows multiple value-drivers for each function • Looks at performance over time • Generates stakeholder-specific outputs January 26, 2006

  3. HIE Value Engine - Inputs • What functions will the HIE undertake? • Who will exchange data? • For what purposes? • What are the costs to implement and maintain HIE? • Overall and for specific functions • By whom? • Includes fees paid to the HIE January 26, 2006

  4. HIE Value Engine - Inputs • How will each HIE function create value? • Avoided redundancies • Lower costs • Fixed • Variable • Marketing advantage • Clinical benefits January 26, 2006

  5. HIE Value Engine - Outputs • Overall system savings/costs • Savings/costs for individual stakeholder groups • Savings/costs associated with each individual function January 26, 2006

  6. HIE Value Engine - Uses • Develop optimal mix of HIE functions to maximize overall value • Evaluate project risk factors • Identify “winners” and “losers” in HIE implementation • Determine variables most critical to project success January 26, 2006

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