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Healthcare leaders urged to adopt Value on Investment over ROI for tech success

Healthcare leaders often misunderstand technology investments by focusing solely on financial return on investment (ROI), neglecting broader impacts. A doctoral study found that successful technology adoption hinges on a "value-on-investment" (VOI) approach, which considers factors beyond cost, such as clinician burnout and patient outcomes. Key to this is robust governance that aligns technology with organizational strategy and continuous value measurement that treats investments as iterative learning processes. AI

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IMPACT Suggests a shift in how healthcare organizations should evaluate technology investments, emphasizing broader value beyond financial returns.

RANK_REASON This is an opinion piece by a named individual discussing strategic approaches to technology investment in healthcare, not a release of new technology or a policy change.

Read on Forbes — Innovation →

Healthcare leaders urged to adopt Value on Investment over ROI for tech success

COVERAGE [1]

  1. Forbes — Innovation TIER_1 · Bashir Agboola, Forbes Councils Member ·

    Beyond ROI: What Healthcare Leaders Get Wrong About Technology Investment

    Healthcare technology investment success is not about which technologies are chosen, but how the decision to invest is approached in the first place.