Project Management

P3 Healthcare ICT Investment Model : A How-To Guide for Executives and Healthcare Boards

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Executive Summary

Every day, all over the world, health departments, hospital boards, CEOs, and healthcare investment bodies make decisions about healthcare funding. Most view healthcare Information and Communications Technology (ICT) - including clinical, administrative, diagnostic, and imaging technologies - as a black hole that swallows millions of investment dollars with limited, visible returns. The relevance of healthcare ICT investment is not understood widely, and, in many cases, decision makers view ICT strategies as IT-centric and lacking in clinical relevance. This paper proposes a model called P3 that will increase the visibility of returns on healthcare ICT investments and provide healthcare funders with a framework that guides them in making the right ICT investment decisions.

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