University of Iowa Recognized with HIMSS Davies Enterprise Award

November 24, 2014 - Through the use of EHR-enabled clinical workflows and standardized documentation, University of Iowa Hospital and Clinics significantly reduced adverse drug events and hospital acquired infections. With the use of almost 500 best practice alerts and analytics, UIHC significantly reduced instances of venous thrombosis, sepsis, pneumonia, and other clinical conditions. As result of improved documentation and secondary diagnosis capture, cost avoidance associated with improved clinical outcomes, and reduced mortality and length of stay, and incentives paid for quality improvements, UIHC has net cash flow of over $50 million from July of 2013 to June of 2014 attributable towards the use of information technology.

Focusing on a limited number of metrics, University of Iowa Hospital and Clinics generated a 159% return on our investment in year five following implementation, far surpassing the conservative pre-implementation predictions of a break-even point in seven years. This translates to $103 million in total savings after the first five years. Continue reading