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HIT return on investment (ROI) is like prevention in health. Is it possible to measure value?...

HIT return on investment (ROI) is like prevention in health. Is it possible to measure value? How? Should you?

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The primary goal of the health information technology (HIT) is to promote health and to improve health outcomes and also it promotes health care quality and achieve health equity. Moreover, it reduces health care costs, decreases paperwork and unproductive work time.  

Return on investment (ROI) is used to measure the performance efficiency on a particular investment. They can be expressed by percentage or ratio.

The formula is, ROI = (Current value of investment - Cost of investment) / Cost of investment.

The other ROI factors are

a) transaction cost b)taxes c) time d) inflation and e) opportunity cost.

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