O. Heller et al., VALUE OF TECHNOLOGY INVESTMENTS IN HEALTH-CARE ORGANIZATIONS - A STOCHASTIC DECISION-MODEL, International journal of technology management, 1995, pp. 147-156
Citations number
20
Categorie Soggetti
Management,Engineering,"Operatione Research & Management Science
Hospitals are technology-based service organizations. In recent years,
medical equipment expenditures have increased as a percentage of the
total costs of health-care institutions. Hospitals need a rational inv
estment policy for technology acquisition that will take into consider
ation the value and contributions of the technology once implemented i
n the hospital. Medical technology is expensive and there is uncertain
ty when investing in it. This paper offers a preliminary stochastic mo
del to address the issue of how much a hospital should invest in techn
ology.