Article: Receiving is believing; ROI is the best kind of lab result. Lab managers who lobby for increased lab IT should know what types of return on investment to expect from an organization's financial investment.(Laboratory Information Systems)

While laboratory information systems (LIS) vary in scope and functionality, for the most part, an LIS should generate a return on investment (ROI) for the purchaser by saving time, reducing costs, minimizing errors and increasing revenue. But, lobbying for a new or replacement LIS and convincing management of that ROI remains a challenge for many laboratory managers.

Fortunately, more and more clinicians realize the value of information systems and are embracing electronic medical records (EMR) over the traditional paper records. From the laboratory manager's perspective, an increase in EMR system installations should make it easier to justify the need for and ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!