This Week's Challenge: In the new landscape of accountable and value-based healthcare, patient registries are a straightforward tool for creating realistic views of clinical practices, patient outcomes, provider performance, safety and comparative effectiveness and for supporting evidence-based medicine development and decision-making. We wanted to see what ROI is generated from patient registry use.
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What We Learned: The Healthcare Intelligence Network's e-survey on registry use for quality improvement, administered in August 2011, captured how 105 healthcare organizations are using patient registries currently and in the future, and the impact registries have on healthcare quality, efficiency and cost. According to survey respondents, the ROI generated from patient registries is:
- None: 3.1 percent
- Between 2:1 and 3:1 ROI: 9.4 percent
- Between 3:1 and 4:1 ROI: 3.1 percent
- Between 4:1 and 5:1 ROI: 0 percent
- Between 5:1 or greater ROI: 6.3 percent
- Don't know: 37.5 percent
- Too early to tell: 34.4 percent
- Other: 6.3 percent
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Excerpted from 2012 Benchmarks in Patient Registry Use for Accountable Care, which provides actionable data from more than 100 healthcare companies on their current and planned use of registries and the impact of registry use on healthcare quality, efficiency and cost.