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Information System Implications on Health Plans
By Douglas B. Sherlock; MBA, CFA
Messrs. and Mesdames
Attached, please find the February 2009 edition of our Health Plan Management Navigator.
Link: sherlock-company
The Sherlock Expense Evaluation Report
In this month’s edition, we endeavor to better understand the functional area of information systems [IS] and its implications on health plans. Information systems, based on the results from out 2008 Sherlock Expense Evaluation Report (SEER) displayed overall anti-scalability in costs. In order to better comprehend IS and its influence on health plans overall, we performed numerous analyses that looked at relationships between IS and other aspects, such as scalability, variety of product offerings, commitment to ASO products and other functional areas.
Assessment
The results suggest that scale does not appear to play a role in IS costs and that more of a concentration in ASO products seemed to lower IS costs. It also appears that management of information systems, in the context of its support to other functional areas, is an inexact science.
Conclusion
Additional information about SEER is available at www.sherlockco.com/seer.shtml or; by contacting me at: sherlock@sherlockco.com
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Filed under: Breaking News, Health Economics, Health Insurance, Healthcare Finance, Information Technology, Managed Care, Monthly Reports | Tagged: ASO, Douglas B. Sherlock, health information systems, HIT, HMO, Loyola College, MCO, PPA, Sherlock Company, Sherlock Expense Evaluation Report |
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