Electronic health information exchanges could cut billions in Medicare spending
Health Information Exchanges (HIEs), which are typically nonprofit technology companies that make it possible for hospitals and health providers to share medical data, are beginning to show their promised value to the health care system, according to "Reducing Medicare spending through electronic health information exchange: The role of incentives and exchange maturity," forthcoming in Information Systems Research by Idris Adjerid and Corey Angst, IT professors in Notre Dame's Mendoza College of Business, and Julia Adler-Milstein of the University of California San Francisco. Many HIEs were created because hospitals needed better ways to exchange medical data. Photocopying, mailing and faxing records were inefficient. The research shows that when HIEs appear in regional markets, there are massive cost savings. For that very reason, there is long-standing interest in implementing HIEs nationally. "We are the first to use nationally representative samples and r...