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The Diffusion and Value of Healthcare Information Technology
This report characterizes the diffusion of use of electronic health records (EHRs). The author uses interviews and surveys and a literature review to investigate whether healthcare is expected to duplicate the gains enabled by information technology seen in several prominent industries. To accomplish this, the following questions are asked: What is the current diffusion of health information technology? How does EHR diffusion compare to innovations in other industries? What is such diffusion worth to society? What should the government do, if anything, to speed the adoption of EHRs?
Essays in the Economics of Procurement
"The separate essays in this volume summarize earlier RAND reports and reprint articles that have appeared in the professional literature"--Pref.
Essays in the Economics of Procurement
"The separate essays in this volume summarize earlier RAND reports and reprint articles that have appeared in the professional literature"--Pref.
Statistical Forecasting of Bankruptcy of Defense Contractors
Declining revenues in the defense industry may eventually result in bankruptcies. This report considers whether a model could reliably predict defense contractors' bankruptcy. The authors find that models based on multivariate discriminant analysis or multiple linear regression analysis using financial data from nondefense firms are unlikely to perform well for defense firms. An approach using securities market information also appears unlikely to predict accurately. The authors conclude that subjective methods of pro forma analysis and expert financial judgment remain more promising. However, they suggest that methods unreliable for estimating bankruptcy probabilities might be reliable enough to rank companies according to these probabilities. They also recommend that those attempting to develop objective models consider using bond yields and accounting data as predictor variables.
