The Impact of Information Technology

The Impact of Information Technology

Author: Nirup M. Menon

Publisher: Routledge

ISBN: 9781136752308

Category: Business & Economics

Page: 100

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First published in 2000. This book addresses the measurement of the effect of information technology (IT) investments on a firm's productivity. Determining a quantifiable impact of a firm's IT has plagued senior executives, researchers, and policy-makers for several years, as evidenced by articles in trade magazines such as Fortune and Businessweek and in academic journals such as Management Science. Simple statistical techniques for measuring IT impact in a firm are fraught with methodological problems, as these techniques do not account for either the causal direction in managerial decision making or the behavioral assumptions about firms. Therefore, such studies have led to results and inferences that are not generalizable. While studies that measure the satisfaction of people who use IT are important, management typically would like to know whether IT has reduced operation costs by streamlining processes or increased revenues by increasing the demand-meeting capability of the firm. This book attempts to determine cost-reduction or output-enhancement that may be linked to IT investments through methodological sophistication. The healthcare industry presents an important and interesting context in which to study IT impacts for several reasons. First, since the implementation of the Prospective Payment System (PPS) by Medicaid, most hospitals adopted cost containment measures, and hence capital investments in hospitals have come under greater scrutiny than ever before. Second, hospitals have been more thorough in reporting capital and labor expenses and revenues (due to state regulation) at a level of detail that makes it possible to aggregate IT and other capital investments without serious measurement error. Most non-healthcare firms do not collect or report such data in their financial statements. Finally, though hospitals were slow in IT adoption, most hospitals have been acquiring sophisticated hardware and software over the past few years. Results of the analysis bear evidence of the positive impact of IT on production of healthcare services. It also shows how methodological differences can lead to conflicting results. The effect of PPS determined in a comparative way shows that the economic behavior in the post-PPS differs from that in the pre-PPS years.
The Impact of Information Technology
Language: en
Pages: 100
Authors: Nirup M. Menon
Categories: Business & Economics
Type: BOOK - Published: 2020-03-26 - Publisher: Routledge

First published in 2000. This book addresses the measurement of the effect of information technology (IT) investments on a firm's productivity. Determining a quantifiable impact of a firm's IT has plagued senior executives, researchers, and policy-makers for several years, as evidenced by articles in trade magazines such as Fortune and
Impact of Information Technology
Language: en
Pages: 183
Authors: Yaacov Katz, Daniel Millin, Baruch Offir
Categories: Business & Economics
Type: BOOK - Published: 2016-01-09 - Publisher: Springer

The aim of this book is to present readers with state-of-the-art options which allow pupils as well as teachers to cope with the social impacts and implications of information technology and the rapid technological developments of the past 25 years. The book explores the following key areas: the adaption of
Impact of Information Technology on Battle Command
Language: en
Pages: 41
Authors: George E. Dodge
Categories: Command of troops
Type: BOOK - Published: 1998 - Publisher:

"The possible effects of information technology insertion on organizations and their personnel are derived from an analysis of published management science and business literature. Two major points are developed. First, many factors other than the technical potential of a given information technology interact with one another and with the technology
Effects of Information Technology on Financial Services Systems
Language: en
Pages: 91
Authors: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Categories: Financial institutions
Type: BOOK - Published: 1984 - Publisher:

Books about Effects of Information Technology on Financial Services Systems
Informational technology and its impact on American education.
Language: en
Pages:
Authors: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Categories: Financial institutions
Type: BOOK - Published: - Publisher: DIANE Publishing

Books about Informational technology and its impact on American education.