Wearable Tech "The Next Big Thing"
(Editor's Note: Dan Munro is a contributing editor to Forbes. His columns are collected under the heading, "The HealthCare Compass.)
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(Editor's Note: Dan Munro is a contributing editor to Forbes. His columns are collected under the heading, "The HealthCare Compass.)
Interesting story for hospital
There’s good reason to be bullish. At a health conference last year – the CIO of a teaching hospital shared a provocative statistic that his organization had uncovered in their ROI analysis of a large iPad purchase. At the time, the hospital was debating the merits of such a large financial commitment – so they tasked the CIO to do a crude ROI analysis to justify the sizable expense. Was the ROI 6 months – or maybe a year? The (unscientific) results were jaw dropping. Using some crude calculations around workflow and time-motion analysis the CIO calculated the ROI for an iPad in their hospital would be 9 days. That’s right – 9 days."