Shiny Object Syndrome: How to Evaluate Innovation ROI Effectively

Shiny Object Syndrome: How to Evaluate Innovation ROI Effectively

Monday, March 3, 2025 3:10 PM to 3:55 PM · 45 min. (US/Pacific)
AMDIS/HIMSS Physicians’ Executive Forum

Information

This session is part of the AMDIS/HIMSS Physicians' Executive Preconference Forum and requires additional registration.


With substantial time and money on the line, how can healthcare organizations truly assess the ROI of new innovations? This session dives deep into the critical aspects of governance, investment challenges, and avoiding the allure of shiny object syndrome. We’ll discuss practical strategies for cutting through hype—particularly when evaluating vendors, especially in the AI space. Learn how to tie investments directly to meaningful outcomes, navigate governance complexities, and uncover the real cost-benefit equation of adopting new technologies. Key discussions will include how to clearly define the problem you're solving and justify why a specific innovation is the right approach.

Topic
Artificial Intelligence/Machine LearningEmerging TechnologiesWorkforce of the Future
Target Audience
Clinical InformaticistCMIO/CMOPhysician or Physician’s Assistant
CEU Type
CAHIMSCMECPDHTSCPHIMSPMI/PDU
Learning Objective #1
Evaluate the return on investment (ROI) of healthcare innovations by assessing governance frameworks and investment strategies to distinguish meaningful advancements from overhyped solutions.
Learning Objective #2
Critically assess vendor proposals, with a focus on AI technologies, to determine the true value and impact on organizational outcomes, ensuring alignment with strategic goals and cost-effectiveness.
Learning Objective #3
Formulate a strategic approach to innovation that justifies the selection of technologies by clearly defining the problem being addressed and articulating why a particular solution is most effective.
Session #
PEF-9

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