Information value chain theory provides a straightforward approach to information system evaluation and design. It first separates the different benefits and costs that might be associated with the use of a given information technology at different stages along a value chain stretching from user interaction to real world outcome. Next, using classical decision theoretic measures such as probabilities and utilities, the resulting value chain can be used to create a profile for a particular technology or technology bundle. Value chain analysis helps focus on the reasons for system implementation success or failure. It also assists in making comparative assessments amongst different solutions, to understand which might be best suited for different clinical contexts.
|Title of host publication||Applied interdisciplinary theory in health informatics|
|Subtitle of host publication||a knowledge base for practitioners|
|Editors||Philip Scott, Nicolette de Keizer, Andrew Georgiou|
|Place of Publication||Amsterdam|
|Number of pages||14|
|Publication status||Published - 2019|
|Name||Studies in Health Technology and Informatics|
Bibliographical noteCopyright the Author(s) and IOS Press 2019. Version archived for private and non-commercial use with the permission of the author/s and according to publisher conditions. For further rights please contact the publisher.
- Information technology
- Value of information