Innovation Lifecycle Management: Return on Health

Return on Health (RoH) in healthcare refers to the financial value generated from investments in health-related programs and initiatives. It is a measure of the financial benefits or savings generated by a program or initiative, relative to the costs of implementing it. RoH is typically measured in terms of cost savings, improved productivity, and improved health outcomes.

RoH can be applied to a wide range of healthcare programs and initiatives such as preventative care, chronic disease management, and telemedicine. For example, a telemedicine program that allows patients to consult with physicians remotely may generate RoH by reducing the need for in-person visits and improving patient outcomes, which in turn reduces healthcare costs. Similarly, a program focused on preventative care may generate RoH by reducing the need for more costly treatments down the line.

Measuring RoH can be challenging, as it requires taking into account both the costs and benefits of a program or initiative over time. However, it is an important consideration for healthcare organizations as it helps them to understand the financial value of different programs and make informed decisions about where to allocate resources.