A Study on the Economic Effects of the Healthcare Information Technology Industry.

Abstract

Objective: We firstly defined the Healthcare Information Technology Industry as the new industry and then analyzed it's National Economic Effects based on the Meta-phase Investment of Public Finance Plan. Methods: We took the In/Output Analysis of Inter-industry Relationships as the quantitative analysis method to analyze the affect on the Healthcare Information Technology Industry. Results: The EPI(Estimated Production Inducement) and the VAI(Value-Added inducement) were amounted to KRW 1.99 trillion and KRW 1.73 trillion each between 2006 and 2010. Moreover, the TEI(Total Employment Inducement) was estimated at about 2.9 thousand jobs during the same periods of time. Conclusion: We found the Economic Effects of the Healthcare Information Technology Industry contributed to the Core Growth Power of the overall a nation. In other words, it satisfied the desire of consumption on the healthcare and improved the quality of the life. (Journal of Korean Society of Medical Informatics 13-4, 321-333, 2007)