Beyond the Price Tag Understanding the True Cost of Digital Health Tools
Date
May 2023
Total Cost of Ownership (TCO) is a cost calculation method that, when applied to the field of digital solution implementation, provides a final figure that reflects not only the cost of acquisition (buy, build or adapt) but also those related to the use, maintenance and closure of such solution. Total cost of ownership analysis is a financial estimate of all the direct and indirect costs of acquiring, commissioning, operating, maintaining and disposing of a product or system.
