Quantum operations provide a general description of the state changes allowed by quantum mechanics. The reversal of quantum operations is important for quantum error-correcting codes, teleportation, and reversing quantum measurements. We derive information-theoretic conditions and equivalent algebraic conditions that are necessary and sufficient for a general quantum operation to be reversible. We analyze the thermodynamic cost of error correction and show that error correction can be regarded as a kind of ``Maxwell demon, for which there is an entropy cost associated with information obtained from measurements performed during error correction. A prescription for thermodynamically efficient error correction is given.
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