How Adopting EHR Can Save Money $$

A national survey of doctors found that many health care providers discovered that electronic health records (EHRs) help improve medical practice management by increasing practice efficiencies and cost savings.

  • 79% of providers report that with an EHR, their practice functions more efficiently
  • 82% report that sending prescriptions electronically (e-prescribing) saves time
  • 68% of providers see their EHR as an asset with recruiting physicians
  • 75% receive lab results faster
  • 70% report enhances in data confidentiality

According to Bell, B. & Thornton, K. (2011), based on the size of a health system and the scope of their implementation, benefits for large hospitals can range from $37M to $59M over a five-year period in addition to incentive payments.

Electronic Health Records Create More Efficient Practices

  • Improved medical practice management through integrated scheduling systems that link appointments directly to progress notes, automate coding, and managed claims
  • Time savings with easier centralized chart management, condition-specific queries, and other shortcuts
  • Enhanced communication with other clinicians, labs, and health plans through:
  • Easy access to patient information from anywhere
  • Tracking electronic messages to staff, other clinicians, hospitals, labs, etc.
  • Automated formulary checks by health plans
  • Order and receipt of lab tests and diagnostic images
  • Links to public health systems such as registries and communicable disease data bases

Electronic Health Records Reduce Duplication of Testing

  • Less utilization lowers cost

Electronic Health Records Reduce Paperwork

  • EHRs can reduce the amount of time providers spend doing paperwork
  • Administrative tasks that are streamlined thus significantly decreasing costs
  • EHRs can deliver information in additional directions. EHRs can be programmed for information that needs to be shared with public health agencies or for the purpose of quality measurement.

MMY Consultants understand the ends and outs of the EHR systems. Let us help you start saving money $$ today.