Cost Benefits of EMR / EHR
Besides improving care for patients, another advantage of EMR integration is that it can reduce costs for physicians. Unnecessary staff expenses and storage costs are eliminated with electronic medical records storage because they take up less space and are more easily accessible than paper versions. Additionally, the cost of medical record chart materials are replaced by inexpensive maintenance costs, which helps pay for the investment over time.
A 2003 study by the University of California that focused on solo and small group physicians found that though results greatly varied, some physicians saved up to $20,000 per year through electronic medical record systems adoption.
“More successful users decreased transcriptionist, medical records, data entry, billing, and receptionist costs,” states the report.
About 42 percent of active family doctors have already installed at least preliminary electronic medical record systems, according to surveys and estimates by the American Academy of Family Physicians, a professional and advocacy group. Though not all physicians have seen the benefits of electronic medical records implementation promoted by the government, many firms have begun to leverage the advantages of EMR, bringing their patients higher quality care for less cost.
“I’ll never go back to the old system,” Dr. Jennifer Brull, a family doctor in rural Kansas, told the New York Times. “I can always look at the records by Internet, whether I am seeing patients at the nursing home or a clinic or the hospital, or even when I’m as far away as Florida. The change has been tremendously beneficial for my productivity.”
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