Will an upfront investment in an EMR produce a return?
How long will it take for an electronic health records system to pay for
itself?
Is there a business case for
electronic medical records?
Will an upfront investment in an EMR produce a return?
How long will it take for an electronic health records system to pay for
itself?
Return on investment (ROI) in an EMR can be achieved in several phases:
In the first phase immediate improvement will be experienced through:
Improvement in operational efficiencies
Workflow automation
Overhead costs
Reduction in professional liability rate
Standard care protocols will be implemented
Order management control
Control
Clients
experience quality improvements
Compliance with regulatory requirements
Reduced exposure to risk
Increased clinic productivity
Ability to make decision
at the point of care
Phase III
The longer term improvements In the third phase will transform the practice's operations:
Manage the business of delivering care efficiently and cost-effectively
Provide more responsive care to an increasingly selective consumer
Competitive advantage
