Employees

Return On Investment

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:

Phase I

In the first phase immediate improvement will be experienced through:

Phase II

Improvement in operational efficiencies
Workflow automation

Overhead costs reduction
Reduction in professional liability rate

Standard care protocols will be implemented
Order management control
Control & analyses of the results

Clients experience quality improvements
Compliance with regulatory requirements
Reduced exposure to risk

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