| Health care organizations are seeing productivity | | | | website. This can help attract new business |
| improvements through the automation of medical | | | | thereby reducing the load on the office staff. |
| records. Tasks such as pulling and filing patient | | | | Going paperless with an EMR also allows the |
| paper charts are becoming replaced with the point | | | | organization to free up office space for treatment |
| and click functionality of EMRs. End-of-day | | | | and sometimes allowing for an extra associate. |
| reporting activities can be generated directly from | | | | Improving the coding and billing process can |
| the EMR system. | | | | increase insurance reimbursement leading to |
| 1. Increased Productivity | | | | increased revenue. Being able to monitor a |
| Health care organizations are seeing productivity | | | | patients' treatment plans and filing documentation |
| improvements through the automation of medical | | | | at the appropriate time can also help maximize |
| records. Tasks such as pulling and filing patient | | | | reimbursement, allow a practice to run more like |
| paper charts are becoming replaced with the point | | | | an efficient business. |
| and click functionality of EMRs. End-of-day | | | | 3. Avoidance of costs |
| reporting activities can be generated directly from | | | | Implementing an EMR can help reduce expenses |
| the EMR system. Laboratory and imaging results | | | | such as paper charts, poor documentation and |
| are placed directly into the EMR providing access | | | | high malpractice premiums. Transcription costs can |
| to users in one place. Diagnostic devices can | | | | also be reduced as an EMR can provide you with |
| report information directly into the EMR eliminating | | | | easier means for patient documentation and |
| the need to fill out different forms. | | | | report writing, with things such as voice |
| 2. Increased Revenue | | | | recognition software. Providers spend as much as |
| Physicians can realize increased revenue through | | | | $1500 each month on such costs. Offices can also |
| better coding recommendations and providing | | | | avoid expensive medications by offering patients |
| physicians with the ability to offer new services | | | | more cost effective alternatives. High quality |
| to patients. EM level coding assistance can be a | | | | documentation and drug prescription alerts can |
| huge financial benefit to family, pediatric, and | | | | lead to lower malpractice insurance premiums. |
| internal medicine practices. In a recent study by | | | | 4. Increased Profits |
| the Medical Economics Magazine, it was stated | | | | Increased profits as a result of improved care, |
| that physicians not coding to the maximum EM | | | | patient satisfaction, and office image are very |
| levels could be losing $40,000 to $50,000 annually. | | | | difficult to quantify. All of these factors lead to |
| Many EMR vendors allow patients to schedule and | | | | increased referrals and patient retention which in |
| cancel appointments, view medical information, | | | | turn result in increased profits. |
| and complete forms via the health organization's | | | | |