Cost Of Cost Benefiting

Indicating the capital justification expenditures is vital for the return on investment of a Per Provider for Electronic Medical Record Implementation. Several key aspects are necessary to mention of the amount and type of expenditure, attainment of key decision criteria, and detailed financial analysis. Hospitals, clinics, and ambulatory care settings even have to indicate important capital expenditures. Factoring in risk is always crucial to consider as well as physician acceptance, competition from HCO’s and volume and market data increase. Health care organizations and universities should be maintaining increased ROI and consistently improving areas of risk and HCO’s aspects to be mentioned in further detail.

Electronic filing also cuts down on the space needed tremendously, they no longer need a huge room to store all patients files. It is also faster to find, update, and send electronic files. Last but not least, societal outcomes include being better able to conduct research and achieving improved population health. Although it seems there could be nothing wrong with EMR, there are potential disadvantages associated with this technology. These include financial issues, changes in workflow, temporary loss of productivity associated with EHR adoption, privacy and security concerns, as well as access.

The purpose of this paper is to review and summarize the literature on the pros and cons of electronic health record systems. This paper describes the many benefits of electronic health record systems, which include but are not limited to, less paperwork, increased quality of care, financial incentives, and increased efficiency and productivity. Organizational outcomes and societal benefits are also addressed. Despite the tremendous amount of benefits, studies in the literature highlight potential disadvantages of electronic health record systems. These disadvantages include privacy and security concerns, identity theft, data loss, financial issues, and changes in workflow, involving a temporary loss of productivity. Preventative measures that can be taken are addressed as well. Overall, people believe that the benefits of electronic health records can be realized when they are used correctly, and proper measures are taken to reduce any potential drawbacks.

Benefits Increase quality of care Bedside charting access Ability to access your patients records at one time All information in one place

The benefit of technology in healthcare can help improve quality of care and reduce adverse events. Kaiser Permanente invested in an electronic medical system to increase positive clinical outcomes. Implementation of the health information system would have three system functions. The first objective was to reduce operating cost by improving staff efficiency, reduce patient’s number of hospital days, and reduce adverse drug events and increase preferred prescription adherence. The second objective was to increase revenue which was accomplished by improving appropriate billed charges, improving coding accuracy for Medicare risk, and increase collections. Decreasing capital expenditures was the final function which was achieved by decreasing

Patient’s information is kept confidential and less likely to have a breach the HIPPA law. Having regular charting system, things can easily get lost. Pages can come out of the chart without knowing really knowing or noticing; personnel’s handwriting may not be legible, which cause confusing for other staff and billing, and the list can go on. With the electronic medical records, the need for paper would be less.

It can overall increase productivity and profit in the long-term. For instance, my workplace instills usage of electronic medical records for new and current patients for efficiency, productivity, and accuracy for the long-term of patients dental x-rays and health history. The costs involved are considerable and hard to calculate depending on the fees and licensing. According to, (Health Resources and Services Administration, 2016), a persistent problem is demonstrating a return on investment from an (EHR) implementation is often times challenging and may be even more difficult for smaller practices. The cost and effort involved from staff and management is difficult, but necessary to carry out productivity for implementation of (EHR). Every company practice is different and every practice must adapt to changes of implementing (EMR) for the duration of patient accuracy. Aside from the challenges, cost, and effort of implementing (EMR)’s in health care organizations, there is a desire to generate a return on investment (ROI) from them.

Not for benefits of comprehensive care or only having to learn one system for medical professionals but for medical research. With a universal electronic medical record public health would be able to track outbreaks of illnesses, researchers could see what medications are used for what illnesses and so on. Medicine is famous for serendipity, scientists notice some of the most profound medical discoveries when they aren’t even looking for them. Just last year it was discovered that if a woman takes beta blockers while receiving treatment for breast cancer they tend to live significantly longer. This was only discovered after retrospective studies were completed. Beta blockers and breast cancer have been around since the dawn of time but no one knew that one was beneficial in treating the other. If there was a universal electronic medical record system, key words could be typed in and all of the data and outcomes would be available

The EMR system is better for some doctors because it eliminates the unclear handwriting, thus cutting down on the unclear writing mistakes by doctors. The patients have been released from the hospital at a rate of at least one day earlier than the patients with paper records and these bills were almost $900.00 less than when they used the paper records. There have been many deaths each year because of the wrong medication being written on the prescription paperwork and a pharmacist misread the handwriting on the form. If this information is typed the chances of making a mistake are less. There are also EMR systems that diagnose diseases and treatments, which is another advantage. Just imagine how fast the patient can be healed if a computer program can predict the results of an illness by entering the symptoms such as a device that searches for glaucoma via computer generated images, the analyzing of mammograms and the ultrasound device to analyze lumps in a females breast that determine if it is benign or cancerous. Most of the time these computer systems have accuracy rate of 80% or more which is the last advantages that we will talk about today.

Cost of 401’s – we have 3,000 in inventory so 3,000 x 0.4 = 1,200

The benefits of the computerized medical records system do outweigh the cost involved in setting that system up. The new system will make them more efficient bringing in more patients,

I agree with you. The EDI does a lot to make everything run smoothly. There are a lot of benefits that electronics bring to the medical field.

Instead of using paper based records, technology allows physicians to use the electronic medical record (EMR) that improves the quality of programs. By using the EMR, this is not easy nor is it low cost. Physicians’ have to use this method as their daily task. There are some barriers that has been identified with the use of the EMR by the physicians we will discuss. There will be some suggestions made that might can help the policy interventions to overcome the barriers. This will include the support system of work/practice including electronic clinical data exchange, and financial rewards for quality improvement. (Sim, 2004)

It is important to understand that patients are very happy and satisfied when it comes to the electronic health system. This paper will discuss some of the benefits of an electronic health system that patients are enjoying.

Benefits: - more secure to communicate patients, keeps record of patient history, accurate and effective treatment due to less misguiding, patient keep aware to his treatment due to assessment of portal records, promote to easier performance of preventive care, patient able to request prescription refills, send and receive message from patient and nurse to get complete health assessment, examine their statements. Also is able to look at their balance and much more.