By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    How Not to Become a Victim of Medical Scams
    How Not to Become a Victim of Medical Scams
    December 22, 2021
    11 Ways You Can Care for Your Elder Family Members Health
    11 Ways You Can Care for Your Elder Family Members Health
    April 6, 2022
    How Can Brain Injury Lead To Dangerous Long-Term Effects?
    How Can Brain Injury Lead To Dangerous Long-Term Effects?
    August 30, 2022
    Latest News
    Health Benefits of Taking a Vacation to Reduce Your Stress
    September 27, 2023
    First Aid Training Enhancing Workplace Health and Safety
    September 25, 2023
    Beyond the Clinic: Medical Surveys Are a Roadmap to Passive Income for Doctors
    September 23, 2023
    5 Self-Care Habits to Help You Live an A+ Life
    September 21, 2023
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    health plans
    Do Health Plans Have a Future?
    February 3, 2015
    Healthcare Is Improving With These New Powerful Blood Tests
    February 19, 2018
    Aging Gracefully, Part 3: The Importance of Comprehensive Primary Care
    March 23, 2015
    Latest News
    Job Seekers with Disabilities Should at Health Insurance Benefits
    September 12, 2023
    Reasons That Drug Prices Are Rising to Unsustainable Levels
    September 12, 2023
    How Revenue Lifecycle Management Helps Healthcare Providers to Optimize Business Operations
    September 6, 2023
    The Hidden Benefits of Practice Exams for Medical Professionals
    September 6, 2023
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: How EHRs Can Help You to Save Time, Cost and More
Share
Sign In
Notification Show More
Aa
Health Works CollectiveHealth Works Collective
Aa
Search
Have an existing account? Sign In
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > eHealth > Medical Records > How EHRs Can Help You to Save Time, Cost and More
eHealthMedical Records

How EHRs Can Help You to Save Time, Cost and More

Randy Van Egdom
Last updated: 2013/12/15 at 9:00 AM
Randy Van Egdom
Share
5 Min Read
electronic health records
SHARE

electronic health recordsElectronic Health Records is a term which is being chanted more often than ever in the United States. Through the 2009 Health Information Technology for Economic and Clinical Health Act, the US has spent over $30 billion on EHRs. Are these EHRs really worth the investment?

electronic health recordsElectronic Health Records is a term which is being chanted more often than ever in the United States. Through the 2009 Health Information Technology for Economic and Clinical Health Act, the US has spent over $30 billion on EHRs. Are these EHRs really worth the investment?

Going digital is in itself a cost saving option when compared to keeping written records. With EHR, a patient’s entire medical history is saved in a database, and the need for paper documents and their expensive storage is almost eliminated. We know that doctors earn in minutes and they are usually unable to remember the medical history of all their patients. When the patient data is provided digitally, it makes the office workflow easier and convenient.

Even for a patient, it is much easier to meet a practitioner who has a fair idea about the patient’s medical history without having to explain every minute detail. This saves invaluable time. Also, EHRs help practitioners analyze their patients faster, bringing down the time of diagnosis.

More Read

6 Innovative Technologies Making Medical Diagnostics More Predictive

A Guide to Medical Billing Services for Small Practices
How to Use E-Cigarettes to Stop Smoking
Healthcare Blogging: How to Become a Trusted Medical Source
What Has the Medical Industry Learned from COVID-19?

Experts have estimated that EHR can save anywhere between $100 -200 per year per patient when compared to traditional methods. There are many other reasons why EHR is more helpful than the traditional method of using paper and pen. Listed here are the few important ones:

  • As per the research group RAND, when EHRs are implemented across the industry, a total savings of over $100 billion could be made in the coming 10 years.

  • With EHRs in place, the chances of dosage and medical errors are eliminated. As the medical history is easily accessible, doctors can keep a track of the existing dosage and also be cautious about the allergies and medical intolerances of the patient.

  • The digital chart also helps in removing any kind of duplications and repeat diagnoses. Presently over $50 billion a year is wasted because of duplicate diagnoses and wrong medications. If done right, this could be the amount that is saved every year through EHR.

  • When the patient details are available through an EHR, questions like whether the patient is covered by his insurance agency for the recommended treatment or not are answered even before the patient has his first appointment with the doctor.

  • EHRs could be used as ready referrals by the doctors to understand the patient as well as the ailments.

  • Through an EHR, an electronic medical prescription could be directly sent to the pharmacies which can bring down the risk of misunderstanding illegible handwritings.

  • You don’t need to scan the entire office for a missing document when EHR is in place. All you have to do is click the search button. Files are much easily accessible and search friendly with EHR.

  • Another mode of saving is from transcription costs. When an EHR is implemented, one can save on transcription costs.

  • An EHR helps mainly in reducing the waiting time by saving emergency rooms of close to $600 per use.

  • The new set of medical practitioners are now looking to work with practices that use EHR

  • Paper offices spend thousands of dollars on secure facilities to store excess patient charts. Once digital, the office space requirements and costs drop significantly.

Along with helping in saving a lot of cost, time, and resources, EHRs also help by saving trees and helping the environment. It is certainly impossible to eliminate the use of paper, but EHRs definitely help in reducing the use of paper/charts in your practice.

(time for EHRs / shutterstock)

TAGGED: EHRs

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Randy Van Egdom December 15, 2013
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article health research Researchers Seek Link Between Your Health and Your Surname
Next Article medicare fraud Keeping an Eye Out for Medical Fraud

Stay Connected

1.5k Followers Like
4.5k Followers Follow
2.8k Followers Pin
136k Subscribers Subscribe

Latest News

Andropause hormonal decline
The Benefits of TRT for Andropause and Hormonal Decline
Wellness September 28, 2023
Cancer Prevention
The Importance of Lipoma Examination in Cancer Prevention
Cancer September 28, 2023
dental implant
Cost Analysis of Dental Implants in Australia
Dental health September 28, 2023
View,Of,Niagara,Falls,In,Autumn
Health Benefits of Taking a Vacation to Reduce Your Stress
Health September 27, 2023

You Might also Like

menopause and depression
Mental Health

How Menopause and Depression are Connected

September 13, 2023
healthcare video marketing
MarketingSocial Media

How to Maintain a Successful YouTube Channel as a Healthcare Organization: Advantages of Video Marketing for your Medical Practice

November 9, 2022
Electronic Health Records
BusinesseHealthHospital AdministrationMedical Records

Top Benefits of Electronic Health Records for Psychiatrists and Psychologists

August 15, 2022
tips to design a health app
eHealth

How To Improve Patient Access Metrics

April 5, 2022
Subscribe

Subscribe to our newsletter to get our newest articles instantly!

Follow US
© 2008-2023 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Lost your password?