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Some Reasons Why Solo Practices Will Need To Have Electronic Medical Records
The American Recovery and Reinvestment Act of 2009 (also known as the "Federal Stimulus Program") has put electronic medical records (also known as EMR or EHR Software) in the spotlight like never before. Previously the product of choice for large medical organizations such as hospitals and HMOs, smaller clinics and single doctor practices are now looking at adopting EMR systems in larger numbers than ever before.
Contrary to popular belief, this type of application can offer just as many benefits to a small practice as it can to a huge hospital that sees high volumes of traffic. Many single practitioner practices are already aware of the benefits that come with using EMR software and the numbers reflect this.
1. Workflow Benefits - It's a simple equation: medical practices and clinics that labor under paper medical records rarely have a professional "design" their practice workflows. Meanwhile, every electronic medical records developer worth its salt will develop a workflow scenario that is customized to the medical office when installing a new system. The more efficient your practice is, the more time you'll have, and we all know that time is money.
2. Storage Room - Just like time, if there's something in this world the single doctor practice or clinic probably doesn't have an embarrassment of riches with, it's space. Paper medical records take up space. Sometimes quite a lot of it, especially in a growing practice. At the same time, electronic medical records are typically saved on a single database, accessible via either secured WiFi or cabled network. No longer is it necessary to have a special room for medical records. By computerizing, the amount of storage is greatly reduced.
#3 - Fewer Errors in Records - Paper records are highly subject to human error. Even with the closest attention to detail, errors can be made. Anything that is copied by hand is subject to mistakes. Sometimes illegible handwriting can make for real communication problems. Anything entered into the electronic medical records system is kept in a rigid template, so all records are consistent. It's easier to find typos, as well.
4. Simple Web Access - Today's medical practitioner is a mover. Long gone are the days when a practitioner is in the office 95% of the day. With out calls, several locations and in-hospital consultations, today's physician needs the ability to get patient information quickly, and often remotely. Electronic medical records accomplishes this safely, and with speed. Using a simple PDA or smart phone, a doctor can check out charts, supplement notes or schedule future visits - all via wireless web. The savings in courier costs alone are amazing.
5) Save Money with Electronic Medical Records The time has never been better to make the switch to EMR. The 2009 Federal Stimulus Program has allocated funds that offer rebates of $44,000 in Medicare and up to $64,000 in Medicaid for offices that adopt a digital record keeping system. These electronic medical records payments will decline each year until 2015. At that time, practices still haven't gone digital will be subject to Medicare and Medicaid payment reductions.
The choice is simple. The money is available for doctors who install EMR technologies because rebates from the federal government will pay for these technologies. Physicians that make their move today will avoid penalties for waiting until after 2015 to make the change.
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