There have been many advances in medical technology throughout the past few decades. However, despite all of the advances, there is still a surprising number of providers and organizations still using paper methods! A recent study found that only 68% of physicians are utilizing Electronic Health Records (EHRs). In the United States, there are nearly 1 million licensed physicians. That leaves around 320,000 physicians who are not taking advantage of technology that could greatly improve their practice! If your practice is still not utilizing an EHR, consider the following:
Using paper charting increased cost and risk and affects your productivity. You need a lot more staff to manage paper charts and if you add a physician in the future, you have to add even more staff. Charting on paper can create bottlenecks which delay revenue collection. Issuing paper prescriptions means inconsistent documentation and untracked orders.
The practice’s using an EHR realize many benefits such as increased productivity, reduced costs (from filing, storing and retrieving paper charts), easier compliance with HIPAA, consistent data tracking, and better quality reporting measures
Despite the benefits, many practices have stalled their EHR adoption because it cost too much. One study stated that for a 5-physician clinic, the initial cost to implement an EHR is around $162,000. That’s certainly a turn-off, but the cost of adopting an EHR doesn’t have to be that expensive. At RXNT, we don’t charge practices upfront for implementation and training – it’s built into our monthly cost of only $85/month per provider! In the first year, a practice starting with us would only pay $5,100 which would be a savings of $156,000 for that same 5-physician clinic. We are proud to offer such robust functionality – custom forms, data-intensive patient dashboards, patient portal, document management, e-prescribing – at such an affordable cost. Take advantage of our healthcare solutions and schedule a demo today!
For more information on how the RXNT solutions can help your practice, contact us at 1-800-943-7968 option 3 or firstname.lastname@example.org.