The value of Electronic Well being Data in Solo or Small Group Practices

Writer(s): Miller RH, West C, Brown TM, Sim I, Ganchoff C

Source: Well being Aff (Millwood–Spring Hope) 2005 Sep-Oct;24(5):1127-37.

Summary: We performed case research of 14 solo or small-group primary care practices utilizing digital health record (EHR) software from two vendors. Preliminary EHR prices averaged $44,000 per full-time equal (FTE) provider, and ongoing costs averaged $8,500 per supplier per yr. The common follow paid for its EHR prices in 2.5 years and profited handsomely after that; nonetheless, some practices could not cowl costs shortly; most providers spent extra time at work initially, and some practices skilled substantial financial risks. Insurance policies should be designed to offer incentives and support services to assist practices improve the quality of their care through the use of EHRs. This article offers useful data for clinicians occupied with buying and implementing an EHR, and for supplier organizations and policymakers who could also be involved in making choices about EHR adoption. While solely focusing on two EHR vendor programs is a limitation of this research, the numbers are consistent with other price data from related research.

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