Most Physician Practices Will Lose Money on EHR Systems

| July 3, 2013

From DarkDaily.com

This assumes, I think, that the physician offices actually paid for the initial hardware and software rather than a subsidy/donation/provided by a healthcare system or laboratory as many healthcare systems and laboratories have done in the excess of $44,000 per physician or system.

University of Michigan Study Predicts that Majority of Physician Practices Will Lose Money on their EHR Systems

Research study shows opportunity for clinical laboratories to help client physicians get more value from their electronic health record systems

For the majority of physicians in the United States, implementation of an electronic health record (EHRs) system in their practice may turn out to be a money-losing proposition. That is one prediction made by researchers at the University of Michigan (UM), based on a study they conducted.

Among other things, these findings indicate that progressive clinical laboratories and pathology groups have the opportunity to leverage the interface between their laboratory information system (LIS) and the client physician’s EHR to deliver added value. That’s because pathologists, Ph.D.s, and laboratory scientists know many ways that physicians can improve how they order medical laboratory tests and act upon the results of those tests.

Read full story and about the author of study.

Source: DarkDaily.com

Category: Electronic Medical Records, General Healthcare News, Government, Laboratory Information Systems, Pathology News

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