Finding the ROI in EMRs.
There are five common pitfalls in using clinical studies to calculate the ROI of electronic medical records (EMRs): Imputing value to minutes of time saved when staffing is not reduced. Imputing or estimating cost savings that can't be measured. Ignoring the revenue impact of reduced resource utilization. Ignoring baseline performance in extrapolating benefits. Using fixed costs in financial savings analyses.
Thompson
Douglas I
DI
CSC, Inc., McLean, Va., USA. dthompson22@csc.com
Fleming
Neil S
NS
D003362:Cost-Benefit Analysis / Q000379:methods; D017598:Efficiency, Organizational / Q000191:economics*; D007449:Investments; D050316:Medical Order Entry Systems / Q000191:economics; D016347:Medical Records Systems, Computerized / Q000191:economics*