Ambulatory electronic medical record payback analysis 7 years after implementation in a tertiary care county medical system.
Electronic medical records (EMRs) are gaining increasing prominence in healthcare, however still have low market penetration. EMR implementation cost is a primary perceived barrier. Here we present a payback analysis on an outpatient EMR implementation, showing capital expense recovery (net of operating costs) at 6 years and now generating $6 million yearly in direct savings for our healthcare system.
Kaelber
David C
DC
Center for Information Technology Leadership (CITL), Partners HealthCare System andHarvard Medical School, Boston, MA, USA.
Miller
Vince
V
Fisher
Nancy
N
Schlesinger
Jim
J
Norris
Greg
G
D000046:Academic Medical Centers / Q000191:economics; D002201:Capital Expenditures; D016347:Medical Records Systems, Computerized / Q000191:economics*; D019982:Organizational Case Studies; D009936:Organizational Innovation / Q000191:economics