Benefits of Electronic Medical Records

21 Jan

According to a 2009 survey, just 33 percent of medical practices more than three physicians currently use electronic medical records software. If your practice is considering a shift to electronic medical records from your current paper system, it’s good to know some of the benefits you can expect.

Increased Revenues

When a medical practice Uses paper charts, many of their services are lost and never get billed. Using an Electronic Medical Records (EMR) software program, you can increase your practice’s revenues by ensuring you receive money on charges for all services you perform.

Lower Expenses

Electronic Medical Records can reduce the labor costs related to appointment scheduling, billing, filing, medical chart transcriptions, and more. Plus, once a doctor’s office goes to electronic medical records, the costs associated with buying, storing, and destroying paper charts can be eliminated.

Reduce Costs Related to Malpractice

Malpractice insurance costs are always increasing. When you use an Electronic Medical Records (EMR) software, some insurance companies may reduce malpractice premiums by as much as 10 percent. This is due to the fact that a doctor’s office reduces their chances of medical errors. EMR software can reduce medical errors in many areas, including misdiagnosis, conflict in medications, reading errors due to bad handwriting, just to name a few.

Versatile Access to Records

Electronic Medical Records can be accessed practically anywhere. This not only saves time for one person, but multiple people in the office, since files can be accessed by multiple people at the same time. Not to mention, you no longer have to worry about files being lost or misplaced.

Better Security

Not only can files have restricted access, medical practices can have more restrictions on certain files, which gives you more flexibility with how you want certain information accessed.