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The 2-minute Guide: Advantages of
Electronic Medical Record (EMR)
Summer	
  2013
Wednesday, May 29, 13
Federal Incentive Payments
Administrative Cost Benefits
Workflow Benefits
1
2
3
Wednesday, May 29, 13
Current Regulations
Federal Incentive Payments
‣Health care providers qualify for Medicare and
Medicaid EMR “meaningful use” payments under:
• The Health Information Technology for Economic and Clinical
Health (HITECH) Act, which is part of the American Recovery
and Reinvestment Act of 2009 (ARRA)
• Regulations issued by The U.S. Department of Health and
Human Services (HHS) regarding providers’ security and
privacy obligations under the Health Insurance Portability and
Accountability Act (HIPAA)
Wednesday, May 29, 13
Use of an EMR system is required by the end of 2015 in
order to avoid Medicare reimbursement penalties, which
start at 1% and increase to 5% in 2020*.
EHR Incentive Payments
Medicare Medicaid
‣ Maximum of the lesser of 75% of
Medicare Part B claims
‣ $44,000
‣ Maximum of the lesser of 85% of the
purchased EMR cost
‣ $63,750
*http://www.medicalrecords.com/physicians/electronic-medical-records-deadline
Wednesday, May 29, 13
A 2003 study by the University of California that focused on
solo and small group physicians found that some physicians
saved up to $20,000 per year though EMR implementation*.
Administrative Benefits
‣Less storage space
‣Reduce staffing for patient chart filing
‣Cut costs on paper supplies
*http://www.chcf.org/~/media/MEDIA%20LIBRARY%20Files/PDF/E/PDF%20EMRLessonsSmallPhyscianPractices.pdf
Wednesday, May 29, 13
Reducing the burden of administrative work.
Workflow Advantages
Retrieving and updating
patient clinical records is
faster and more efficient.
Maintain quality of patient
care.
Increased accuracy and
completeness in records.
Increase in scheduled visits
per hour.
1
2
3
4
Wednesday, May 29, 13
Make the Switch
Paper Based Charts EMR Systems
‣ Difficult to copy
‣ Susceptible to fire or water damage
‣ Storage space, staffing costs, paper
supplies costs
‣ Easier to share patient charts with other
health care providers
‣ Direct integration with insurance
payment systems
‣ Patient history, lab results, and
diagnostic information all in one place
Wednesday, May 29, 13
MedicalRecords.com works to connect physicians to the best EMR companies, matching the right
EMR system with specific medical practices. MedicalRecords.com is the world’s largest directory of
EMR software vendors. It is a privately held company based in Cambridge, MA whose mission is to
better organize the EMR software market. The company was founded by seasoned technology and
healthcare professionals in 2010 after the passing of The Health Information Technology for
Economic and Clinical Health Act (HITECH Act).
For more information about the Advantages of EMR, please visit us at: http://
www.medicalrecords.com/physicians/advantages-of-electronic-medical-records
How MedicalRecords.com can help!
About Us
Location:
55 Cambridge Parkway
Suite 103
Cambridge, MA 02142
Wednesday, May 29, 13
Thank you for reading The 2-minute Guide: Advantages of EMR!
Please visit us at MedicalRecords.com for the latest information about EMR. We can
help connect you to the best EMR companies!
Choosing the Right EMR
How MedicalRecords.com can help!
Wednesday, May 29, 13

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The 2-minute Guide: Advantages of Electronic Medical Record (EMR)

  • 1. The 2-minute Guide: Advantages of Electronic Medical Record (EMR) Summer  2013 Wednesday, May 29, 13
  • 2. Federal Incentive Payments Administrative Cost Benefits Workflow Benefits 1 2 3 Wednesday, May 29, 13
  • 3. Current Regulations Federal Incentive Payments ‣Health care providers qualify for Medicare and Medicaid EMR “meaningful use” payments under: • The Health Information Technology for Economic and Clinical Health (HITECH) Act, which is part of the American Recovery and Reinvestment Act of 2009 (ARRA) • Regulations issued by The U.S. Department of Health and Human Services (HHS) regarding providers’ security and privacy obligations under the Health Insurance Portability and Accountability Act (HIPAA) Wednesday, May 29, 13
  • 4. Use of an EMR system is required by the end of 2015 in order to avoid Medicare reimbursement penalties, which start at 1% and increase to 5% in 2020*. EHR Incentive Payments Medicare Medicaid ‣ Maximum of the lesser of 75% of Medicare Part B claims ‣ $44,000 ‣ Maximum of the lesser of 85% of the purchased EMR cost ‣ $63,750 *http://www.medicalrecords.com/physicians/electronic-medical-records-deadline Wednesday, May 29, 13
  • 5. A 2003 study by the University of California that focused on solo and small group physicians found that some physicians saved up to $20,000 per year though EMR implementation*. Administrative Benefits ‣Less storage space ‣Reduce staffing for patient chart filing ‣Cut costs on paper supplies *http://www.chcf.org/~/media/MEDIA%20LIBRARY%20Files/PDF/E/PDF%20EMRLessonsSmallPhyscianPractices.pdf Wednesday, May 29, 13
  • 6. Reducing the burden of administrative work. Workflow Advantages Retrieving and updating patient clinical records is faster and more efficient. Maintain quality of patient care. Increased accuracy and completeness in records. Increase in scheduled visits per hour. 1 2 3 4 Wednesday, May 29, 13
  • 7. Make the Switch Paper Based Charts EMR Systems ‣ Difficult to copy ‣ Susceptible to fire or water damage ‣ Storage space, staffing costs, paper supplies costs ‣ Easier to share patient charts with other health care providers ‣ Direct integration with insurance payment systems ‣ Patient history, lab results, and diagnostic information all in one place Wednesday, May 29, 13
  • 8. MedicalRecords.com works to connect physicians to the best EMR companies, matching the right EMR system with specific medical practices. MedicalRecords.com is the world’s largest directory of EMR software vendors. It is a privately held company based in Cambridge, MA whose mission is to better organize the EMR software market. The company was founded by seasoned technology and healthcare professionals in 2010 after the passing of The Health Information Technology for Economic and Clinical Health Act (HITECH Act). For more information about the Advantages of EMR, please visit us at: http:// www.medicalrecords.com/physicians/advantages-of-electronic-medical-records How MedicalRecords.com can help! About Us Location: 55 Cambridge Parkway Suite 103 Cambridge, MA 02142 Wednesday, May 29, 13
  • 9. Thank you for reading The 2-minute Guide: Advantages of EMR! Please visit us at MedicalRecords.com for the latest information about EMR. We can help connect you to the best EMR companies! Choosing the Right EMR How MedicalRecords.com can help! Wednesday, May 29, 13