Medical records have undergone a rapid transition over the past three decades. From paper medical records to electronic medical records, technology advancements have led to safe, secure, and better quality healthcare.
The importance of electronic health records is that they offer benefits to both the patient and practitioners. Instant access to health records can lead to saving lives, time, and money.
Read on to learn more advantages of electronic medical records and how they impact the quality of care.
The financial incentive for Medical Providers
Implementing electronic medical records is a costly endeavor for most healthcare providers.
This is because transitioning requires acquiring the necessary equipment, hiring IT experts for implementing and training medical practitioners on new procedures.
Fortunately, Medicaid and Medicare programs offer financial incentives to eligible providers for the adoption and meaningful use of Electronic Medical Records technology.
This allows providers to recoup their investment and at the same time, provide more efficient health care to patients.
Easier and Accurate Documentation
As with most industries, the administrative tasks in the healthcare industry take up most time and money.
Medical staff spends most of their time at work filling out and processing paper health records of the patients, which is time-consuming and costly. With electronic health record systems, however, medical providers can easily document accurate health records for every patient.
While all visits might demand new documentation, the EHR provides proper storage and retrieval of past visits as well as what needs to be done.
Since EHRs are paperless, this reduces the need for more storage space. Healthcare providers also enjoy less cluttered working spaces, which improves efficiency.
Not to mention, medical staff don’t have to waste time sorting through cumbersome paper records.
Electronic health records can quickly and efficiently be accessed with only a few strokes on a keyboard.
Benefits of ehr can also be realized by the patients through easy access to their personal health records.
Through online portals, patients can review their medical records as they wish so long as they have an internet connection. Patient portals provide drug information, lab results, billing statements, and information on past conditions.
It also delivers a convenient way for patients to refill prescriptions, schedule appointments, and communicate electronically.
This empowers patients to participate in managing their condition and overall well-being actively.
An EHR system also helps patients save time spent filling out their records at the physician’s office. It allows patients to fill out their data on the online portal days before the scheduled visit.
This also saves time for the medical provider as the administrative work is significantly reduced.
Better Collaboration Among Providers
With EHR software, doctors can easily communicate with one another about a patient’s care. They’re also able to share a patient’s complete health records.
Physicians can also instantly place orders for laboratory work or imaging.The robust care coordination among physicians helps reduce errors, remove unnecessary treatments, and burden from the medical staff.
Since all providers have access to the same records, patients are less susceptible to duplicate prescriptions and tests.
Enhanced coordination among physicians results in accurate diagnoses, better management of conditions, and improved overall patient care.
Billing can become more accurate.
Billing of patients in the healthcare Industry usually faces numerous challenges. One of these problems is the vicious cycles of unnecessary rebilling and duplication.
After multiple visits to the doctor and receiving lots of bills, a patient may end up getting confused about what they’ve paid and the amount they still owe the provider.
As such, medical providers spend time reconciling bills, which also increase the chance of making error in administrative reporting.
Electronic medical records can also capture the patient’s use of facility resources such as diagnostic testing and medical supplies more accurately.
These charges are well recorded and billed to patients or third-party payers like insurance companies. Third-party payers also get to keep a record of all the activities and charges.
That said, EHR systems help reduce potential errors in billing that results in maximized revenue for the medical providers.
Greater Efficiency and Cost Savings
This benefit of electronic health records entails an outflow of well-coordinated care. From eliminating duplicate testing and allowing easier documentation to facilitating more efficient patient visits, electronic records offer loads of benefits.
All these ehr benefits lead to cost savings for medical providers and patients together with their insurance companies.
Great Preventative Health Tool
Electronic health records make patients’ data easily accessible to medical providers at all times.
This results in personalized patient care and helps to solve health conditions preventively. Preventative visits such as cancer screening can seamlessly be communicated to patients through automatic reminders.
Paper prescriptions are prone to get lost or misread, resulting in errors in dosage or dispensing wrong medication.
Electronic health records for medicine prescription enables physicians to communicate directly with the pharmacy. This minimizes errors and saves time by eliminating lost prescriptions.
Not to mention, electronic prescribing automatically checks for potentially harmful drug interactions; thus, improving patient safety.
Other advantages of electronic health records include the ability of providers to perform accurate diagnoses since they’re able to access patients’ data in real time. Having a patient’s accurate and up-to-date information leads to improved quality of care.
Want to install EMR system for the first time or as an upgrade? Check out this useful site to understand the installation process and how much it’ll cost you.
Adopt Electronic Medical Records for Quality Healthcare Services
With all the many advantages of electronic medical records, healthcare providers should collaborate in ensuring the success of this vision.
EHR systems offer a perfect way to minimize the risk of medical errors while maximizing revenue.
Electronic health records can help medical practitioners save money by automating administrative work and investing resources in more wanting areas.
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