The Pros And Cons Of Electronic Medical Records
Electronic Medical Records (EMR) are the digital version of the traditional paper based medical records. EMRs are only for a single facility such as a physician’s office or a hospital/clinic. When the EMRs of patients are brought together they become the Electronic Health Records (EHR). This is a more comprehensive patient history. There are many cons of the EMRs and EHRs and they include financial issues, changes in the workflow of the facility, putting the patients privacy at risk and finally unintended consequence can arise from it’s use. The financial issues that arise with EMRs are the adoption and implementation cost are very high. It costs between $15,000 to $70,000 and this depends on whether you want the system on site or a web based system. The fixed monthly fee is around $400. To run an EMR for 5 years the estimated cost would be around $48,000 for an on site system and $58,000 for the software as a service. Employees would have to be trained on how to operate the system so the cost continues to skyrocket (HealthIt.Gov). A lost in revenue is associated with the loss in the productivity due to the equipment. Maintenance fees continue to increase the cost and these are different based on the provider of the EMR. …show more content…
There is going to be a loss of stem from users having to learn the how to use the system. Deficiency in productivity is going to lead to a loss in revenue. Delays in retrieval of data among staff members is going to happen and this will put the patient at risk. Studies have shown that a 20% loss in productivity happens within the first month and then 10% loss occurs in the following month and there is a 5% in the third month.(ncbi) In other words, it takes a business approximately three months for productivity to return to normal. With this much loss of productivity the institution loses an estimated $11,200 in annual revenue that
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