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Bruker Corporation to Present at the 37th Annual J.P. Morgan Healthcare Conference
Bruker Corporation (NASDAQ: BRKR) announced today it will participate in the 37th annual J.P. Morgan Healthcare Conference in San Francisco. Frank Laukien, Chairman, President & CEO and Gerald Herman, CFO [...]
Allergan to Present at the 37th Annual J.P. Morgan Healthcare Conference
2019-01-07    
3:30 pm
Allergan plc (NYSE: AGN), a leading global biopharmaceutical company, today announced that Chairman and CEO Brent Saunders will present at the 37th Annual J.P. Morgan Healthcare Conference in San Francisco, [...]
Johnson & Johnson to Participate in 37th Annual JP Morgan Health Care Conference
2019-01-07    
3:30 pm
Johnson & Johnson (NYSE: JNJ) will participate in the 37th Annual JP Morgan Health Care Conference on Monday, Jan. 7th, at the Westin St. Francis in San Francisco.  Joseph J. [...]
Halozyme Therapeutics To Present At The 37th Annual J.P. Morgan Healthcare Conference
2019-01-09    
10:30 am
Halozyme Therapeutics, Inc. (NASDAQ: HALO), a biotechnology company developing novel oncology and drug-delivery therapies, will be presenting at the 37th Annual J.P. Morgan Healthcare Conference in San [...]
International Conference on Chemistry, Chemical Engineering and Chemical Process
2019-01-30 - 2019-01-31    
All Day
It is a great pleasure and an honor to extend to you a warm invitation to attend the "International Conference on Chemistry, Chemical Engineering and [...]
Streamline HCP Workflow • Drive Patient Education • Navigate the Specialty Prescribing Landscape
2019-02-01    
12:00 am
The original and most comprehensive conference series dedicated entirely to strategies for effective utilization of e-Rx and EHR technologies is back for 2019. Whether new [...]
Articles

Aug 13 : Advanced EHR use saves hospitals money

hospitals money

Electronic health record systems have taken their fair share of criticism over the past several years. Physicians have attacked the technology for failing to improve patient outcomes and transforming them from doctors into data capture workers. Even as more professionals purchase and adopt the technology, many are still unconvinced that electronic health record systems can deliver on their promise of transforming healthcare.

According to a recent study conducted by researchers at the University of South Carolina and published in the American Journal of Managed Care, hospitals that manage to successfully implement and use electronic health record systems at an advanced level save as much as 10 percent on their per patient admission expenses.

Working through challenges
The USC study investigated the effects of different levels of electronic health record systems usage among 550 hospitals across the U.S. Data was gathered from 5,047,089 patient-physician interactions where the patients were at least 18 years old. The researchers also found that, of the 550 hospitals, only 104 used electronic health record systems at a level that would satisfy the requirements of any stage of meaningful use.

In those high-functioning hospitals, the researchers found that patients cost about $731 fewer to treat than in facilities without a comprehensive health IT policy. This represented a 9.66 percent savings in per-patient admission costs.

“Since [electronic health record] systems are complex and costly to implement, it is often a multistage process to adopt and use [them],” Abby Kazley, Ph.D., associate professor of healthcare management and lead author of the study, said in a statement. “Thus, hospitals must anticipate that the financial savings may not exist until advanced, ‘meaningful’ use is attained. The majority of hospitals have yet to reach the stage of implementation where cost savings are possible, since they are not using advanced [electronic health record systems].”

Kazley was not the only person to urge hospitals and practices to push through the learning process with new software. David Blumenthal, former national coordinator for health information technology, explained to the Atlantic that the industry is still fairly new at health IT, but it is getting better.

“It is an enormously disruptive process within the healthcare system,” Blumenthal told the news source. “It takes time to accommodate.”

No one can say how much time exactly, but only 18 percent of office-based physicians used any type of health IT in 2001, compared to 78 percent in 2013, according to the U.S. Centers for Disease Control and Prevention. As more healthcare professionals adopt the technology, more will see the savings as a result of meaningful use.