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12:00 AM - TEDMED 2017
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TEDMED 2017
2017-11-01 - 2017-11-03    
All Day
A healthy society is everyone’s business. That’s why TEDMED speakers are thought leaders and accomplished individuals from every sector of society, both inside and outside [...]
AMIA 2017 Annual Symposium
2017-11-04 - 2017-11-08    
All Day
Call for Participation We invite you to contribute your best work for presentation at the AMIA Annual Symposium – the foremost symposium for the science [...]
Beverly Hills Health IT Summit
2017-11-09 - 2017-11-10    
All Day
About Health IT Summits U.S. healthcare is at an inflection point right now, as policy mandates and internal healthcare system reform begin to take hold, [...]
Forbes Healthcare Summit
2017-11-29 - 2017-11-30    
All Day
ForbesLive leverages unique access to the world’s most influential leaders, policy-makers, entrepreneurs, and artists—uniting these global forces to harness their collective knowledge, address today’s critical [...]
Events on 2017-11-01
TEDMED 2017
1 Nov 17
La Quinta
Events on 2017-11-04
AMIA 2017 Annual Symposium
4 Nov 17
WASHINGTON
Events on 2017-11-09
Beverly Hills Health IT Summit
9 Nov 17
Los Angeles
Events on 2017-11-29
Forbes Healthcare Summit
29 Nov 17
New York
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.