Events Calendar

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The International Meeting for Simulation in Healthcare
2015-01-10 - 2015-01-14    
All Day
Registration is Open! Please join us on January 10-14, 2015 for our fifteenth annual IMSH at the Ernest N. Morial Convention Center in New Orleans, Louisiana. Over [...]
Finding Time for HIPAA Amid Deafening Administrative Noise
2015-01-14    
1:00 pm - 3:00 pm
January 14, 2015, Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Meaningful Use  Attestation, Audits and Appeals - A Legal Perspective
2015-01-15    
2:00 pm - 3:30 pm
Join Jim Tate, HITECH Answers  and attorney Matt R. Fisher for our first webinar event in the New Year.   Target audience for this webinar: [...]
iHT2 Health IT Summit
2015-01-20 - 2015-01-21    
All Day
iHT2 [eye-h-tee-squared]: 1. an awe-inspiring summit featuring some of the world.s best and brightest. 2. great food for thought that will leave you begging for more. 3. [...]
Chronic Care Management: How to Get Paid
2015-01-22    
1:00 pm - 2:00 pm
Under a new chronic care management program authorized by CMS and taking effect in 2015, you can bill for care that you are probably already [...]
Proper Management of Medicare/Medicaid Overpayments to Limit Risk of False Claims
2015-01-28    
1:00 pm - 3:00 pm
January 28, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9AM AKST | 8AM HAST Topics Covered: Identify [...]
Events on 2015-01-10
Events on 2015-01-20
iHT2 Health IT Summit
20 Jan 15
San Diego
Events on 2015-01-22
Latest News

Jul 02: Advanced EHR Cuts Hospital Costs By 10% Per Admission

healthwyse

By Katie Wike, contributing writer

According to a recent study, when hospitals rely on advanced electronic health records they can save up to 10 percent per patient admission.

Researchers from the Medical University of South Carolina have found that hospitals using advanced EHR systems can save a significant amount per patient admission. Their study, published in the American Journal of Managed Care, found the use of advanced electronic health records cut per-patient costs by nearly 10 percent.

EHR Cuts Admission At Hospital

EHR Intelligence reports researchers used data from more than five million patient cases at 550 hospitals to conduct the study. Of these hospitals, 18.9 percent had EHR systems that qualified as advanced, defined as one that met Meaningful Use criteria.

The study found that in control hospitals, or those without advanced systems, the mean cost per patient admission was $7,938. The mean for those that did have advanced EHRs was $7,207. This shows a savings of $730 per patient when using an advanced EHR. That works out to a 9.6 percent savings on every patient admission.

“Hospitals that use advanced EHRs report lower costs per patient admission than hospitals that do not use advanced EHRs. These cost savings will benefit many third-party payers, hospitals, and patients, and incentives such as those provided through the HITECH Act to promote EHR adoption and use will benefit hospitals,” write the study’s authors.

“Since many previous studies have shown that EHRs can improve the safety and quality of care in hospitals, the projected cost savings in this study provides additional motivation and builds the business case for hospitals to make the large investment in adopting and maintaining an EHR system.”

Source