Events Calendar

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Forbes Healthcare Summit
2014-12-03    
All Day
Forbes Healthcare Summit: Smart Data Transforming Lives How big will the data get? This year we may collect more data about the human body than [...]
Customer Analytics & Engagement in Health Insurance
2014-12-04 - 2014-12-05    
All Day
Using Data Analytics, Product Experience & Innovation to Build a Profitable Customer-Centric Strategy Takeaway business ROI: Drive business value with customer analytics: learn what every business [...]
mHealth Summit
DECEMBER 7-11, 2014 The mHealth Summit, the largest event of its kind, convenes a diverse international delegation to explore the limits of mobile and connected [...]
The 26th Annual IHI National Forum
Overview ​2014 marks the 26th anniversary of an event that has shaped the course of health care quality in profound, enduring ways — the Annual [...]
Why A Risk Assessment is NOT Enough
2014-12-09    
2:00 pm - 3:30 pm
A common misconception is that  “A risk assessment makes me HIPAA compliant” Sadly this thought can cost your practice more than taking no action at [...]
iHT2 Health IT Summit
2014-12-10 - 2014-12-11    
All Day
Each year, the Institute hosts a series of events & programs which promote improvements in the quality, safety, and efficiency of health care through information technology [...]
Design a premium health insurance plan that engages customers, retains subscribers and understands behaviors
2014-12-16    
11:30 am - 12:30 pm
Wed, Dec 17, 2014 1:00 AM - 2:00 AM IST Join our webinar with John Mills - UPMC, Tim Gilchrist - Columbia University HITLAP, and [...]
Events on 2014-12-03
Forbes Healthcare Summit
3 Dec 14
New York City
Events on 2014-12-04
Events on 2014-12-07
mHealth Summit
7 Dec 14
Washington
Events on 2014-12-09
Events on 2014-12-10
iHT2 Health IT Summit
10 Dec 14
Houston
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