Events Calendar

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30 Mar
2020-03-30 - 2020-03-31    
All Day
This Cardio Diabetes 2020 includes Speaker talks, Keynote & Poster presentations, Exhibition, Symposia, and Workshops. This International Conference will help in interacting and meeting with diabetes and [...]
Trending Topics In Internal Medicine 2020
2020-04-02 - 2020-04-04    
All Day
Trending Topics in Internal Medicine is a CME course that will tackle the latest information trending in healthcare today.   This course will help you discuss options [...]
2020 Summit On National & Global Cancer Health Disparities
2020-04-03 - 2020-04-04    
All Day
The 2020 Summit on National & Global Cancer Health Disparities is planned with the goal of creating a momentum to minimize the disparities in cancer [...]
2020 Primary Care Kauai- Caring For The Active And Athletic Patient
2020-04-06 - 2020-04-10    
All Day
CMX Travel and Meetings programs meetings and group conferences for physicians and medical professionals throughout the United States. CMX Travel and Meetings programs meetings and [...]
ISER- 787th International Conference On Science, Health And Medicine ICSHM
2020-04-07 - 2020-04-08    
All Day
ISER- 787th International Conference on Science, Health and Medicine (ICSHM) is a prestigious event organized with a motivation to provide an excellent international platform for the academicians, [...]
RW- 801st International Conference On Medical And Biosciences ICMBS
2020-04-08 - 2020-04-09    
All Day
About the EventConference : RW- 801st International Conference on Medical and Biosciences ICMBS is a prestigious event organized with a motivation to provide an excellent [...]
Palliative Care 2020
2020-04-08 - 2020-04-09    
All Day
ABOUT PALLIATIVE CARE 2020 Palliative Care 2020 welcomes attendees, presenters, and exhibitors from all over the world to Dubai, UAE. We are glad to invite [...]
The 4th Annual Dubai International Paediatric Neurology Congress
2020-04-09 - 2020-04-11    
All Day
Based on the sound success of previous Dubai International paediatric Neurology congresses the 4th Annual Dubai International paediatric Neurology Conference expects to attract over 400 delegates devoted [...]
13 Apr
2020-04-13 - 2020-04-14    
All Day
IASTEM - 814th International Conference on Medical, Biological and Pharmaceutical Sciences (ICMBPS) will be held on 13th - 14th April, 2020 at Dammam, Saudi Arabia . ICMBPS is to bring together [...]
Patient Engagement USA At Eyeforpharma Philadelphia
2020-04-14 - 2020-04-15    
All Day
As we enter election year in 2020, the pressure has never been higher on our industry to justify what we add to the cost of [...]
28th International Conference On Clinical Pediatrics
2020-04-15 - 2020-04-16    
All Day
It is our great pleasure to invite you to participate in the 28th International Conference on Clinical Pediatrics Clinical Pediatrics 2020 which will take place [...]
5th World Congress On Public Health And Health Care Management
2020-04-16 - 2020-04-17    
All Day
We would like to invite you all people to take part in our Public Health and Health Care Management-2020 Conference in Miami, USA during 16-17 [...]
Topics In Emergency Medicine, Pain Management, And Palliative Care CME Cruise
2020-04-18 - 2020-04-25    
All Day
These set of lectures is designed to provide important updates in emergency medicine with a focus on anticoagulation and the management of venous thromboembolism as [...]
RW- 809th International Conference On Medical And Biosciences ICMBS
2020-04-19 - 2020-04-20    
All Day
RW- 809th International Conference on Medical and Biosciences (ICMBS) is a prestigious event organized with a motivation to provide an excellent international platform for the academicians, researchers, [...]
RF - 627th International Conference On Medical & Health Science - ICMHS 2020
2020-04-20 - 2020-04-21    
All Day
Welcome to the Official Website of the  627th International Conference on Medical & Health Science - ICMHS 2020. It will be held during 20th-21st April, 2020 at San [...]
30th Annual Art And Science Of Health Promotion Conference
2020-04-20 - 2020-04-24    
All Day
Integrating Health Promotion into the Organization’s and Community’s Core Values A common element of virtually every successful health promotion program in workplace, clinical and community [...]
ISER- 796th International Conference On Science, Health And Medicine ICSHM
2020-04-21 - 2020-04-22    
All Day
ISER- 796th International Conference on Science, Health and Medicine ICSHM is a prestigious event organized with a motivation to provide an excellent international platform for [...]
Biomolecular Condensates Summit
2020-04-21 - 2020-04-23    
All Day
An ever-increasing amount of evidence points towards the importance of Biomolecular Condensates function to health and disease. However, with many of the fundamental questions behind [...]
The Middle East Pharma Cold Chain Congress
2020-04-22 - 2020-04-23    
All Day
The pharma sector in the MENA region has witnessed rapid development, which has been largely fueled by high population growth, increased life expectancy coupled with [...]
45th Annual Regional Anesthesiology And Acute Pain Medicine Meeting
2020-04-23 - 2020-04-25    
All Day
ASRA was officially "re-founded" in 1975, led by Alon P. Winnie, MD, who had a dream of a society devoted to teaching regional anesthesia. (An [...]
25th International Conference on Dermatology & Skin Care
2020-04-27 - 2020-04-28    
All Day
About Conference Derma 2020 Derma 2020 welcomes all the attendees, lecturers, patrons and other research expertise from all over the world to 25th International Conference on Dermatology & [...]
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Articles

Yes, you can get ROI from a good behavioral health EHR, even without Meaningful Use

return on investment (ROI)

No, there is no Meaningful Use for behavioral health hospitals, and yes, some mental health clinicians remain skeptical about the proposed value of electronic health records (EHR).

And yet a steadily increasing number of behavioral health facilities nationwide have adopted an EHR to improve patient care and organization performance. According to a recent Behavioral Healthcare survey, most are satisfied with the decision to make an EHR part of their daily routine.

So, does that satisfaction make it a wise value proposition to adopt a behavioral health EHR? This highly relevant question about return on investment (ROI) is not limited to behavioral health facilities, but it might be a more pressing concern for organizations that cannot count on federal subsidies.

What counts in determining ROI?

Because behavioral health care is complex and, more importantly, because it measures value in many non-monetary ways, we have to look at both quantity and quality.

“Some organizations have difficulty determining their EMR project’s ROI,” writes business development executive Carol Turso in Behavioral Healthcare. “Common reasons for this are failing to see an EMR’s strategic benefits and considering the initial cost as an expense rather than as an investment … An EMR is an investment because it provides long-term benefits and may be an important tool for reducing the cost of expenses.”

Turso uses the example of a social services organization that over three years after implementing an EHR reduced bad debt by 93 percent, lowered outstanding accounts receivable of more than 151 days from 24 to 9 percent, and trimmed the time staff spent per week entering remittances and payments from 40 hours to 10 minutes. In every instance, these EHR benefits improve the organization’s bottom line. Even if they don’t technically create new revenue, they are still quantitatively relevant.

Qualitative improvements save time, prevent adverse medication events and reduce errors, which saves money. As the federal government shifts to a reimbursement model based on quality and patients vote with their feet, the qualitative approach starts to look more like a quantitative imperative.

How do non-clinical factors impact the evaluation of ROI?

You can build it, but they may still not come.

So, it’s difficult to exaggerate the importance of behavioral factors in ensuring the value of your behavioral health EHR. You must create buy-in, make clinicians feel as though they have a voice in the process, train everyone effectively on the system and take feedback on how to improve the solution and workflows after go live.

“Realizing full value of the [EMR] system typically depends not only on successful deployment of the system but also on adaptation of other organizational processes and workflows,” says an Institute of Medicine (IoM) paper that seeks to create a standard model for assessing the value of EHRs. “Functionality is also enhanced or constrained by the quality of implementation, including user training and acceptance, as well as the universe of technology with which it is used.”

The good news is that, for most behavioral health hospitals, the investment in EHR seems to be money well spent.

According to the Behavioral Healthcare survey mentioned above, the majority of those with an EHR are satisfied and putting the system to good use. Among all respondents, 23.6 percent said the EHR they use improves patient care, 18.1 percent cited the elimination of paper storage as a prime benefit, and double-digit percentages identified improved care, reimbursement and clinical outcomes as valuable results.

How can we determine if our new EHR is earning its keep?

Every behavioral health organization has to track dollars, cents and hours, so at least in those areas you can use the EHR to monitor change and increase in value over time, even if pre-EHR tracking was less than judicious.

At the core, an ROI evaluation is still a costs-versus-benefits analysis. It’s just a little more complex with behavioral health IT. If you’re not yet working with some sort of tracking system and evaluation scheme, consider starting with a table of costs and benefits. Circulate the list to clinical, administrative and technical leaders and then update until all feel confident the table is comprehensive.

To get a more complete picture of actual value and return, the IoM model looks at three overarching components: expenses, benefits and potential impacts to revenue. Each category is divided up into numerous types in an effort to determine with specificity what is the value of a particular EHR investment.

“… benefits of robust information system implementation might include savings to an organization from the reduction or more effective deployment of full-time equivalents (FTEs) associated with more efficient business practices, decreased morbidity and mortality due to more consistently delivered, high-quality care, avoided complications from improved preventive care, and enhanced patient experience and outcomes through the opportunities afforded by EHRs and patient portals for engagement,” reads the IoM paper.

It’s worth spending some time reviewing the IoM tables if you are questioning the value of your EHR or considering different solutions.

Can you afford a comprehensive EHR with reliable ROI without federal government help?

Absolutely.

There are many behavioral health EHRs out there with dramatic differences in both price and payment structure. Some acute care hospital EHRs also adapt well to the behavioral health environment. Yes, some of these systems are expensive and require substantial upfront expenditures for software licensing fees, infrastructure, consultants, network, etc. But other less expensive and robust options require almost no spending upfront if you have the infrastructure in place, and enable you to pay as you go via subscription.

Ultimately, much of the ROI for the healthcare IT system you choose is dependent on how you make it work for your behavioral health facility. Create organizational buy-in (especially among clinicians), evaluate workflows and how they might change to accommodate the EHR, and choose a solution that incorporates behavioral health-specific functionality and is a realistic financial fit.

Put the foundational pieces in place and the likelihood of positive ROI increases dramatically, even if that federal subsidy never materializes.

D’Arcy Gue is Director of Industry Relations for Medsphere Systems Corporation.

Source Medsphere