The long-term financial impact of electronic health record implementation. (27th August 2014)
- Record Type:
- Journal Article
- Title:
- The long-term financial impact of electronic health record implementation. (27th August 2014)
- Main Title:
- The long-term financial impact of electronic health record implementation
- Authors:
- Howley, Michael J
Chou, Edgar Y
Hansen, Nancy
Dalrymple, Prudence W - Abstract:
- Abstract: Objective To examine the financial impact of electronic health record (EHR) implementation on ambulatory practices. Methods We tracked the practice productivity (ie, number of patient visits) and reimbursement of 30 ambulatory practices for 2 years after EHR implementation and compared each practice to their pre-EHR implementation baseline. Results Reimbursements significantly increased after EHR implementation even though practice productivity (ie, the number of patient visits) decreased over the 2-year observation period. We saw no evidence of upcoding or increased reimbursement rates to explain the increased revenues. Instead, they were associated with an increase in ancillary office procedures (eg, drawing blood, immunizations, wound care, ultrasounds). Discussion The bottom line result—that EHR implementation is associated with increased revenues—is reassuring and offers a basis for further EHR investment. While the productivity losses are consistent with field reports, they also reflect a type of efficiency—the practices are receiving more reimbursement for fewer seeing patients. For the practices still seeing fewer patients after 2 years, the solution likely involves advancing their EHR functionality to include analytics. Although they may still see fewer patients, with EHR analytics, they can focus on seeing the right patients. Conclusions Practice reimbursements increased after EHR implementation, but there was a long-term decrease in the number of patientAbstract: Objective To examine the financial impact of electronic health record (EHR) implementation on ambulatory practices. Methods We tracked the practice productivity (ie, number of patient visits) and reimbursement of 30 ambulatory practices for 2 years after EHR implementation and compared each practice to their pre-EHR implementation baseline. Results Reimbursements significantly increased after EHR implementation even though practice productivity (ie, the number of patient visits) decreased over the 2-year observation period. We saw no evidence of upcoding or increased reimbursement rates to explain the increased revenues. Instead, they were associated with an increase in ancillary office procedures (eg, drawing blood, immunizations, wound care, ultrasounds). Discussion The bottom line result—that EHR implementation is associated with increased revenues—is reassuring and offers a basis for further EHR investment. While the productivity losses are consistent with field reports, they also reflect a type of efficiency—the practices are receiving more reimbursement for fewer seeing patients. For the practices still seeing fewer patients after 2 years, the solution likely involves advancing their EHR functionality to include analytics. Although they may still see fewer patients, with EHR analytics, they can focus on seeing the right patients. Conclusions Practice reimbursements increased after EHR implementation, but there was a long-term decrease in the number of patient visits seen in this ambulatory practice context. … (more)
- Is Part Of:
- Journal of the American Medical Informatics Association. Volume 22:Number 2(2015:Mar.)
- Journal:
- Journal of the American Medical Informatics Association
- Issue:
- Volume 22:Number 2(2015:Mar.)
- Issue Display:
- Volume 22, Issue 2 (2015)
- Year:
- 2015
- Volume:
- 22
- Issue:
- 2
- Issue Sort Value:
- 2015-0022-0002-0000
- Page Start:
- 443
- Page End:
- 452
- Publication Date:
- 2014-08-27
- Subjects:
- Electronic Health Record -- Provider Productivity -- Provider Reimbursement -- Financial Impact
Medical informatics -- Periodicals
Information Services -- Periodicals
Medical Informatics -- Periodicals
Médecine -- Informatique -- Périodiques
Informatica
Geneeskunde
Informatique médicale
Computer network resources
Electronic journals
610.285 - Journal URLs:
- http://jamia.bmj.com/ ↗
http://www.jamia.org ↗
http://www.pubmedcentral.nih.gov/tocrender.fcgi?journal=76 ↗
http://www.sciencedirect.com/science/journal/10675027 ↗
http://jamia.oxfordjournals.org/ ↗
http://www.oxfordjournals.org/en/ ↗ - DOI:
- 10.1136/amiajnl-2014-002686 ↗
- Languages:
- English
- ISSNs:
- 1067-5027
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4689.025000
British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 15137.xml