Reduced labor costs. A fully installed EMR decreases staff time, labor and tedium because the chart can be accessed by anyone, at any time, when information is needed. These savings translate into a reduction or redeployment of staff. The Medical Group Management Association calculates staffing is currently 4.31 FTE s per physician. An example practice reduced its staffing to 2.2 FTE s per physician after implementing an EMR system.
Revenue There is more to money than saving it.
EMRs also can enhance revenue. EMR systems provide tools to generate reminders based on patient age, gender, diagnosis or procedures. Each time a chart is accessed, the EMR alerts the provider about overdue health maintenance issues or pending recalls. An EMR allows practices to search for patients who are overdue for recommended services and to send reminder letters. Improved accuracy of coding.