Mar 15, 2009

Inside the numbers

What is happening within the world of health technology? Money is being spent in large amounts, what short term and long term real numbers are we seeing from the billions of dollars being put into it? A survey conducted by the National Ambulatory Medical Care Survey (NAMCS) shows that 1 in 4 physicians offices are completely or partially using Electronic Medical Records currently. Interestingly offices in the Midwest and west were more likely to use EMR's than those in the Northeast.
A common concern for offices that have not switched to electronic records is that the upfront cost of switching is too steep and they are financially unable to cope with such a large sum of money upfront going out the door. Another study showed that by converting to electronic records that the savings per provider would be quite significant and well worth the investment: $86,400 was the average projection of savings per provider in a 5 year period if they switched to electronic records. For the nation as a whole a republican representative from Pennsylvania named Tim Murphy has projected $78 billion dollars savings annually from electronic medical records, not to mention the tremendous health care efficiency benefits and over well being of the American people.

1 comment:

  1. I think that America in general need to get over the fact that these preventative measures would cost a fair amount of money up front. I think that mindset is the core of what is wrong with the health care system today. These savings will truly make it worth putting these measures in place.

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