The report, titled “Electronic Health Records Impacts on Revenue, Costs, and Staffing: 2010 Report Based on 2009 Data,” showed practices that were not hospital-owned and that used an EHR reported more than $49,000 more in revenue after operating cost per full-time-equivalent physician than practices that were paper-based. Even though practices with EHRs reported greater expenses, they still reported a more than $178,000 greater median revenue per FTE physician than paper-based practices. The same trend can be found in hospital-owned practices.
According to the report, EHR-based practices that were not owned by a hospital reported an increase in financial benefits, with a 10.1 percent increase in operating margin after five years of EHR use.
Read the MGMA news release about “Electronic Health Records Impacts on Revenue, Costs, and Staffing: 2010 Report Based on 2009 Data.”
Read other coverage about electronic health records:
– 4 Key Considerations for Paper-Based Hospitals Looking to Go Electronic
– New Study Suggests Physicians’ Goal in EHR Investment is Improved Efficiency Over Incentives
– Survey Shows Patients’ Biggest Concern is Access to Electronic Health Record
