Dark Daily writer Patricia Kirk shares Michigan University research that suggests there are opportunities for physicians to make more money using EMR. However, a major factor that would theoretically help them make this proposed “money” includes using ONLY THE NEW EMR, not the new EMR in conjunction with pre-existing methods. Hmmm, so why would someone buy something to replace something, and then keep using the old thing? Oh right, the government paid them to buy it. We almost forgot.
Tag Archives: losses
LINKS: Even With Meaningful Use, EHR Might Break The Bank
“Healthcare Observers Disagree on Cost-effectiveness of Electronic Health Record Systems” | Dark Daily
Along with the researchers at the University of Michigan, other experts have questioned EHR’s promise to deliver greater financial rewards. READ MORE
“If Practices Don’t Change, EHRs Lose Money” | Med Page Today
The average physician lost nearly $44,000 over 5 years implementing an electronic health record system, a large pilot study found, but the technology itself was just part of the reason. READ MORE
“A Survey Analysis Suggests That Electronic Health Records Will Yield Revenue Gains for Some Practices and Losses for Many” | Health Affairs (abstract)
This Health Affairs abstract will require membership. However, the title alone should be cause for concern. READ MORE
“Health Insurers Spending Big Dollars to Be Players in ‘Big Data’; Trend has Implications for Clinical Pathology Laboratories” | Dark Daily
With healthcare reform not likely to increase their growth, health insurers are expanding into data management to find new ways to make money. READ MORE
“New Study Predicts that Majority Of Physician Practices Will Lose Money On Their EHR Systems” | Atlas Blog
It appears that government intervention, while useful in certain cases (for instance, monopolies), can impede the marketplace. In EMR’s case it encouraged mediocre products to be bought and sold, costing money and wasting time overall. READ MORE