Consumer and business marketing has substantially developed in regards to the holistic value delivered by a product or service. Rationale is the underlying basis to adjudicate the purchase decision on any item under question. ‘Is it functional towards my needs?’, ‘How does it measure up to its competitors in the market in regards to quality?’, ‘Is it good value for money?’. These are the most common questions while determining a final choice. It would be fair to say that before finalizing any single prospect, a cost-benefit analysis is of the utmost importance. The same holds true for physicians while implementing applications within their practice such as EMR and practice management. Since software such as EMR and practice management are long term investments, it is all the more important to have an in depth analysis before coming to a final decision. Furthermore, EMR and practice management may have serious implications on the quality of care delivered within a practice; therefore it is mandatory for providers to be completely thorough before implementing any application.
“After you part with your hard earned money on adopting a certain EMR or practice management system and you eventually discover that the costs outweigh the benefits, you will end up becoming aggravated. Hence, comprehensive research is fundamental prior to deciding upon any particular product or service you decide to apply within your practice”, says a Massachusetts based physician.
The core benefit of applying tools like EMR and practice management is that they have automated arduous processes which previously had to be carried out manually. In a modern doctor’s office, clinical processes are expedited and made easy through EMR, while administrative processes are automated through a practice management system. After the advent of electronic medical records, tasks which required long hours can now be wrapped up in a few minutes. Storing and retrieving documents is now done electronically within a few minutes. Furthermore, thanks to this technology the healthcare industry has ventured into the electronic sphere, where chances for any silly mistakes made are highly minimized.
Just a decade ago, no one would have envisioned that such applications would completely revolutionize the entire healthcare system – health information being transferred without barriers of location or boundaries of paper. In the world of today we see it happening; due to the incursion of health IT applications, healthcare as we know it has been transformed.