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EHR Replacement on the Rise in 2014 - Are you seeing ROI on your EHR?
The numbers of providers in need of EHR replacement is growing in 2014. They
are not sure if their current health IT system is capable of handling healthcare
changes including, stage 2 Meaningful Use and ICD-10 compliance. Regular and
expensive updates and poor client service are also forcing them to replace their
existing EHR system.
Industry Facts:
According to a survey by EHR reviewer Software Advice, providers who
shopped for new EHR in the first quarter of 2014 were looking for a
replacement for their existing system.
Number of prospective buyers looking for EHR replacement has grown by
30% since the first quarter of 2013.
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As per recent Black Book Rankings survey, majority of providers want to
upgrade their RCM products.
As per an industry report, the EHR market increased to $23 billion in 2013. With
providers seeking replacements and certification-related updates, the market will
continue to grow in 2014 - 2018.
What is contributing to the Increase in EHR Replacement?
Providers are replacing their existing EHR system due to the following reasons:
• Existing system is difficult to manage
• Need to integrate with other systems
• Current system is not up-to-date
• Need to ensure regulatory compliance
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Lack of integration between health IT components, lack of desired features, and
high expenses are also forcing physicians to change their existing system.
Is EHR Replacement Necessary?
Optimization should be on the top priority for practices. It should be a part of the
organization’s long term plan because EHR adoption is an ongoing effort.
Physicians should optimize the use of existing technology before taking the
decision to replace an EHR system. The need for replacement can be avoided if
they focus on the reason behind unsatisfactory EHR adoption.
Even if the physicians plan on replacing their existing system, they need to
determine ways to get the most out of it. The process of selection and
implementation should be given top priority if practices want to get high ROI.
- 4. Call now 888-357-3226 (Toll Free)
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Is your EHR team capable of handling the change? Are you ready to bear the
additional expense of a new system? If time and monetary constraints are
stopping you from replacing your EHR or optimizing the existing system, EHR
outsourcing can put an end to your worries.
Get High ROI on your Existing EHR with MBC:
By contracting with MedicalBillersandCoders.com, practices can enjoy the
following benefits:
Physicians can focus on their core competencies by outsourcing their EHR
implementation requirements to MBC.
With the help of MBC’s operational expertise in EHR implementation,
practices can easily migrate to a new technology. This can be done with
minimum downtime, without disrupting the staff’s productivity.
- 5. Call now 888-357-3226 (Toll Free)
http://www.medicalbillersandcoders.com
End to End Medical Billing Solutions
www.medicalbillersandcoders.com
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MBC provides access to the industry’s best practices and helps enhance
operational efficiencies
Practices don’t have to invest in expensive infrastructure required for
implementation of EHR. MBC helps them avoid short-term expensive
outlays
The team at MBC is also experienced in ensuring error-free coding and HIPAA
compliance. Effective AR and RCM services are offered to physicians across all the
50 states in the US.