The global electronic health records (EHR) market is projected to grow substantially, reaching approximately USD 52.98 billion by 2027, driven by the digitalization of healthcare, particularly during the COVID-19 pandemic. EHR systems enhance operational effectiveness and reduce medical errors while providing tailored solutions for various healthcare stakeholders. Key features necessary for EHR software include document management, patient information handling, e-prescribing, data access management, scheduling, reporting, and billing automation.

1. How to Create EHR Software: Types
Process, and Its Cost
At a 9.3% CAGR, the global electronic health records (EHR) market size is expected to
reach USD 52.98 billion by 2027, according to one of the numerous estimates that are
now circulating online and showing the enormous growth that the EHR market is
experiencing. These reports appear to be confirmation that electronic health record
systems are here to alter the medical business if you look at how healthcare
digitalization has developed, particularly during COVID-19 where digital mediums like
video call e-prescriptions, and e-documents became the norm.
The entire ecosystem is impacted by developments in the healthcare sector like
telehealth, CRMs, and EHR software development. Every stakeholder, from patients
and physicians to the business owners that create these EHRs, benefits from the
approach.
As we continue reading the post, we will examine these EHR system advantages as
well as some operational aspects, such as the many types of EHR systems, how they
operate, how to construct an EHR system, the top features, and ultimately the cost of
developing EHR software.
What is an EHR System?
The building of an electronic health record is the focus of our post on today’s discussion
of EHR system development. An electronic health record is a fully digitalized piece of
software with a wealth of patient health-related data. Typically, it involves
● Medical history
● Vaccination details
● Test results
● Vital signs
● Allergies
● Medications
● Lab data
● Progress notes
● Insurance information, etc.
EMR is a phrase that frequently appears as an alternative when discussing what an
EHR system is. Although they are sometimes used at the same time electronic health
records and electronic medical records are different from each other.

2. An electronic medical record is a clinic’s internal digital copy of a patient’s chart. It
includes the patient’s medical and treatment histories from a single practice. EMRs
cannot be shared beyond the clinic, however, EHRs can be shared with labs and other
healthcare providers.
Types of EHR systems
Electronic health record systems typically come in two flavors, both of which are
essential for understanding how to construct an EHR system.
● Physician hosted – This EHR type stores data on the computers of the treating
physician. In this case, the doctor is in charge of all the details like purchasing,
installing, and maintaining the equipment.
● Remotely-hosted – With this type of EHR, the server is located away from the
doctor’s office. In other words, doctors are not in charge of maintaining and
managing the patients’ data. The advantage of this EHR type is that the doctor
just focuses on data collection rather than IT system management.
Hospital Inventory Management: How to Make it Work
The Benefits Of EHR System For Primary Stakeholders
Now that you are somewhat familiar with the idea of developing an EHR, let’s examine
the Benefits of EHR Software it provides to the three main stakeholders—businesses,
hospitals, and patients.
Potential for new possibilities
One size does not fit all when it comes to the EHR sector. Every healthcare business,
regardless of size or geography, has varied needs for EHR software. This implies that
there is always room for fresh business model innovation.
Various methods of monetization
EHRs have a variety of monetization options available, including subscriptions, free
software with paid features, and pay-per-use. The creation of EHR systems is incredibly
profitable due to the variety of monetization options available.
Improved operational effectiveness
No matter the EHR system type you select, it has the advantage of doing away with the
need to manage paperwork like bills and reports. Within seconds, the system may be

3. searched to find any patient information. With the level of digitalization that EHR
promises, it will also be simple for doctors to maintain patients’ medical histories,
prescribe medications, and obtain data from the lab.
Reduced possibility of medical mishaps
The program for electronic health records contains comprehensive patient data and
data analytics-driven medical insights that alert healthcare professionals about
erroneous dosages, unpleasant responses, and the potential impact of drug
interactions. This has the effect of reducing the likelihood of malpractice and health
problems.
Heightened security
Each carefully thought-out EHR system design includes a variety of security
safeguards, including session termination automation, digital signatures, encryption,
and multi-factor authentication. With this kind of security in place, there is no danger of
software being compromised.
The Must-Have EHR Software Requirements
Some several elements or requirements are common to all EHR system development
processes, even though each EHR solution is tailored to the specific functionality and
demands of the medical facility.
1. Document management
By providing an easy-to-use documentation tool, the main goal of EHR
application development is to improve patient care. Documents in various
formats, such as images, text, and DICOM (the standard for MRT and CT
images), should be simple for patients and clinicians to upload.
2. Patient information
The EHR system often contains the patient’s personal information, including full
name, address, diagnosis, test results, a list of their prescription medications,
and other vital details that provide insight into their health
3. Prescription administration
The e-prescribing capability allows clinicians to remotely prescribe medications to
patients while also accessing their medical records to check for drug interactions.
Patients, on the other hand, have access to the history of their medications.
4. Data access management
Multiple data access control measures must be in place for an EHR system. The
idea that no two persons (across different levels) should have access to the

4. same data—for instance, nurses shouldn’t have access to the same data as a
doctor—is one that our EHR developers constantly bear in mind.
5. Making reservations
The EHR software facilitates the scheduling of appointments between patients
and their physicians promptly. In contrast, physicians are presented with a
dashboard where they can access appointments and patient information.
6. Reporting
Reporting is really important when you’re trying to figure out how to make your
EHR better. It helps doctors and nurses by providing a complete overview of
treatment like how many treatments they’ve had, how successful they’ve been,
and how everything is going as per the treatment.
7. Billing
Each healthcare facility has a system that takes care of all the billing, claims,
rejection, and service payments. EHR technology makes it easier by automating
these processes. Plus, a lot of EHR systems now offer payment options so you
can pay for your own medical care.