Professional nurse at the hospital bandaging the hand with a medical bandage for a woman patient.

7 Ways EHR Systems Reduce Practice Costs

Electronic health records (EHR) are rapidly changing the healthcare industry for the better, increasing efficiency and security for patients and providers. Though some clinics and hospital systems may be hesitant to learn a new system, companies like Kareo Clinical offer EHR and EMR software that providers can intuitively implement into their everyday workflow. Here are 7 ways EHR systems can reduce costs for your practice today.

1. Reduce Charting Time

An EHR or EMR offers a smarter, more streamlined charting system. Shortcuts and customized documentation tools allow you to minimize everyday tasks and focus on what matters most — providing high-quality care for your patients. You’ll save time with an easy-to-use dashboard, task lists that increase productivity, and a secure messaging system.

2. Free Up Space

Physical charts require a complex filing system that takes up valuable real estate in your practice. When you implement an EHR system, you can skip the filing cabinets and put that space to better use in your practice. Whether you need another receptionist desk or more room to see patients, you’ll have more possibilities when you transfer your patient records to the cloud.

3. Shorten Information Exchange Timeline

Mailing documents to insurance companies is a long and tedious process. An electronic health records system allows medical practices and insurance companies to communicate instantaneously, saving time and money. You’ll get paid faster and have a more effective way to get in touch.

4. Reduce Data Breach Risks

Every healthcare provider is concerned about cybersecurity in today’s world. Reduce the risk of a data breach or HIPPA violation with a secure, cloud-based storage system. Enjoy free support and get help moving records to the cloud so you’re setup for success from the very beginning.

5. Transfer Data Faster

Moving to a new location? Transferring patient records would take a great deal of time and effort. But an electronic medical records system allows you to transfer massive amounts of data quickly when it’s time to relocate.

6. Lower Costs of Office Supplies

Along with a handwritten chart system comes a slew of other costs, including office supplies like paper, filing folders, staplers, paperclips, etc. You’ll greatly reduce these costs when switching over to an EHR system, since everything you need is all accessible online.

7. Enjoy Ease of Use

Above all else, an EHR system is easy to use, totally adaptable to your setting, and simple to scale up. You’ll be able to learn the interface quickly and onboard new employees with ease. This will save you valuable costs associated with hiring and training.

Consider an EHR System for Your Practice

After reading about the 7 ways EHR systems can reduce practice costs, you may be anxious to learn more. An EHR system will allow you to write notes and prescriptions more efficiently and manage patients from a secure cloud. Discover for yourself the many benefits of using an EHR system.