FirstEMR™
EMR Benefits
How you benefit
Integrate vital information into a comprehensive clinical information repository
With FirstEMR, electronic medical record system you can manage, share, collect together and protect all of the critical medical information. Access medical records at the speed of modern computers. EMR records don't get lost or misplaced!
Lower costs and better manage risk
Increase the pace of information flow by consolidating information across your clinical operations, from admission to treatment to labs and beyond, including service delivery, coding/billing accuracy, and better document patient encounters and work — all while reducing your operating costs. FirstEMR systems provide information 24x7 and contribute significantly to better decision making, reduced errors, improved outcomes, and lower malpractice risk.
Improve quality of care
FirstEMR will consolidating and integrating your patient information to increase quality of patient care. It provides admitting staff, physicians, and other care giving and business professionals appropriate access to common patient data while maintaining privacy requirements.
Adapt to regulatory changes
Comply with HIPAA and other legislative and regulatory organizations. FirstEMR allows administrators and management to more easily document and conform to the changes in the regulatory environment. These systems allow auditors and regulators to rapidly assess compliance.
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Administrative and management benefits
- Increase Income with the ease and ability to switch to Pay-for-Performance (P4P)
- Fewer personnel are needed if clinicians enter some of the information - also save on transcription costs
- Decrease or eliminate labor-intensive chart pulls and re-files
- Reduce or eliminate the costly tasks of creating and managing paper charts
- Provide rapid access to comprehensive information when needed - fewer misplaced or duplicate charts
- Communicate key information better and with more accuracy
- Provide rapid responses to chart/record requests and audits
..............Improve and track overall processes
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FirstEMR Financial Benefit #1
Increased productivity and Response time
Your organization will see improved productivity as a result of the many processes that become automated through the use of FirstEMR technology. Tasks like pulling/filing paper charts become replaced by simply clicking a patients name in the EMR system. End-of-day reporting becomes much easier as reports can be generated directly from the EMR system. Lab and imaging results can be placed directly into the EMR, thereby making it easier for users to access. Integration with diagnostic devices enables users to input results/findings directly into the EMR, eliminating the need to manage the many types of forms used in today’s offices. Though it is clear that EMR can make our offices more productive; what we do with this new time doesn’t necessarily translate into financial benefit.
FirstEMR Financial Benefit #2
Increased revenue and Decrease Overhead
EMR can increase your revenue by providing physicians with better coding recommendations and providing physicians with the ability to offer new services to patients. E/M level coding assistance can be an incredible financial benefit, especially in family practice, pediatric and internal medicine practices. In fact, a recent study by Medical Economics Magazine stated that a physician not coding to the maximum E/M levels may be losing $40,000 to $50,000 annually3. Many EMR vendors offer features for patients to view their medical information, schedule/cancel appointments, and complete forms ahead of time via the organization’s website. This can help attract new business and reduce the load on your staff. EMR also enables offices to reduce their physical storage space by drastically reducing the amount of paper used for each patient. This can translate into having more office space available for treatment, possibly providing room for an additional associate. Improved insurance re-imbursement as a result of better coding and billing procedures can also increase your revenue. Being in closer touch with patient’s treatment plans and filing documentation at the right time can help maximize reimbursement. This helps the physician run the practice more like a business.
FirstEMR Financial Benefit #3
Increased profit
In order to increase profit one needs to take into account all these possible benefits and compare them to the new costs that will be incurred as a result of an EMR implementation. Many benefits however, are difficult to quantify such as, improved care, patient satisfaction, and office image. These all contribute to higher profits as a result of increased patient referrals and better patient retention.