Premium Essay

Electronic Medical Records from a Business Perspective

In:

Submitted By DeBe
Words 1221
Pages 5
Deborah Bennett
01/22/2013
HCA 240
Instructor Moiz Lalani

Electronic Medical Records from a Business Perspective In this paper we shall analyze how Electronic Medical Records (EMR) impacts health care organizations from a business perspective, as well as how it may impact profit organizations (versus non-profit organizations) differently. In addition we shall discuss perspectives and responsibilities of the financial management staff, and the basic rules and regulations involved with EMR in which the health care financial management of the organization must address. Starting around 1991 the Institute of Medicine (IOM), known to be the leading innovators concerning medical advances, started encouraging those in the health care delivery system to see the future and accept it, by beginning preparation for instituting electronic medical records. Expounding on the many advantages EMRs would allow facilities and physicians alike; such as, providing for more efficiency, through instant access of a patient’s health history (including all labs, tests and meds prescribed by all doctors for the patient) that is stored on the computer and can be accessed throughout the country, and eventually the world. In turn this would also provide for more effective and less redundant care, and with certain software installed for guiding diagnosis and medicine interactions, could also promote error free treatment and care, avoiding life-threatening episodes in this regard (Haupt, 2011). From a business point of view this would save time and money through having data at your fingertips to aid in billing and reimbursement. More importantly less error and more efficient and effective care giving promotes quality and customer satisfaction, not to forget saving lost revenue through lawsuits and further need for extensive care to correct mistakes, which can also lose business

Similar Documents

Premium Essay

Communicationpaper

...Communication modality utilized in health care enhances the communication between patients, extended family members, immediate family and the primary medical provider of the patient. The one specific mode of communication that is utilized by consumers and health care provider’s main source of communication would be electronic medical records. The electronic medical records are very beneficial to the patient and his or her primary medical provider. The electronic medical records could also enhance communication skills between the patient and the physician. The electronic medical records took the place of paper records; also electronic medical records could protect the patient privacy concerning their medical history or current health evaluation. The electronic record will also prevent invasion of a patient privacy concerning their medical history, also the electronic medical history will prevent legal action for the primary medical provider. The electronic medical records will benefit the patient in several ways such as the improvement of a patient medical care, reduction in medical mistakes, and positive financial gain for the medical provider and their business or doctor office. An aspect relating to the values and importance of maintaining patient confidentiality when utilizing this mode of communication in the electronic medical records will focus on the patient privacy, confidentiality, security and respect for the patient. The privacy will...

Words: 801 - Pages: 4

Premium Essay

Electronic Medical Records Annotated Bibliography

...The federal government has mandated that all medical records need to be converted to electronic form by 2014. Providers also have to prove their meaningful use of electronic medical records. Starting in 2015, Medicare and Medicaid payments will be reduced, starting at 1% for not complying with this mandate. Federal grants and funding were made available by the American Recovery and Reinvestment Act to assist health care providers to adopt electronic medical record format. As a result of the mandate there have been numerous articles that have been published by medical and trade journals. The articles cover a wide range of topics as they relate to electronic medical records covering topics such as cost, benefits, cons, patient safety, human error, and federal requirements. This is brief summary of some of the available articles as they relate to health care delivery and electronic medical records. Annotated Bibliography Amatayakul, Margret. (2010, December) Healthcare financial management : journal of the Healthcare Financial Management Association, ISSN 0735-0732, 12/2010, Volume 64, Issue 12, p. 104, 106. Retrieved from http://search.proquest.com.ezproxy. apollolibrary.com/docview/1019985327 This article provides six steps of implementation for electronic health record. The model mirrors the steps of implementation developed by James Prochaska; however, the model was specifically tailored for electronic health record implementation. The process could be used by any facility...

Words: 1720 - Pages: 7

Free Essay

Health Care Research

...the most up to date equipment. This can be obtained through un depth research of innovative medical technology and practices, as well as researching the needs and wants of patients and people in general. This will ensure that the best care will be provided for patients and increase business functionality. Innovation Research and Implementation An area that is changing in healthcare administration is the storage and processing of medical records and patient data. Quantitive research design was used to gather data. The objective of this research was to find a global perspective regarding HDR on how this system assisted healthcare needs of both the patients and healthcare professionals. Through this research solutions were found that would allow better and more affordable healthcare services, and future insight to how medical devices would change over time. In the past, records including charts and personal information were paper files placed in folders and stored in cabinets in the medical records department or hospital libraries. Today, many facilties are now using electronic or digital records that is stored. In the article strategic research was done to find the most efficient, cost effective, and overall beneficial record keeping system in healthcare available. It was discovered that one of the best new innovatios in record keeping is a system called Healthcare Digital Records (HDR). Upon Implementation research was conducted to contemplate which type of systems to innovate...

Words: 671 - Pages: 3

Premium Essay

Information Governance

...incorporating unapplied telecommunications concepts that would have improved your visit. Provide specific examples to support your response. Medical providers are increasingly employing health information technology to improve patient safety, quality of care and efficiencies. However, adoption of health information technology has remained slow in rural areas. The use of electronic medical records would have improved the visit to the health care provider. “Medical records are central to all patient care activities, whether maintained in paper format or electronically. However, the development of a completely electronic longitudinal health record remains an elusive goal”, (Austin, C. J., & Boxerman, S. B, pg.227). Statewide initiatives for rural providers to expand use of interoperable electronic health records and health information technology should be put in place. And, it is important that new technology mandates be scalable. Incorporating Health Information Technology requires thorough and systematic planning involving key stakeholders, which can be time consuming. For rural providers, simply budgeting for time and staff to implement HIT can be very challenging since staffs often have both management and direct patient care responsibilities. Multiple strategies should be used to help rural providers plan and implement electronic health records (EHR). 2. Analyze your local health...

Words: 710 - Pages: 3

Premium Essay

Im-It Analysis

...how they will collectively improve the quality of health care. IM/IT governance helps the organization make business decisions more accurately and in a timelier manner (Glandon, Smaltz, Slovensky, 2008). In order to complete this, five general guidelines were created. They are as follows: Develop a consistent IT strategy, Align IT Planning with Organizational Planning, Develop IT Infrastructure, Architecture and Policies, Set IT Project Priorities and Oversee Investments and Be able to assess IT’s contribution. In order to develop a consistent IT strategy, the plan created must apply across all operating units within the organization. Next, the plan must align with IT planning and organizational planning. Alignment would involve three essential elements for success. First, an alignment of purpose must be in place. IM/IT leadership and organizational leadership must agree that they are trying to achieve the same ends. Second, they must agree to work to develop goals and tactics jointly to meet those ends. Third, these two groups must share the responsibility and accountability to achieve the ends (Stacey, Skinner, 2005). Because plans may change over a period of time, the CIO and CEO should ask the who, what, when, where, why, what do we do, whom to or for questions. This will assist the organizations leadership team in staying in perspective. When developing the IT infrastructure, architecture and policies, the plan should identify the major types of...

Words: 1429 - Pages: 6

Premium Essay

Medical Records System

...Electronic Medical Records Project Charter CMGT/410 July 28, 2012 Project Name: Implement Electronic Medical Records Prepared by Team C Date: 7/28/2012 ELECTRONIC MEDICAL RECORDS DEPLOYMENT Project Manager: Jim Forgath, CIO Project Administrator: Theresa Burke, Project Management Office BACKGROUND: Good Health Medical Services opened its doors in 1997. The company started out with just one primary physician and one specialty physician, which was an Obstetrician/Gynecologist to assist with the women’s health. The company was slow to start up and therefor manual record keeping was not a problem. The head receptionist was able to maintain the records in a timely fashion and was able to keep records up to date. Good Health Medical Services has grown over the years from seeing an average of twenty patients a week to over two hundred patients a week. The staff has also grown and now has over ten specialty physicians that range from Pediatrics to Oncology. The record keeping staff has grown as well going from one person to three people. There have been several cases of misfiled information or lost or missing files and the directors want to lessen some of these factors, save money and move into the current technology world of Electronic Medical Records (EMR). Purpose/ Business Need: The directors feel that there are several benefits to be had by moving from paper files to electronic files. The benefits of EMR are less paper files...

Words: 2778 - Pages: 12

Premium Essay

Given Knowledge of Key Cost and Marginal Revenue Relationships, Use Marginal Analysis to Demonstrate Shutdown, Break-Even and Optimal Output Points, as Well as the Optimal Amount of a Resource to Utilize

...Medical community technological initiatives Proposal Outline 1. Subject of Course Project: To analyze current medical technology infrastructures and insurance accurate processing demands while recommending improvements for doctor and patient level reports, bills, claims, records and data exchange and enhancements through the use of technology and business re-engineering initiatives. 2. Business Problem Statement: As compared with other sectors of society who have successfully integrated IT into their business practices, the field of medicine has not been as aggressive in its approach to IT integration. Due to the rising cost of healthcare and increasing demands by patients and insurers for better quality care, healthcare organizations are being driven to implement IT to improve results. Healthcare is a very “information-intensive, confidential and sensitive industry,” that remains highly fragmented and inefficient. The use of technology in delivering clinical care, processing insurance claims and performing administrative functions has the potential to yield both cost savings and improvements in the care itself. The automation of electronic medical records and claims processing can be shown to save time and money as well as improve the effectiveness of making pertinent patient information and medical charges readily accessible to healthcare providers and patients. Sensitivity to patient privacy rights...

Words: 4934 - Pages: 20

Premium Essay

Challenges and Security Issues

...your computer, determining how secure cloud computing is, and electronic medical records systems. After the review of each case study, a set of questions will be answered to provide details on each study as to what was reviewed. Challenges and Security Issues (Case Studies) Introduction In this assignment, review of three different case studies will be discussed. Topics will include when an antivirus software cripples your computer, determining how secure cloud computing is, and electronic medical records systems. Case Study #1 When Antivirus Software Cripples Your Computers On April 21, 2010, McAfee crippled hundreds of thousands of McAfee equipped machines, by mistakenly sending an update to its users reclassifying svchost.exe as being a malicious file which was known as W32/wecorl.a virus (Humphries, 2010, para 1-2). The factors that were responsible for this software problem was that McAfee failed to send users a warning notifying them that svchost.exe was going to be either deleted or quarantined; instead they deleted the file completely. On the other hand, failure to detect this error was at the fault of McAfee’s automated quality assurance. Another reason this spread so quickly is because of the high demand for faster antivirus updates. As soon as their customers receive an update, they are quick to download it to ensure the safety of their machines. The business impact that this issue had on the business and its customers was very bad. McAfee could have potentially...

Words: 1227 - Pages: 5

Premium Essay

Rn Bsn

...Maine Medical Center 2008 Davies Organizational Award Minerva Ndikum Medical Informatics 6208 DE PhD Philip Aspden This paper compares and contrasts eight different views of two winners of Davies enterprise award. The HIMSS Nicholas E. Davies award recognizes excellence in the implementation and use of health information technology, specifically electronic health records (EHRs), for healthcare organizations, private practices, public health systems, and community health organizations.  The Award honors Dr. Nicholas E. Davies, an Atlanta-based practicing physician, president-elect of the American College of Physicians, and a member of the Institute of Medicine Committee on Improving the Patient Record, who died in 1991 in a plane crash. This paper will compare and contrast the eight difference, the process by which each organization decided to implement an EHR, the goals of each implementation, the governance process for planning and implementation and how stakeholders were involved in each case, the functionality that was implemented in each case, including clinical decision support tools and data sharing with external organizations, how security and data integrity issues were addressed in each case, how user satisfaction with the implementation in each case was addressed and give the results, and how each implementation’s success in meeting the original goals of Sentara healthcare system who won the award in 2010 and Eastern Maine Medical Center...

Words: 2728 - Pages: 11

Premium Essay

Communication and Information

...The Implementation of the Electronic Medical Record The Implementation of the Electronic Medical Record One would believe that with today’s technology the American health care industry would be one of the most advanced in the world. Unfortunately this is not completely so. Our European neighbors are maintaining this lead for many years. Not intending to take everything away from the United States, this country has its medical science history firsts as well. Just to name a few, there is James Dewey Watson who holds the discovery of the molecular structure of DNA. Another American chemist Paul Lauterbur's has the claim of bringing the MRI to the medical world. Certainly this list is not complete without American physician and founder of Provident Hospital in Chicago, Daniel Hale Williams. He has credit for the first successful heart surgery. What America seems to lag behind in is the utilization of new health care technology. American industries not related to health care do not seem to have a problem in implementing new ideas, especially that of advanced technologies. One may ask why American health care so far behind other countries. The electronic medical record (EMR) is one such new technology slow to become the system of choice in American practices. EMRs are widespread in Europe, Australia, and elsewhere, but only 4% of American doctors have a fully functional system, according to the New England Journal of Medicine. President Obama is reinforcing the federal government’s...

Words: 1174 - Pages: 5

Premium Essay

Individual Individual Effective Communication

...have impacted drastically the delivery of healthcare. Communication is a necessary element in healthcare. If there is a lack of communication between family members when a person is hospitalized chaos can occur. As in business, adhering to following standards in effective communication in healthcare facilitate exchange of information between different levels of healthcare professionals as well as internal and external customers. The satisfactory exchange of information; should include concise and relevant statements avoiding unnecessary repetitions; accurate facts and figures should be provided; clear and familiar conversational words should be used. Investing to improve effective communication within healthcare setting can improve the following: improved patient and employee safety; improved quality of care and patient outcomes; decreased length of patient stay or efficient patient movement during the stay; improved patient and family satisfaction; enhanced staff morale and job satisfaction. Communication allows people to understand better and connect with one another. Information can be conveyed in different ways. When communicating with others via phone, fax or e-mail it is essential that all parties understand each other. Advancements in technology and medical equipment have drastically impacted the delivery of healthcare. The use of technology in healthcare has helped improve the...

Words: 1024 - Pages: 5

Premium Essay

Effective Communication

...impacted drastically the delivery of healthcare. Communication is a necessary element in healthcare. If there is a lack of communication between family members when a person is hospitalized chaos can occur. As in business, adhering to following standards in effective communication in healthcare facilitate exchange of information between different levels of healthcare professionals as well as internal and external customers. The satisfactory exchange of information; should include concise and relevant statements avoiding unnecessary repetitions; accurate facts and figures should be provided; clear and familiar conversational words should be used. Investing to improve effective communication within healthcare setting can improve the following: improved patient and employee safety; improved quality of care and patient outcomes; decreased length of patient stay or efficient patient movement during the stay; improved patient and family satisfaction; enhanced staff morale and job satisfaction. Communication allows people to understand better and connect with one another. Information can be conveyed in different ways. When communicating with others via phone, fax or e-mail it is essential that all parties understand each other. Advancements in technology and medical equipment have drastically impacted the delivery of healthcare. The use of technology in healthcare has helped...

Words: 1040 - Pages: 5

Premium Essay

Alternative3

...EHR Value in Medical Office Practices: EHR vs PPR Tonya Durham: L26388489 Liberty University  Tamela Crickenberger 201520 Spring 2015 AMOA 203-D01 LUO EHR Value in Medical Office Practices: EHR vs PPR Many medical offices are adopting EHR systems into their practices, to improve patient care. The use of EHRs physicians and providers can develop an improved and complete patient information records. Electronic Health Records are legible, complete documentation that facilitates can accurately do coding and billing as well as interfaces with labs, registries, and other EHRs easily. While also improving their ability to make well-informed treatment decisions quickly and safely. Reliable access to complete patient health information is essential for safe and effective care. EHRs place accurate and complete information about patients' health and medical history at providers' fingertips. With EHRs, providers can give the best possible care, at the point of care. This can lead to a better patient experience and, most importantly, better patient outcomes. Practices also report that they utilize extracted reports on patient and disease registries to track patient care as well as facilitate quality improvement discussions during clinical meetings. EHRs Support Provider Decision Making EHRs can help providers make efficient, effective decisions about patient care, through: * Improved aggregation, analysis, and communication of patient information * Clinical alerts...

Words: 1146 - Pages: 5

Premium Essay

Health Care Information Systems Terms

...entities" are bound by the constraints of HIPAA to protect private health information. HIPAA training and enforcement is utilized throughout the health care industry, to include providers, payors, patients and a host of ancillary entities. These ancillary organizations can include the insurance industry, schools, employers, public health agencies, and various research organizations. Individuals, organizations, and agencies must comply with the regulations and rules to protect the “privacy and security of health information” (U.S. Department of Health & Human Services., n.d. pp.1). Electronic Medical Record An Electronic Medical Record (EMR) is the documentation, and utilization of a consumer’s health care encounter, created and managed by the providers and staff within one health care organization (Wager, K. A., Lee, F. W., & Glaser, J. P. 2013). The majority of health care records are currently in the format of EMRs. Basic office formatted systems include patient demographic information, patient problem lists, clinical notes, orders for prescriptions, and ancillary test results, including radiology and laboratory. In 2009, approximately 41.5% of physician offices used at least a basic EMR system (Centers for Disease Control and Management, December 2009). Beginning in 2009, and continuing until 2021, eligible providers may...

Words: 1932 - Pages: 8

Premium Essay

Improving Patient Wait Times in a Doctors Office

...IMPROVING PATIENT WAIT TIME IN THE DOCTORS OFFICE Tracey Rentas Old Dominion University Health Informatics CHP485 Dr. Ann Marie Kopitzke February 28, 2014 IMPROVING PATIENT WAIT TIME IN THE DOCTORS OFFICE This paper focuses on the improvement of patient wait times in a physician’s office. While there is more than one cause of long wait times in the doctor’s office the main purpose of interest within this paper is a consumer’s perspective on long wait times, the use of paper based systems, and the importance of updated technology such as electronic health records (EHR) to reduce patient wait times. Long wait times to see a physician in a doctor’s office is a problem that seems to be increasing and lowering patient satisfaction as a result. One of the top consumer complaints across the board is long wait times in the doctor’s office. Whether patients are talking about their primary care physician or their dentist, nothing frustrates people more than showing up 15-30 minutes prior to their appointment only to wait an hour or more to be seen (Downing, 2013). Long wait time to see a physician is becoming more of an exercise of frustration and it seems to be getting worse. It’s getting to the point where one might as well clear their entire day because between getting to the physician’s office, waiting for a very long time to be seen, and finally seeing a doctor, and then driving back home, it’s already a good half of your day down the drain. Often the worst part of a doctor’s...

Words: 2093 - Pages: 9