By Andrea Kowalski, senior vice president of product, Tebra.
As private practices everywhere struggle to maintain their independence, they face changing reimbursements, demanding regulatory requirements, and ever-increasing costs. Implementing an electronic health record (EHR) system can help them to address these challenges. An EHR can improve profitability, reduce operational costs, and increase patient and physician satisfaction — all while having an overall positive impact on patient care.
An EHR has the ability to shape the future of a small practice. From efficiency to a satisfying return on investment to saving time and money, an EHR has demonstrable advantages. Implementing and having a system in place requires commitment and investment. However, such a step will help practices maintain their independence and continue to adapt and thrive in the future.
Centralized Data and Analytics
Thanks to its visual representation, an EHR dashboard offers relevant data with immediate analytics that relate to financial performance, patient care, and open tasks. Each member of the practice can take in a full-picture view that constantly refreshes with new or updated data. With a certified EHR solution, providers and clinical staff have better control of how they deliver care. The practice’s needs, whether charting, documentation, patient history, or eLabs, are delivered all together for smoother operations.
An EHR not only provides insights into critical information but also allows providers to easily and quickly generate reports and examine the data behind the analytics. For example, practice managers can access a real-time view of patients scheduled for the day and their eligibility data, copay information, and more.