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May 14, 2009Urology of San Antonio Realizes a Dramatic Return on Investment with EMR Solution
With revenues hitting a plateau, Urology of San Antonio boldly implemented an electronic medical record (EMR) and practice management system. As a result, the practice increased revenue by raising patient throughput, captured missed charges by optimizing medical coding, and cut costs drastically by eliminating paper processes and reliance on transcription services. Urology of San Antonio broke even on its investment 10 months after go-live and improved its financial outlook and quality of patient care.
Challenge
When the physicians of Urology of San Antonio met to discuss their practice’s future financial status, they concluded that they needed to cut costs and enhance existing revenue streams to maintain or improve profitability. The practice decided to meet this goal by implementing an EMR solution. Although a significant investment in human and financial capital would be required, the group realized that an EMR system would boost productivity and yield positive long-term financial benefits.
At a Glance
Organization: Urology of San Antonio, San Antonio, Texas
– 18 physicians
– Six clinical offices
– One surgery center
– Centralized business office
Solution Spotlight
– Practice Partner® Patient Records
– Practice Partner® Appointment Scheduler
– Practice Partner® Medical Billing
Critical Issues
– Maintaining and improving profitability
– Reducing costs associated with paper charts and paper-driven processes
– Improving coding accuracy
– Enhancing clinical efficiency, patient care and service
Results
– $150,000 annual savings in transcription costs
– $144,000 annual savings in labor costs
– $40,000 annual savings in paper supplies costs
– $360,000 annual revenue increase resulting from coding efficiencies
– Increased daily visits
Read the full case study: “Urology of San Antonio Realizes a Dramatic Return on Investment with EMR Solution.”
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Horaayy..there are 8 comment(s) for me so far ;)
A fast electronic medical record system requires less time invested in trouble shooting and allows more time invested in caring for patients. A well written article.
Everything is changing and continuosly progressing, so why not medical recording. EMR or electronic medical records are very helpful nowadays because it is easier to access your medical info. EMR are fast and reliable for they are govern by a physician, in the same way, the consumer controls his or her own health information. EMR is considered to be one of client’s partner in healthcare. Very well written article
I am 48 years of age I’ve had a frequent urination problem ever since I can remember. I’ve Been to many doctors and have had many test, Always the test come back good meaning there is nothing bad. On one hand that is a good thing on the other hand what is wrong with me? I keep records over a three day period the lowest in a 24 hour period was 25 times and the most was 32 times in one day. I’ve tried all the medications available and if anything they made it worse.Have there any case studies for such a person like me? Please contact me @ my work or my cell phone.
John Glassmire
work 856-456-0600
cell 215-852-5511
Just think if everyone had an EMR. If everyone would have a flash drive around their neck or on their person likes an electronic dog tag. You would not need the Internet. All you would need to do is plug the flash drive into the USB port and a pre-set form would come up with all the pertinent info. All the info needed to treat a patient. Like medical history, allergies and medications. We would save so much money, because of the time saving element. No need to run so many tests. And of course a lot less medical mistakes because they would have a great base to work from with each patient.
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Peter Freeman
doctorsimprovinghealthcares@gmail.com
It’s good to have all this discussion and case study of EMR here. Electronic Medical Records has been a popular topic of discussion throughout the healthcare industry, with extensive pressure from the government for physicians to convert to EMR. However, there has been little concrete data on the actual return physicians will receive on their investment.
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EMR is definitely the future to achieving both cost side and profit side benefits for medical institutions.
There are plenty of companies that are working furiously on EMR solutions to cater to the vast medical industry where EMR is mostly yet to take off.