If you’ve ever wondered what you might expect to see in ROI after implementing a fully integrated EHR solution, Remarkable Health’s new infographic digs deep into the statistics. Presenting the numbers in an interesting and easy-to-read graphic, Remarkable Health uses information from a wide variety of reputable sources like the Health Information and Management System Society and the EHR Institute.
The infographic entitled What to Expect When You Invest in a Complete EHR System brings out some surprising stats on EHR ROI, beyond the simple reduction of paper and soft returns like increased staff morale.
Why You Should Consider More Than Just a Billing System
Imagine the valuable time and effort from clinicians to staff to executives that can be saved when you automate routine business and client care functions. Everything from the intake of clients, scheduling appointments, clinician diagnoses and notes, and the right medical coding and billing can be handled efficiently from one dashboard.
Not to be overlooked is the time your administrative staff spends in entering remittances and payments. Some behavioral health agencies have reduced that time from 40 hours per week to 10 minutes.
You need more than a billing system to achieve that level of functionality.
The Effect to Your Bottom Line
The HIMSS reported hard ROI figures of behavioral health EHR software solutions to both President Obama and Congress. They reported on 3 different billing improvements that result in a better revenue management cycle. HIMSS also noted several behavioral health EHR software providers report busy agencies and clinics can generate a 98% reduction in rejected claims.
The Remarkable Health infographic also points out how over 3 years after implementing a good behavioral health EHR, some organizations have been able to reduce bad debt by 93%.
There are more statistics presented in the infographic that expand on these and other ROI results.
What Users of Behavioral Health EHRs Have to Say
Behavior Healthcare Executive surveyed their readers who use EHRs and found a variety advantages to implementing a complete EHR system. The top five listed in order of important are:
- Improving client care
- Eliminating paper storage
- Improving staff efficiency
- Ensuring reimbursement
- Tracking outcomes
Some of Remarkable Health’s Advantages
Remarkable Health surveyed their own client base and found some very promising results:
- 3% of their customers’ AR is under 90 days
- 6% of customers have a first-time acceptance rate
There are other impressive results specific to Remarkable Health that are mentioned in the new infographic, What to Expect When You Invest in a Complete EHR System.
Where to Get More Information
The infographic states, “When you implement a complete behavioral health EHR system, your clinicians will spend less time in front of a screen, leaving time to help more clients.”
The statistics, benefits, advantages, and numerical results detailed in Remarkable Health’s infographic all translate into a substantial ROI that means better client care, improved revenue cycle management, and a net positive effect on a clinic’s bottom line.
After reading What to Expect When You Invest in a Complete EHR System, you’ll have a clearer idea of the type of ROI you might see after implementing a new EHR system.