The digitization of healthcare was a much-needed change brought after years of hard work and effort. One might wonder how could one justify the expenditure of 10 billion dollars in a span of five years just on digitization! The problem intensifies when after several studies we find out that EHRs only reciprocate around 30-35 cents on a dollar and sometimes the figure dips to 15 cents!
Why have we digitized healthcare when the efforts required to get the desired result is still too much? I think we haven’t used the available technological aids appropriately! It is like driving a car at midnight and not knowing that you’ve headlights! You can have a clear view of your path, you can get to your destination fairly fast but can’t because you don’t know what is going to help you and in what way, your performance is reduced to a great extent to be able to achieve what you desire.
Justified use of EHR could create the needed ecosystem
According to a report, 10 to 20% of savings are possible if a Value-focused healthcare organizations capitalize on EHRs and interact with their patients better through technology. The amount that could be saved annually per bed is in between $10,000 and $20,000.
There are incentives for meaningful use of EHRs, but the truth is that the return through meaningful use incentives is somewhere around 15 or 20 cents on a dollars! There have been implementation, stabilization and optimization problems that have made it hard for healthcare organizations to extract the best out of EHRs. Practices will have to start using data as a source of innovation and come up with solutions that’ll not provide them better incentives but assist them in providing even better patient-centric care.
There are certain key points one can work on to make their healthcare ecosystem more efficient and patient-centric. Only judicious Data Usage from data disparate sources can help in so many ways, imagine what else is possible with advanced solutions. The integration of EHR with different disparate sources could be really beneficial in understanding the factors that drive value-based care. For instance, with the help of various data one can perform:
As we prepare ourselves for MACRA, a lot of efforts are required to adapt to it successfully. Under MACRA, the care quality standards set are high and apt technological aid will be the need of the hour. The most important thing is how we make the patients safer and how they get the best medical aid with the best technology. People often doubt what good technology can do to healthcare, but there are many stories which have proved how the quality of care was improved with the help of technology.
Wonders could happen if we are ready to embrace the change. Going to space wasn’t an overnight phenomenon, but today humankind imagines a life on Mars! It might take time to lay the foundation, but it would be worth it. Imagine all the great things you can do with it! Precision Medicine, automated Care Coordination, better savings, and so much more. Let’s build a future for upcoming generations we dream to have.
For more updates , Subscribe
If you want to see our efforts in the area , schedule a quick demo