EMR Adoption
CareTracker:
Transitioning to an electronic health record system.
In September 2008, Trumbull Medical Practice LLC, a one-physician practice, transitioned from a paper-based office to CareTracker. After implementation, the practice soon began to see increased revenue due to better documentation. Over five years, the practice will gain a projected $184,155 in increased revenue because of increased revenue per patient.
"CareTracker makes it far easier to manage the medical practice, handle medical records and reconcile billing. Overall, it has decreased our licensing costs, and helped us increase the revenue we receive per patient. More important is that it lets Dr. Flores spend more time with patients, provides better medical information and improves medical care."
Scott Hill, Office Manager
Trumbull Medical Practice LLC
| Priorities |
Solution |
Results |
| Transition from a paper-based to an electronic medical record system |
CareTracker |
- Reduction in costs by automating previous paper-based processes
- Increase in enhanced documentation quality and security
- Utilizing built-in e-Prescribing features to qualify for an additional 2% reimbursement from Medicare
- Ability to save time by generating real-time patient and financial reports at the click of a button
- Easy access to all pertinent patient information from any location
- Simplified communication with pharmacies, labs, hospitals, and payers
- Shortened accounts receivable cycles and improving billing accuracy, leading to $34,000 more revenue in 2008 than in 2007, despite fewer patient visits
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