Electronic Health Records

Adoption & Implementation News

Advanced EHR Use Will Save $78 Billion Over Next Five Years

By Jennifer Bresnick

The global healthcare market stands to save at least $78 billion over the next half a decade from advanced EHR use, predicts a report from UK-based Juniper Research.

EHRs are the foundation upon which the global healthcare economy will build a new reliance on population health management, value-based reimbursement, and accountable care, the report says. “Advanced EHRs will provide the ‘glue’ to bring together the devices, stakeholders and medical records in the future connected healthcare environment,” says the report’s author, Anthony Cox.

In the United States, evidence of the cost-saving properties of EHRs is not entirely conclusive.  While some studies boast that advanced EHR use can save up to ten percent for providers, others are more neutral on the financial benefits of the technology.  Many healthcare organizations continue to struggle with the upfront expenses and subsequent investments necessary to make the best use of their health IT infrastructures, and backlash against poorly designed EHR interfaces is a common theme among physician complaints.

However, the vast majority of healthcare organizations are still optimistic that EHR technology can prove its benefits to users and patients, and continue to pursue health IT on a large scale as meaningful use and other programs spur healthcare technology to new heights.

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