In: Finance
Imagine you are an administrator at a hospital that is considering the implementation of EHR. Some providers are for it while others argue against it. As an administrator, you are obligated to consider ethics concerns as well as appropriate resource allocation. Discuss the ethics concern that you must consider in this situation. Now, think about the investment costs of EHR. Which principles of ethics can you use to defend (or not) the investment required to implement EHR?
When health care providers have access to complete and accurate information, patients receive better medical care. Electronic health records (EHRs) can improve the ability to diagnose diseases and reduce—even prevent—medical errors, improving patient outcomes.
EHRs helps to
Regarding investment costs of EHRs
Installing an EHR system has many benefits for providers. That includes both tangible effects, such as government incentive payments for EHR adoption and increases in efficiency, as well as benefits that are more difficult to measure, such as higher patient satisfaction and a competitive advantage over other providers.
Using electronic health records (EHRs) can help the organization build a sustainable medical practice. While EHRs do require investments for technology and training, a fully functional EHR system can lead to long-term savings in a variety of areas and better business. Studies have shown EHRs to generate a positive return on investment.