You may be tempted to focus solely on the expense of investing in a new behavioral health EHR system, but that would cover only half of the equation—you need to consider the potential ROI that a fully integrated EHR platform can provide.
Preparing a budget is only one step in planning for the switch to a new EHR system. While there are a few things to take into consideration for budgeting appropriately, you should also estimate your potential ROI as part of the financial analysis.
Specifically, look at efficiencies gained in the following areas:
Clinician caseload management.
Automating some of the notation work necessary to complete a case file allows clinicians more time to take on new clients.
Automating administrative processes through effective technology allows your staff to focus on strategic initiatives rather than menial tasks.
Automatically generating bills submitted to payers decreases the likelihood of clerical error and results in quicker payment.
Where to Go For More Information
Remarkable Health put together an interesting resource titled Switching EHR Systems? How to Choose the Right EHR Provider you can download for free. In this comprehensive, step-by-step guide, it touches on estimating your potential ROI as you prepare your budget.
Download your copy here.