And, of course, saving time translated into saving money for these practices as well. With reduced transcription costs and reduced filing, storage, and chart-pulling costs, these practices saw a great reduction in their spending. In fact, for large hospitals and clinics, implementing such a system can save as much as $59 million in 5 years.
On top of it all, clinics using these systems experienced reduced medical errors and improved patient health and quality of care provided. Not only does this also help to reduce wasted time and money in these clinics, but it leads to happier, healthier patients. Anything that culminates in health or happiness is a boon to the health care industry.
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About the Author: Jesse Wood is the CEO of document management software vendor, eFileCabinet. Founded in 2001, eFileCabinet Inc. began as a cutting-edge tool to digitally store records in accounting firms. As it grew in popularity, eFileCabinet developed into a full-fledged electronic document management solution designed to help organizations automate redundant processes, ensure security, and solve common office problems.Back to HCB News
