Cost-justifying electronic medical records.

Abstract

As interest in electronic medical record systems increases, the need to cost-justify these systems is becoming more important. But determining the cost-benefit ratio of such systems is difficult. The cost of implementing a system includes more than the price of hardware and software. It can be difficult to quantify the qualitative benefits associated with computerizing clinical information. Healthcare financial managers should be aware of the uses and limitations of financial tools for assessing electronic medical records technology.

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