Last weekend Dr Bowen and Tony McCormick presented information on Meaningful Use as it pertains to the Physicians Practice, talked about the “Open Source Way” and did a short demo of OpenEMR 4.0.
Part of that demo included a simple ROI calculation that was the result of a small survey of practices currently using an EMR and the cost of that tool. The result was shocking, even considering a wide margin of error. The representative “High End” EHR had a 5 year ROI (1 physician practice), -68%, For the “Mid Range” the ROI was -45% and for OpenEMR it was a 371%….
Beat that :-) –Tonyread more