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How to select the best Electronic Health Record
(EHR) Software Vendor for your business in 2020

• Submitted by 360Quadrants

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What is Electronic Health Record Software?

• An electronic health record software, also called
  EHR Software, securely stores the medical
  information of patientsincluding medication
  lists, lab results, visit notes, and patient and
  provider communications.
• Physicians from around the world are increasingly
  taking advantage of EHR solutions in order to
  track the medical progress of their patients and
  help them remain compliant with national and
  international healthcare regulations.
• EHRs are stored securely on a central server,
  allowing them to be accessed by multiple
  providers and healthcare professionals as and
  when required. Electronic health records can
  either be stored locally in a physicians office
  or be cloud-based.

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Checklist to start buying process

• The number of licensed physicians in the practice
• The number of locations the practice has
• Type of practice
• Primary care
• Hospital
• Specialty
• Dental
• Physical therapy/chiropractic, etc.
• Type of solution
• Practice Management Software
• Patient Management Software
• Dental Billing Software
• Medical Billing Service, etc
• It is essential to involve all the providers in
  the medical practice, as well as other key
  decision makers, in the selection process. As the
  entire team will be using the system, the
  importance of their feedback is significant.

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Steps to select the best-fit EHR software

• Research the Market- One can begin their research
  by reviewing the recent trends and popular brands
  in the market. User reviews also help find out
  which EHR application performed well for what
  type of user.
• Identification of Priorities- Priority plays a
  significant role when selecting the perfect EHR
  solution for ones practice. A few of the
  questions to consider include Do you want a
  software that is user-friendly and easy to learn?
  Do you need software with a low implementation
  period? Do you want a budget solution that
  provides all the core features?
• Listing Candidates- Once the Key features have
  been identified, each vendor can be contacted
  directly for price quotes and understanding of
  features.
• Shortlisting- Once a long list is prepared,
  solutions can be eliminated until only the top
  three vendors remain. Once this is done, sales
  representatives can be contacted for requesting
  demonstrations for members of the practice and
  other stakeholders.
• Live Software Demonstration- During
  demonstrations, vendors often focus on the tools
  that the potential client is interested infor
  instance, if one is interested in a Practice
  Management solution as well as an EMR system, the
  sales representative may demonstrate and explain
  the benefits of both modules. At this stage, one
  can note down the important features and share
  the details of the demonstration with others in
  the practice.
• Compare Contracts/Agreements- After the
  demonstration is completed, one can request an
  agreement or contract from the vendors that
  appealed to them. The agreements can be compared
  and checked for favorable terms

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Laws and regulations EHR systems

• The introduction of regulations like Medicare
  Access CHIP Reauthorization Act (MACRA) and the
  Merit-based Incentive Payment System (MIPS) has
  clearly outlined incentives and penalties for
  healthcare organizations.
• Essentially, healthcare organizations that score
  well on the Center for Medicare and Medicaid
  Services' (CMS) list of criteria might receive
  positive adjustments to their Medicare and
  Medicaid reimbursements, while those that score
  low might incur penalties.
• Apart from promoting the meaningful use of EHR
  software, the US government has given prime
  importance to privacy and security through the
  Health Insurance Portability and Accountability
  Act (HIPAA) and the Health Information Technology
  for Economic and Clinical Health (HITECH) Act.
• These regulations administer everything from how
  an individual organization handles and stores
  patient data, to how multiple organizations share
  data, to how third parties must conduct
  themselves when handling healthcare data on
  behalf of a provider.

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Thank you