July 06, 2023  SEONews

It’s time to expect more from EHRs – Medical Economics

The first electronic medical record (EMR) was developed in 1972 by the Regenstreif Institute and was viewed as a major advancement in medical practice.

Electronic records evolved beyond capturing patient history to a more comprehensive view of a patient’s health and now are known as electronic health records (EHRs). They were seen as a critical tool to improve the quality and efficiency of clinical care such that legislation was introduced to encourage their adoption. The Health Information Technology for Economic and Clinical Health (HITECH) Act, a component of the American Recovery and Reinvestment Act of 2009 (ARRA), provided incentives and disincentives that led to wide-scale adoption and use of EHRs.

As of 2021, 88% of office-based physicians and essentially all acute-care hospitals were using EHRs. U.S. EHR expenditures grew an average of 5.4% annually from 2015 to 2019, totaling $14.5 billion in 2019. And spending growth is forecast to reach $19.9 billion in 2024, $9.9…

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source: https://news.oneseocompany.com/2023/07/06/its-time-to-expect-more-from-ehrs-medical-economics_2023070647291.html

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