Capturing The Financial Benefits Of Electronic Medical Record Investments In The Small Medical Practice

Spruell, James; Vicknair, David; Dochterman, Sylvia
June 2010
Journal of Business & Economics Research;Jun2010, Vol. 8 Issue 6, p85
Academic Journal
This study examines the challenges faced by the small medical practice (1-2 providers) in capturing the financial benefits of investing in Electronic Medical Records (EMR). In particular the paper focuses on three key elements of the process: (A) A theoretical framework that explores the underlying principles that drive the variation in benefit capture and ROI associated with EMR investments; (B) The risk to reward levels that set an appropriate cost of capital for investments of this type; and (C) An understanding (and limit) of financial exposure during EMR projects.


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