EMR, Electronic Medical Records Emergency Medicine, Occupational Medicine, Orthopedics, Urgent Care: Computerised,Medical Records

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Procedure	time	Cost/Value
· PHYSICIAN TIME VALUE TO SELF		$80/HR OR $1.33/MINUTE
· PHYSICIAN TIME VALUE TO HOSPITAL IN $$$ AMOUNT OF SERVICES BILLED. THIS IS DEPENDANT ON FACILITY VOLUME BUT ASSUME PHYSICIAN TREATS 3 PATIENTS/HOUR ASSUME AVERAGE HOSPITAL FEES FOR NURSING SERVICES/FACILITY FEE ARE $300/PATIENT.		$900/HOUR OR $15/MINUTE
R.N. TIME VALUE		$20/HOUR OR $0.33/MINUTE
NURSING TIME TO RE-WRITE PHYSICIAN DISCHARGE INSTRUCTIONS (assume 3 patients/hr)	3 minutes/PT	$26,017/YEAR
TIME/COST SAVINGS FOR FACILITY FEES PERTAINING TO PHYSICIAN HANDWRITING PRESCRIPTION	1 MIN/HR	$131,400/YEAR
TIME/COST TO PHYSICIAN PERTAINING TO PERSONAL INCOME	1 MIN/HR	$11,650/YEAR
PHYSICIAN PHONE CLARIFICATIONS	1MIN/HOUR	$2890/YEAR
NURSING TIME TO LOCATE PHYSICIAN FOR PHONE CLARIFICATION	1 MIN/HOUR	$2890/YEAR
NURSING DOCUMENTATION TIME SAVINGS USING ELECTRONIC MEDICAL RECORD	3 MIN/HOUR	$8672/YEAR
NURSING RETRIEVAL OF OLD MEDICAL RECORDS	3 MIN/HOUR /PATIENT	$26,017.62/YEAR
QA ANALYSIS: 1/3 FTE		$10,000/YEAR
CHART ASSEMBLY/CLERICAL 1/3 FTE		$5,000/YEAR
RECORDS FILING/CLERICAL 1/3 FTE		$5,000/YEAR
INCREASED CODER HANDLING OF PAPER RECORDS FOR FACILITY THAT SEES APPROX 25,000 PATIENTS PER YEAR-1 FTE		$30,000/YEAR
INVENTORY CONTROL-1/3 FTE		$10,000/YEAR
Triplicate forms cost	$ 0.75/patient	$18,750
		TOTAL FACILITY TIME/COST FOR MANAGING PAPER RECORDS= $276,636