Implementing electronic health records systems in long term and post-acute care (LTPAC) organizations is costly. Successful EHR implementation takes considerable money, time and energy. EHR vendors and experts cite improved management processes, better referral source integration, and regulation compliance as key benefits..
Are there other impacts related to EHR implementation? HealthCap, a leading LTPAC risk manager explored the less obvious impacts of EHR implementation: the effect on liability claims.
HealthCap partnered with the leading provider of electronic health records to the long term care industry PointClickCare to examine the effect of electronic health records implementation on liability claims, a significant cost of business for health care providers.
We found that PointClickCare implementation is associated with significant lower liability claims experience: specifically, initial results show that facilities implementing PointClickCare had a 38% reduction in the risk of multiple claims during a year, and an estimated reduction in liability losses of $7,000 per 100 bed facility per year.