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Does Electronic Medical Record Software increase revenues?

April 26, 2017electronic increase medical record revenues Software

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Does Electronic Medical Record Software increase revenues?

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The economy has been in a recessionary trend for some time now and while the economic conditions are challenging, the insurance companies are applying a squeeze on physicians to accept lower reimbursements. Funding by way of donations from private contributions is also reducing thereby adversely impacting availability of cash to implement an EMR / EHR software. Any investment in Electronic Medical Record Software is justified only if it can help in increasing revenues, decreasing costs or overheads, improving patient care or any combination of the above resulting in maximization of reimbursements, collections and customer goodwill.