In the world of digitalization, the healthcare industry plays a vital role in the betterment of society and in boosting a nation’s economic growth. A good healthcare system is focused on improving patient care and safety as its utmost priority. However, this comes with a lot of challenges such as effectively managing the patient data, their demographics, symptoms, medications, integrity of records, etc.
To overcome this, healthcare professionals are turning towards EHR technology and hiring healthcare software development companies to build EHR systems that can bring a revolution in the sector.
The Electronic Health Record (EHR) software is evolving to become a vital part of the healthcare industry by transforming how a patient’s information is stored, exchanged and organized in healthcare institutions or organizations.
According to a recent report, the global EHR market is expected to witness a CAGR of 4.2% while exhibiting a total revenue of more than $36.18 billion by 2027. The adoption rates of the software are bound to increase by 87% while the most important advantages of the same will include patient engagement, accessibility, and standardization.
This article will help you understand in detail how EHR software can be a game-changer in today’s fast-pacing world! But first, let us quickly understand what an EHR software actually means.
Understanding the EHR Software
Electronic Health Record (EHR) software is used to create, store, manage and update patients’ medical records in an electronic system. These records are updated continuously as patients seek treatment from one medical service provider to another.
As per experts, these records are considered more efficient, effective and convenient for both the patients and medical service providers. They can be shared with authorized medical professionals like doctors, pharmacists, laboratories, emergency centers, etc. whenever there is a requirement in the future.
Using cloud storage, EHR software can store an ample amount of information and encourage proper document management in an organization. This is helpful for medical institutions to access the data without the need to look into old files and papers of patient records that fade away with time.
For any business, EHR makes it easy to search a file by the patient’s name, filter it as per the business requirements and check the medical history, treatment and progress of the patient.
Comprehending the Advantages of EHR Software
Electronic Health Record software allows you to offer better patient care while effectively managing your resources. Let us understand the benefits of the EHR software in detail below:
- Improved Patient Care
EHR software has the potential to improve patient care. This has been made possible by enabling authorized users to access patient records and medical history instantly. The process becomes much simpler as the authorities don’t need to run through several tests to understand the root cause of the problems. They get reliable, accurate and complete information about the patients, which helps them to provide the right treatment at the right time.
- Enhanced Productivity
EHR systems help to enhance the productivity of healthcare providers. They are used to integrate the medical information of the patients from multiple sources and organize them in one place. Hence, healthcare providers can save a lot of their time and effort by availing accurate information with no hassle.
- Reduced Medical Care Costs
One of the best advantages of EHR software is that they significantly help to reduce healthcare costs. They help to avoid unnecessary paperwork and reduce the duplication of tests and reports. They also decrease the chances of errors that may happen when an enormous amount of data is managed manually.
- Improved Security
Through data encryption integrated in the EHR systems, only authorized healthcare professionals involved in the process can access complete medical information and history with utmost safety thereby promoting accountability as well as security. All the information available in the electronic system is reliable and accurate. Healthcare providers can understand their patient’s conditions and prescribe medications accordingly.
- Faster Decision Making
The best part of the EHR software is that they integrate the complete information of the patient from multiple sources in one place. As a result, healthcare professionals find patients’ medical history, allergies, prescribed medications, immunization dates, test results with dates, and more conveniently. All the information appears in the patient’s account in an organized manner.
This helps the doctors to diagnose quickly and ensure safe care for the patient. Hence, they can be more efficient in taking decisions regarding the treatment and streamline the process accordingly.
- Quicker Response Time to Diagnosis and Treatment
Currently, the healthcare sector in the US has some loopholes that deserve attention. For example, there’s a lack of integration between different medical institutions. Hence, this creates chances of miscommunication and gaps when a patient seeks treatment from different places.
EHR software addresses this issue. Now, patients don’t need to carry their medical history and all paperwork every time they visit a healthcare professional.
The software acts as the common platform between these institutions that helps to save time in diagnosing a problem. Hence, facilitating immediate response in an emergency. With this, patients can also get their medicines at any time without having to carry a prescription.
Summing up
Electronic Health Record software has great potential to transform the healthcare industry for the better. Sooner or later, they are going to be adopted by an increasing number of healthcare institutions to improve the quality of patient care, streamline processes and coordinate care.
If you are also considering developing one for your business, hop on to this healthcare app development guide for complete clarity on the process. Also, hire a reputed, dedicated healthcare software development company that can help you put things into perspective while ensuring greater ROI and improved efficiency for your business.