physician offices, which will facilitate the implementation of bundled payments (Green, 2019). Besides, Dynamic will be able to cut down on operational costs that involve integrating all documentation across the three hospitals, 100 physicians, and 12 physician practices. With the new Epic EMR system, Dynamic can benefit from a number of revenue generating activities. For instance, it can consider partnering with other physicians and smaller health care practices in the region and incorporate their documentation into the Epic EMR system; this will not only increase the size of the practice, but all also increase its level of income as a result of an additional number of patients being treated and billed under the system (HealthIT, 2019). Secondly, Dynamic will be able to increase efficiency
savings as the same work will be performed with fewer resources – this implies that because of better scheduling and coordination of care, Dynamic will be able to reduce hospital stays, readmission rates, and administrative time. Further, increased coordination will result more efficient health care services and drug utilization thereby resulting in additional savings (HealthIT, 2018). Thirdly, since not all hospitals, especially smaller practices have access to HIT, Dynamic is likely to attract more private payers, hence an opportunity to increase revenues.ReferencesGreen, J. (2019).How much EHR costs and how to set your budget. EHR in Practice.HealthIT. (2018). Medical Practice Efficiencies & Cost Savings. HealthIT.gov. HealthIT. (2019). Quick stats. HealthIT.gov.