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hospitals cost 9.66% less than in those without EHR systems (Kazley, Simpson, & Teufel, 2014).Savings to Assure Investors It is expected that far less human resources will need to be devoted to the EHR system as it requires minimal upkeep in daily operations. These resources can be reallocated to other areas to increase productivity in revenue generating areas instead of administrative tasks. Investors can be assure of a more efficient use of human resources which is likely to result in significant additional revenues over time.
References HealthIT.gov. (2018). Medical Practice Efficiencies & Cost Savings. Retrieved June 18, 2019, from -practice-efficiencies-cost-savingsKazley, A., Simpson, A., & Teufel, R. (2014). Association of Electronic Health Records with Cost Savings in a National Sample. The American Journal of Managed Care, 20(6) 183-190.Medcity Influencers. (2013). Four Ways an EMR Can Save You Money. Retrieved June 18, 2019, from