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Case Study: Cardiology Practice Dramatically Reduces Costs And Boosts Revenues With Allscripts

Fox Valley Cardiovascular Consultants save roughly $295,200 per year and improve revenues by up to 23.5 percent—all while improving patient care—using Allscripts Professional EHR and PM solutions.

Two years ago, Fox Valley chose Allscripts Professional EHR and replaced its existing practice management system with the integrated Professional PM. Said Balicki, "We wanted a company that had a strong install base and was committed to providing a good product. Allscripts really did a nice job of getting us up and running very quickly and allowing us to transition seamlessly."

EHR Benefits:

• Save $600 monthly on couriers to transport patient records between offices
• Save $500 monthly on paper charts
• Save $5,000 per month by reducing necessary office space
• Reduced clinical and administrative FTE by streamlining the triage process and eliminating the need to pull medical records
• Physicians gain access to medical records from any office and from the hospital, improving patient care
• Reduce risks from illegible physician handwriting in medical records
• Save $1,000 per month in transcription costs
• Auditing records enables the practice to ensure that exams are documented properly
• ePrescribing improves convenience, productivity and handwriting issues
• The practice is eligible for a 2 percent ePrescribing incentive from Medicaid
• The practice is in line to receive a 1.5 percent PQRIincentives by using Professional EHRreporting
• Drug interaction and allergy alerts prompt physicians to carefully document prescribing decisions
• Online lab results are highly accessible

Source: Allscripts

You can discuss more about Cardiology and related topics in our Cardiology Group.