
Purchasing an ambulatory electronic medical record (EMR) system is a huge expense. Not only are there the initial software purchase costs, but yearly maintenance costs can also add up. System expenses can be offset by the benefits gleaned resulting in the systems’ Return on Investment (ROI). We have outlined some suggestions to help you perform your own ROI estimate, along with an interactive calculator.
What Is ROI?
ROI can stand for Release Of Information, but in the financial world it stands for return on investment. ROI is used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
Use Our New EMR/ROI Calculator
We are making available an EMR/ROI Calculator , a Web-based tool that will let you quickly estimate your ROI for your organization. The tool takes in key inputs and immediately returns results. We welcome you to try it today.
