Calculator

Calculate your savings with a new EHR

Thinking about switching to an EHR that’s better for your practice, your patients, and your future? Use this calculator to evaluate the costs and benefits of making the switch, then calculate your potential Return on Investment (ROI) and feel confident in your choice.
Calculate the direct costs of switching to your new EHR
Quantify the indirect costs of not switching
Estimate your potential gains

Sneak Peek

FAQs

FAQs

  • What are the benefits of switching to a new EHR?

    Switching to a new EHR can help improve your practice efficiency and boost your net revenue by an average of 13%. By automating coding processes, your EHR can help minimize claim errors and improve your reimbursement rate. A new EHR can also help improve patient retention by offering convenient scheduling and communication tools. As you grow your business, a robust EHR can scale with you to support expanded service offerings, additional providers, and new locations.

  • What are the direct costs to consider when switching EHRs?

    The cost of switching to a new EHR includes direct charges like purchase, subscription, setup, and customization fees, as well as the price of any hardware upgrades necessary to support the new system. Additionally, consider the costs of data migration and staff training, as well as the potential lost revenue from suspending your operations during the transition period. Be sure to double check for any termination fees in your current EHR contract, especially if you will be ending your agreement early.

  • What are the indirect costs of not switching EHRs?

    Choosing not to switch to a better EHR can lead to inefficient workflows that cost your practice valuable staff time spent on manual tasks like patient intake, documentation, and billing. Frequent claim errors can delay reimbursements and require extra hours to fix, hurting your annual revenue. A cumbersome patient experience can threaten your retention rate and further diminish your income, while a poor staff user interface can lead to frustration and costly turnover.

  • How can a new EHR improve practice efficiency?

    75% of surveyed providers report that switching EHRs has improved their workflows and productivity, and 70% say their EHR allows them to spend more time on patient care instead of focusing on documentation. Additionally, data shows that the average practice increased active patients by 56% after switching EHRs, with only 22% more clinician hours required to meet that increased volume.