Cost control

The full savings potential of electronic health records (EHR), or lack thereof, is not entirely clear. But there may be certain instances where EHR can lead to savings. A new article in Forbes examines a few such instances. Here is an excerpt:

The Milliman Group did two studies on so called “multi-payer” portals that work with multiple insurers and found that portals such as NaviNet save doctors an average of $20 per patient, per visit. The savings for an insurance plan covering 500,000 people is estimated between $14.5 million and $15 million a year.

Now extrapolate that out to the entire population of the United States. We’re talking more than $9 billion in annual savings.