EHR vendor simplifyMD has a really interesting post up that looks at what happens with Practice Management software when purchasing an EHR. In the post, they look at the results from a survey done by AC Group of 1,447 practices from November 2011 to March 2012. Here are some of the most interesting findings:
86% of Large Practices Keep Their PM When Purchasing a New EHR
88% of Smaller Practices Replace Their PM When Purchasing a New EHR
81% of Smaller Practices Hurt Their Revenue Stream by Implementing a New PM
Only 4% of Large Practices Felt an Impact to Their Revenue Stream
It tells a really interesting story about the impact of replacing your practice management system during an EHR implementation. I’ve seen the difference in choices made by small practices versus large practices first hand.
This issue is a crazy one because in the time I’ve been writing about EMR software, I’ve seen it flip flop multiple times. When I first started blogging about EMR, everyone wanted to keep their practice management software and just integrate it with their new EMR. Then, it quickly became that everyone wanted an integrated Practice Management and EMR. The above survey results seem to indicate that many clinics should consider going back to the old model of keeping their existing PM.
Full Disclosure: simplifyMD is an advertiser on EMR and EHR, but they didn’t ask me to post about it. I just found the data interesting.