Selecting an EHR can be daunting.
Your EHR is responsible for sensitive data across all areas of your practice - that’s a lot of responsibility for one system. It’s even more responsibility for those tasked with choosing the right system.
To make matters worse, it’s almost impossible to find accurate information surrounding EHR cost, how many employees actually use the system, and the time it takes to choose a system.
We’ve gathered and analyzed data from over a hundred EHR projects active in the last year to provide an accurate view of what you can expect when selecting a system. Our 2021 EHR project report provides a comprehensive overview of timeframes for selecting EHR, reasons for implementing a new system, and average budgets.
Quick jump to:
- How much does EHR cost?
- How long does it take to select an EHR?
- What is the top reason for selecting an EHR?
Here is a summary of some of our key findings:
1. On average, practices spend 9 weeks selecting EHR
The time frame for selecting an EHR is only 9 weeks for most organizations.
This year, we found that selection timeframes reduced across practices of all sizes. More practices were looking to select a system within 10 weeks with little variance depending on the business size.
Usually, we see larger practices spending more time to select a system compared to solo practices, however this year they both spent 9 weeks, on average, selecting their system. More health care organizations may be looking to implement a solution quickly due to the current circumstances with the pandemic.
2. The top reason for implementing EHR is to support growth
The most popular reason for implementing an EHR was to support growth, which dominated as the top reason for implementing with 35.44% of practices saying this was the driving factor to selecting a new system. A significant number of practices also sought an EHR to gain greater functionality, as well as improving efficiency - combined, these reasons make up almost 40% of the practice’s reason for implementing.
3. The average budget per user for EHR software is $6,000
The most common question asked about EHR has to be: how much does EHR cost?
Well, according to our EHR research, you can expect to pay around $6,000 on each user of your system. This is the average budget per user across practices of all sizes over a five year period.
Solo practices had a significantly higher budget compared to larger practices. It’s possible that larger practices are benefitting from economies of scale leading their cost per user to be lower than solo practices.
Read more interesting statistics and gain a full overview of the EHR market by downloading the full Software Path 2021 EHR Software Project Report.