Hospital EMR Stimulus ROI Calculator

Posted on March 17, 2010 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Try to get a straight answer on how much an electronic health records system cost for a hospital (yes, I sometimes talk about hospital EMR on this blog too) and it’s nearly impossible. Of course, it’s the number one question on most hospital executives’ minds in light of stimulus funding, a simple price tag is still hard to find and you simply can’t find a straight answer.

Well, the people at MedSphere (memorable for their VW Bus pic at HIMSS) have put out a hospital EHR stimulus ROI calculator. The required fields are provider number and number of beds. As always I’m a bit skeptical about any sort of ROI calculator, but I like to have as much data as possible. So, here’s one other reference for those trying to calculate the EHR stimulus ROI.