Healthcare costs are lowered when patients are treated in a more timely and cost effective manner. When quality care is delivered and patient outcomes improved studies have shown us that costs are decreased.
Research shows that medical errors,patient injury and often patient deaths can be decreased and avoided by the use of CPOE, electronic documentation, decision support systems, drug interaction alerts, eMARs and bar code medication administration systems.
When data is collected (from electronic documentation systems, results reporting systems, point of care diagnostic testing equipment, electronic vital sign monitors, etc) and synthesized into information and then that information is in turn utilized by clinicans as knowledge to diagnosis and treat patients -- that is how systems help to lower health care costs.
Originally Posted by abooker
All of my residents are dehydrated.
I don’t see how our new system will help lower health care costs. Anybody have any insight into this?
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