Medical Practice Management Books, Journals and Articles for Physicians, Practice Administrators and Doctors' Office Managers

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Investigate Funding Alternatives to Support Successful EHR Implementation

Investigate Funding Alternatives to Support Successful EHR Implementation


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National studies show that electronic health record adoption has been sluggish at best, with the two greatest barriers being “fear� (of change) and “funding� (budgets can’t accommodate a significant outlay). While change management must be addressed internally, funding assistance is available from a wide range of sources. After conducting a comprehensive cost and return on investment analysis, physician practices must investigate options and determine which ones “match� their needs and priorities best. Among the available sources are grants or support from federal, state, and local governmental entities; private foundations, payors, and pharmaceutical companies; health information technology vendors; and hospitals and health systems. Seven key considerations can guide practices as they evaluate funding sources to ensure their goals can be achieved.