Comments on: Digital Electronic Records and Storage: How Much Can You Save? http://www.citizeneconomists.com/blogs/2008/08/12/digital-electronic-records-and-storage-how-much-can-you-save/ Citizen Economists is an online economics magazine written by citizen journalists. These ordinary citizens provide reports and commentary on the current events affecting the economics of the fields they work in. Thu, 18 Mar 2010 18:10:48 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Scott Smith http://www.citizeneconomists.com/blogs/2008/08/12/digital-electronic-records-and-storage-how-much-can-you-save/comment-page-1/#comment-572 Scott Smith Mon, 18 Aug 2008 16:26:06 +0000 http://www.amateureconomists.com/blogs/?p=214#comment-572 I read your article on electronic medical records and would like to recommend that you and your readers test drive our unique solution. MyMedicalRecords.com (MMR), a Patient Health Record, put a priority on two issues that are difficult to find together in most PHR programs and EMR systems. First is ease-of-use—all your healthcare providers need is a fax machine to put all your records into your account: each is turned into a PDF image using a proprietary process, which you then file. Second is privacy and security: we have such a bulletproof system that no hackers-for-hire have ever been able to penetrate it. You can share the account with up to 10 members of your family and each one would have secondary passwords to be sure privacy is protected. We also provide a special file that can be accessed by emergency personnel, which can have your critical information, like blood type and drug allergies. MMR is also by far the most feature-rich PHR on the market and is an Integrated Service Provider on Google Health—we have everything from a drug interaction database that red flags contraindications to calendar reminders for doctor appointments and prescription refills. If anyone wants to try this out for 30 days, just use the code TRYMMR. Scott Smith MyMedicalRecords.com Smith.scott98@gmail.com I read your article on electronic medical records and would like to recommend that you and your readers test drive our unique solution. MyMedicalRecords.com (MMR), a Patient Health Record, put a priority on two issues that are difficult to find together in most PHR programs and EMR systems. First is ease-of-use—all your healthcare providers need is a fax machine to put all your records into your account: each is turned into a PDF image using a proprietary process, which you then file. Second is privacy and security: we have such a bulletproof system that no hackers-for-hire have ever been able to penetrate it. You can share the account with up to 10 members of your family and each one would have secondary passwords to be sure privacy is protected. We also provide a special file that can be accessed by emergency personnel, which can have your critical information, like blood type and drug allergies. MMR is also by far the most feature-rich PHR on the market and is an Integrated Service Provider on Google Health—we have everything from a drug interaction database that red flags contraindications to calendar reminders for doctor appointments and prescription refills. If anyone wants to try this out for 30 days, just use the code TRYMMR.
Scott Smith
MyMedicalRecords.com
Smith.scott98@gmail.com

]]> By: JL http://www.citizeneconomists.com/blogs/2008/08/12/digital-electronic-records-and-storage-how-much-can-you-save/comment-page-1/#comment-523 JL Wed, 13 Aug 2008 17:32:40 +0000 http://www.amateureconomists.com/blogs/?p=214#comment-523 Dr. JC, Great post. If we could find a high-speed scanner to scan one chart in 2.5 minutes instead of 5 minutes, that would save us $10,000 for the 12,000 charts. I wonder what the difference in price would be for a high-speed scanner versus a "regular" scanner. If the difference in price is less than $10,000, it would be worth it to buy it. Also, I wonder if we would have to scan all the MRI and CT scan pictures from the patient charts. I hope not, because that might take more time. The xrays would be quick though, plus you can use the black and white setting on the scanner for xrays. For MRIs, you need color because I think MRIs are "green". Dr. JC,

Great post.

If we could find a high-speed scanner to scan one chart in 2.5 minutes instead of 5 minutes, that would save us $10,000 for the 12,000 charts.

I wonder what the difference in price would be for a high-speed scanner versus a “regular” scanner. If the difference in price is less than $10,000, it would be worth it to buy it.

Also, I wonder if we would have to scan all the MRI and CT scan pictures from the patient charts. I hope not, because that might take more time. The xrays would be quick though, plus you can use the black and white setting on the scanner for xrays. For MRIs, you need color because I think MRIs are “green”.

]]> By: Tom http://www.citizeneconomists.com/blogs/2008/08/12/digital-electronic-records-and-storage-how-much-can-you-save/comment-page-1/#comment-504 Tom Tue, 12 Aug 2008 20:23:29 +0000 http://www.amateureconomists.com/blogs/?p=214#comment-504 There are a couple of blatant things wrong with your calculation that I can see: 1st - you're 20k cost compared to the decade cost totally leaves out the time value of money. 2nd - Who do you know that makes $20 per hour scanning paper? Better #'s are 1st, 20k * 3 percent or so assuming they just kept the money in a money market type investment is an extra cost of interest lost is $6,878.33 over a decade. At minimum wage plus benefits and taxes (what you'd really probably pay) and the cost of interest is more like a total of 14,850.27 vs. the 2400 cost to store. good luck! TM There are a couple of blatant things wrong with your calculation that I can see:
1st – you’re 20k cost compared to the decade cost totally leaves out the time value of money.
2nd – Who do you know that makes $20 per hour scanning paper?

Better #’s are 1st, 20k * 3 percent or so assuming they just kept the money in a money market type investment is an extra cost of interest lost is $6,878.33 over a decade.

At minimum wage plus benefits and taxes (what you’d really probably pay) and the cost of interest is more like a total of 14,850.27 vs. the 2400 cost to store.

good luck!
TM

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