Clinic ROI Calculator for EMR-Link Lab Orders
Per month Per year
Providers ordering labs 20 Monthly EMR-Link $12.50 Cost of $250 $3,000
subscription per EMR-Link subscriptions
provider
Labs ordered per 200 Average hourly wage for $20 Dollars Saved $3,907 $46,880
provider per month clinic staff
Number of labs ordered 4000 Hours Saved 195 2344
Minutes per Hours per Hours per
month month year
Faster, more % of lab orders that are 100 Number of hand- 4000 Minutes to 1 4000 67 800
accurate lab hand-entered into a LIS entered lab orders hand enter an
order entry order
Accurate % of lab results that 6 Number of chart 240 Minutes to 2 480 8 96
matching of lab don't match to charts matching errors correct one
results to charts matching error
Correct routing of % of lab results that 10 Number of lab results 400 Minutes to 1 400 7 80
results to the don't route to ordering that don't route to correct one
ordering physician ordering physician routing error
physician
Auto-completion % of lab orders requiring 100 Number of lab orders 4000 Minutes to 1 4000 67 800
of EMR lab order manual completion requiring manual manually
status completion complete one
lab order
On-the-spot CMS % of lab orders missing 5 Number of lab orders 200 Minutes to 7 1400 23 280
medical necessity diagnosis required by missing diagnosis track down the
validation CMS (Medicare) required by CMS diagnosis and
(Medicare) update the
chart
Validation of % of lab orders with 3 Number of lab orders 120 Minutes to 7 840 14 168
complete incomplete insurance with incomplete track down
insurance data insurance data insurance info
information and call the lab
Reduced IT Number of lab vendors 1 Hours per month to 10 10 120
maintenance of with unique connectivity support each interface
lab interfaces solutions
Lab ROI Calculator for EMR-Link Lab Orders Monthly Monthly
Total lab orders from 2000 Savings Savings
Centricity EMR clinics (Hours/month) (dollars)
Average hourly wage for $20 110 $3,200
lab staff
% of lab orders covered by 50 Number of lab orders 1000
Medicare covered by Medicare
Minutes per Hours per month
month
Reduced data % of lab orders that have 100 Number of hand-entered 2000 Minutes to 1 2000 33
entry to be hand-entered at lab orders enter one lab
accessioning order
Fewer order % data entry errors 5 Number of data entry 100 Minutes to 10 1000 17
errors errors correct one
error
Reduced % Medicare lab orders 5 Number of Medicare lab 50 Avg cost of $20 $1,000
Medicare written off due to missing orders missing diagnosis writing off one
writeoffs diagnosis lab order
Reduced % Medicare lab orders 20 Number of Medicare lab 200 Minutes for 12 2400 40
Medicare missing diagnosis requiring orders requiring callback one clinic
callbacks callback callback
Reduced IT Number of clinics with 10 Minutes per 120 1200 20
maintenance of connectivity month to
lab interfaces support each
clinic