Healthland ROI CAH by bHw9MIQV

VIEWS: 10 PAGES: 14

									                        Healthland EMR
               Return On Investment Calculations
This tool is intended for use by Critical Access hospitals. PPS hospitals
should refer to the Healthland ROI tool.

To calculate the Return On Investment (ROI) for your Electronic Medical Record
(EMR) purchase, please take a moment to complete the yellow tab labeled Hospital
Data. This data will allow us to make targeted calculations based evidence found
through secondary research.

A five year ROI calculation can be found on the orange tab labeled ROI Calculation.
In addition, if you are capable of implementing the Healthland EMR and
demonstrating "meaningful use" by FY 2013, a total ROI has been calculated on the
orange tab labeled ROI_Stimulus.

Calculations are demonstrated on each of the gray tabs. Calculations represent the
scope of our current research and do not represent the entirety of the cost or benefits
associated with the implementation and utlilization of an EMR.

Disclaimer: The ROI calculations in this tool are based on secondary research and Healthland’s understanding and
interpretation of the American Recovery & Reinvestment Act of 2009. This tool uses the most current reporting period to
provide an estimate of future payments and assumes that you will be capable of demonstrating “meaningful use” of a
“certified” EHR solution. As of the creation date for this tool, neither the standards for attaining “meaningful use” nor the
standards for EHR certification have been established and nothing in the calculator should be construed otherwise.
lculations
tals. PPS hospitals


 tronic Medical Record
ellow tab labeled Hospital
s based evidence found


b labeled ROI Calculation.
and EMR and
as been calculated on the


Calculations represent the
tirety of the cost or benefits
MR.

 althland’s understanding and
he most current reporting period to
nstrating “meaningful use” of a
attaining “meaningful use” nor the
 uld be construed otherwise.
HOSPITAL DATA
Enter your facility's data in the yellow boxes. If you are unsure of an exact
measurement, an estimate will be sufficient for this tool. All calculations for this
tool are based on the data entered on this page.

     Annual Contractual/Bad Debt Write Off Percentage

     Total Annual Inpatient Discharges

     Annual Revenue from Routine Wellness Procedures

     Avg # of Visits per day, per provider

     Total # of Providers (including PA's & NP's)

     Total Annual Ancillary Charges

     Total # of Inpatient Days

     Annual Charity Care Charges

     Total Annual Charges

     Bed Days Attributed to Medicare Part A

     Bed Days Attributed to Medicare Part C

     Total Annual New Patients (inpatient & outpatient)

     Annual Cost of Pre-printed Forms

     Business Office FTEs

     Annual Number of Adverse Drug Events (ADEs) Incidents

     Annual Malpractice Premiums

     Avg Days in AR

     % of Medicare Patients

     % of Medicaid Patients
unsure of an exact
 All calculations for this
RETURN ON INVESTMENT

EMR PURCHASE COSTS
Purchase Cost
Annual Cost
5yr Total Cost


NEW REVENUES
  Non-Medicare Revenue
  Contractuals, Bad Debt Write-Offs,
  & Adjustments
  Net new revenue



COSTS SAVINGS


CAH REIMBURSEMENT
                 #REF!


5 year ROI
TMENT


              $725,000.00
               $80,000.00
           $1,125,000.00


              $260,000.00
              $260,000.00

                    $0.00

            $260,000.00



                   $0.00


                   $0.00


        -$865,000.00
RETURN ON INVESTMENT WITH ARRA

EMR PURCHASE COSTS
Purchase Cost
Annual Cost
5yr Total Cost


NEW REVENUES
  Non-Medicare Revenue
  Contractuals,
  Bad debt write offs, & Adjustments
  Net new revenue


COSTS SAVINGS

CAH REIMBURSEMENT

ARRA INCENTIVE PAYMENT(S)


5 year ROI
ENT WITH ARRA


             $725,000.00
              $80,000.00
          $1,125,000.00


             $260,000.00
             $260,000.00
                   $0.00
           $260,000.00


                  $0.00

           $323,200.00

                #DIV/0!


           #DIV/0!
                American Recovery & Reinvestment Act of 2009
               EHR Adoption Incentive Calculator (CAH Hospitals)
                                           Medicare Incentive Payments
                                     Formula: EHR Cost x (Medicare Share + 20%)


Directions: Using your most recent cost report and your estimated future costs associated with your
EMR solution, fill in the yellow boxes with your data. The Medicare Incentive Calculator will make
calculations as outlined in the ARRA and compute a total estimated Medicare incentive payment that
can be found in cell H39.



EHR Cost
                         Enter EHR Costs for Year demonstrating "meaingful use"
                                     Enter Prior Years EHR Costs (Not Decpreciated)

                                                                        EHR Eligible Costs


Medicare Share
                                        Enter Inpatient-bed Days attributed to Part A
                                        Enter Inpatient-bed Days attributed to Part C
                                                                                   Numerator

                                                          Enter Total # of Inpatient Days
                                                                Enter Charity care charges
                                                           Enter Total amount of charges
                                                                                Denominator

                                                                            Medicare Share

Medicare Share Incentive



TOTAL                                                                                                                #DIV/0!
Disclaimer: The incentive payment calculations in this tool are based on Healthland’s understanding and interpretation of the American
Recovery & Reinvestment Act of 2009 and should only be used to provide an estimate of potential incentive payments from Medicare.
This tool uses the most current reporting period to provide an estimate of future payments and assumes that you will be capable of
demonstrating “meaningful use” of a “certified” EHR solution. When the program is actually implemented, payments will be calculated
each year based on new data before the appropriate transition factor is applied. As of the creation date for this tool, neither the
standards for attaining “meaningful use” nor the standards for EHR certification have been established and nothing in the calculator
should be construed otherwise.
ent Act of 2009
 (CAH Hospitals)
nts
e + 20%)


ed future costs associated with your
e Incentive Calculator will make
 d Medicare incentive payment that




                                 $80,000.00
                                $580,000.00

                                $660,000.00



                                              0
                                              0
                                              0

                                              0
                                         $0.00
                                        $0.00
                                        $0.00
                                      #DIV/0!

                                      #DIV/0!

                                          20%



                               #DIV/0!
nderstanding and interpretation of the American
of potential incentive payments from Medicare.
ents and assumes that you will be capable of
ually implemented, payments will be calculated
the creation date for this tool, neither the
een established and nothing in the calculator
HOSPITAL DATA
   Total Annual Discharges
   Avg # of Visits per day, per provider
   Total # of Providers


 EMR COSTS SAVINGS

source   Annual Daily Chart Pulls
source   New Charts Annually
source   Personnel Savings
source   Transcription savings
source   Annual Adverse Drug Events
source   Malpractice Insurance premiums
source   Time to find lost charts
source   paper supply savings
         Pre-Printed Forms
0
0
0



              Estimated Cost        TOTAL
$5/ea                                $0.00
$7/ea                                $0.00
$6759/annually/provider              $0.00
$5334/annually/provider              $0.00
$2595/ADE                            $0.00
2.5 - 5% saving on premiums          $0.00
25 min a day/BO FTE                  $0.00
$1051/annually/provider              $0.00
Elimination of Pre-printed forms     $0.00

TOTAL                              $0.00
HOSPITAL DATA
   Total # of Providers                   0


EMR REVENUES
                                                   Estimated Value
source   Higher Coding                    $16929/annually/provider
source   Increased Charge Capture         3% increase in current volume
source   improved resource utilization    $28,000/annually/provider
source   time saved from charge capture   $52,000/annually
source   Reduction in billing errors      $12207/annually/provider
         Increased Wellness Procedures    25% increase in current volume


                                          TOTAL
        TOTAL
         $0.00
         $0.00
         $0.00
    $52,000.00
         $0.00
         $0.00


$52,000.00

								
To top