Reference no: EM133657554

Electronic health record (EHR) system implementation is now mandatory in the United States. This transition has been managed by the Centers for Medicare and Medicaid Services (CMS), which has provided financial incentives to healthcare organizations and providers. Patient safety events, such as medication errors resulting from the incorrect medication being withdrawn for a patient, were prevented because of the implementation of the new EHR in a 260-bed hospital, and the risk of patient health information loss was reduced by means of security systems (Aguirre et al., 2019). EHRs facilitate the exchange of health information, support for clinical decision making and diagnostics, and patient health portals (Modi & Feldman, 2022).

The implementation of electronic health records (EHRs) enhanced cost-effectiveness through cost reduction and healthcare improvement. Various metrics assess the value of EHRs, including patient satisfaction, process adherence, and efficiency outcomes. As a result, it was determined that electronic health records (EHR) facilitated enhanced care coordination, thus saving time, and decreasing no-show rates, all of which contributed to an upsurge in patient visits, thereby increasing revenue for the organization (Modi & Feldman, 2022). In addition, Health Information Exchange (HIE) possesses considerable potential to enhance the quality of healthcare, foster patient safety, and generate cost savings through the prevention of adverse drug reactions, reduction of unnecessary laboratory and imaging tests, and avoidance of emergency appointments and readmissions (Sadoughi et al., 2018).