At the end of 2008, the Congressional Budget Office estimate indicated “High-quality systems can cost $20,000 to $25,000 per physician, not including implementation and annual maintenance costs. Overall, startup costs can exceed $40,000 per physician.”
Researchers studied a physician network of 26 primary care physicians (PCPs) in north Texas and found EHR implementation costs for a five-physician practice should expect overall startup costs to exceed $160,000 and maintenance in the first year to be $85,000. Hidden costs related to EHR implementation can also be extensive.
Between 35 and 50 percent of EMRs are replaced after approximately one year of use.
2013: the year of the great #EHR vendor switch. http://www.healthcareitnews.com/news/ehr-users-dissatisfied-consider-switch …
CBO expected that if Medicare required the use of health IT as a condition of participation, then that “would lead virtually all hospitals and physicians to adopt electronic health record systems.”
No estimate was given of how many physicians these policies could cause to cease participation in Medicare or Medicaid.