BMDS Medical Calculator
Practicing medicine in today’s changing environment presents its own unique difficulties.
We are all aware of the increased scrutiny from the government, mounting regulations on reimbursements, Meaningful Use requirements, MACRA, and a variety of other factors influencing the way we practice medicine. In many cases, we have been forced to turn our attention away from quality patient care just to keep up with the demands of paperwork, documentation, and record keeping.
Without assistance, clinicians have had to juggle all this information from every direction on their own. In busy situations – as is the case in most emergency rooms and successful practices – some of this information may be accidentally missed or inaccurately recorded. This can lead to incomplete medical records, misunderstandings between medical personnel, and in worst-case scenarios it may lead to incomplete, inadequate, or improper patient care.
Whether you are an ED physician, hospitalist, hospital-based specialist, or outpatient clinician, there are a multitude of benefits for using medical scribes in your practice.
Use this Financial and Operational Calculator to help you determine the return-on-investment if you move forward with the use of medical scribes.
Enter the number of providers*, annual costs*, and the amount of time* per day spent by each provider on the activities that could be eliminated by leveraging medical scribes. Then enter the estimated cost* of the medical scribe specialist.
The result will show the potential time saved by each clinician per day as well as the number of additional patient visits per day each clinician could see if they used 100% of that additional time saved to see more patients. Then see the potential revenue impact of seeing more patients against the cost of providing the medical scribe(s).
* You can use averages across your provider base to get a quick snapshot or you can use provider-specific numbers for a more specific measure.