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FAQ > Electronic Medical Records > How much money are you talking about for a doctor to set up a certified electronic health record?

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How much money are you talking about for a doctor to set up a certified electronic health record?

When I researched the matter for my practice, I found that my total cost of converting my voice activated dictation and medical records storage to an electronic health record would be $170,000 over a 5 year period.  Considering the fact that this amount represents the cost for a solo practice physician, imagine the cost for physicians practicing in a group.   Group medical practices do not achieve volume savings; these numbers are the per doctor cost.  Ironically, my present voice recognition dictation and record storage system, which does not meet the definition of a certified system, allows me to create consultation notes and office visit notes which are more informative, to the point, and readable than any EHR system on the market.

NOTE: The questions and answers listed here are meant to be general comments and not to be construed as specific medical advice to a particular patient for a particular problem. These answers are for illustrative or informational purposes only and should not be taken as substitutes for visits to a physician or for seeking evaluation of a problem. They also reflect my philosophy about certain conditions based upon my assessment of the relevant medical literature and the judgment which comes from over 40 years of clinical experience.