Executive Summary
Physician’s main goal was to get a high quality documentation alternative to Medical Transcription which not only removes the burden of insecure file transfers but also reduces the cost.
About the Physician
The physician was handling about 18 patients per day and had 22 clinic days for his practice. The physician was receiving the transcripted document after 24 hours. He was incurring a cost of $ 1.5 for a minute of recording and incurring a cost of $ 1,782 per month.
Challenges
- Compliance risks emanating from uncontrolled voice file transfers
- Backlogs and errors due to batch processing
- Quality of documentation in EHR
- Scalability issues
Physician saves $17,184 yearly
By Discontinuing Transcription Service and Using S10 Robot Medial Scribe
S10 Robot Medical Scribe
A physician’s mind free of Electronic Health Records documentation worries and having enough time in hand to focus on patient encounters is essential to the success of any practice. A frictionless way to create meaningful data in EHR is important not only for regulation but also for driving productivity, seamless reimbursements, and also reducing physician burnout. At S10.AI, we work with Physicians to implement solutions that generate clear returns from day one. This case study outlines how S10.AI made EHR documentation process simple, reliable, scalable and delivered excellent ROI.
| Return On Investment Calculation ( ROI ) | ||||||
|---|---|---|---|---|---|---|
| EHR Dictation | Transcribe | Converscribe | ||||
| Monthly subscription cost of S10.AI | | $ 350 | $ 500 | $ 950 | | ||
| Monthly cost of transcription (1.5 $ per min/ 18 patient for 22 clinic days) | | $ 1,782 | $ 1,782 | $ 1,782 | | ||
| Savings / Per month | | $ 1,432 | $ 1,282 | $ 832 | | ||
| Return on Investment (ROI) | | 409% | 256% | 88% | | ||
How S10.AI helped ?
S10 Robot Medical Transcribe records physicians’ findings and summary of an encounter to appropriate templates and contextually enters it into the EHR on autopilot mode instantly. S10 Robot Medical Transcribe creates medical-legal documents that are grammatically correct and prompt allergies, drug-to-drug interactions, and treatment suggestions. The Physician started gaining the following benefits immediately on moving to S10 Robot Medical Scribe.
- Reduced monthly spend of $1,432
- Avoids compliance risks emanating from uncontrolled voice file transfers
- Eliminates backlogs and errors due to batch processing No attrition risk
- CDI standard documentation in EHR
Want to save time & money ? Get a robot medical scribe
