As a doctor in solo practice, considering the benefit of the Regional Health Information Exchange (HIE) – reducing health care cost, improving quality of patient care and saving time. I will be more incline to hook up to the HIE if funding is easily available. Since the benefits are well documented, my goal will be to pursue the meaningful use funding and if able to secure that money, the transition will be smooth. If not, I will still attempt to connect through personal funding knowing that successful implementation will Improve quality of my practice, save time spent on seeing patients and I may be able to reduce my administrative cost.
Achieving these will enable me attract more patients as the quality of my practice will be an advertisement to increase my patients volume while saving time will help my patients flow management and savings in administrative cost will increase my income. This will free up money for things like equipment or practice expansion. It is clear that the benefits in connecting to the HIE outweigh the risk. Therefore, I will pursue public or private funding to be connected.
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