I was recently admonished by a high-level healthcare industry consultant that “...times have changed and there is no place for the archaic practice of narrative notes in the future of healthcare delivery.
Did you know MD-IT’s original business plan from ten years ago sought to eliminate transcription and replace it with technology? We found out it wasn’t such a great idea. That is why we are such vocal proponents today of dictation and transcription as part of the future of electronic medical records.
MD-IT started in 2000 as a software company selling front-end speech recognition combined with basic EMR functionality. Here’s an excerpt from an early business plan:
Physicians use one of three methods for documenting care: dictation, structured data entry (keyboard, touch screen, mouse), or front-end speech recognition. In our experience and that of many EMR vendors, dictation is the preferred choice of 80% of doctors. Why?
No real surprises from the Medical Group Management Association’s (MGMA) annual survey of medical practice administrators. Their top issue is managing the bottom line in a tough economy.
Welcome to our new website and our blog, both of which reflect the rapidly changing environment of healthcare IT and our company’s role in facilitating that change. We hope that we have created a forum through which you can become better-informed and participate in the community discussion about the emerging role of healthcare IT.
