The Best Electronic Medical Record (EMR) Software for 2020

Electronic medical records (EMR) software, also known as electronic health records (EHR) software, is an essential module within a larger healthcare IT suite focused on the clinical side of medical practices. When integrated with practice management software, these systems become the lifeblood of the modern medical practice. EMRs track patient health records at all points of care and are a central control panel for healthcare providers to order and receive lab tests, refill and prescribe medications, engage with their patients through secure portals, and more.

The complexity of these systems and the intricacies of your own practice can make the choice of which system is best for you a difficult one, to say the least. To help you in your buying journey, the team at business.com reviewed several popular EMR software solutions. Below are our recommendations as well as in-depth product reviews.

EMR software is complex, and, as such, there are many factors to consider when selecting which vendor to partner with. Price and ease of use are key, but there are other considerations too, including the system's interoperability with other types of software, the effectiveness of its coding and billing tools, and the level of support you can expect in the implementation period and beyond.

Implementation support is especially important, because EMR software is often difficult to set up and could lead to significant disruptions without proper assistance and training. A good EMR vendor will work with you every step of the way to ensure a smooth transition from your existing system to a new solution. They will also be available after you transition to the new system to answer questions and coach your staff through any problems with completing tasks in the software. 

Finding the right EMR software partner is a daunting task; however, we want to help you select the best software for your practice. Below we explain the differences between an EMR and EHR systems, and what you can expect to spend for software. We offer a checklist of items to ask about as you contact EMR vendors, and, finally, you can read our reviews of seven platforms we evaluated.

There is technically a difference between EMR, which are essentially digitized paper charts for a single practice, and EHR systems. For one, EHRs not only replace paper charts, but they also streamline critical functions like billing, ordering prescriptions and tests, managing your practice, and communicating with patients. 

The advantage of an EHR system is that everything appears in one place, from a patient's entire medical history to the logistical aspects of running your practice. Even better, EHR systems allow providers at all points of care to communicate with one another electronically. So, if a patient visits the hospital on Saturday, their general practitioner will know what happened on Monday and can then provide appropriate follow-up care. Physicians and staff can use an EHR system to deliver more effective treatment and create more comprehensive health records that circulate across every point of care. However, members of the industry often use the terms "EMR" and "EHR" interchangeably, so for the ease of our readers, we've chosen to use them interchangeably as well.

Pricing varies widely for EMR systems, not only between different vendors, but even between two systems from the same vendor. Many EMR systems are customizable and can adapt to specific workflows. Moreover, EMRs often include optional modules, including billing and practice management, that you integrate at an additional cost. In our reviews, we looked only at the cost of an EMR module with no add-ons, unless an integrated practice management system was included by default. 

What we found was that most EMR systems are priced per provider per month. Some vendors require an upfront licensing fee, while others do not. Many also include implementation or training fees of some kind, as well as options to pay more for additional modules. A few EMR options offer a one-time cost, but this pricing model is uncommon. 

Prices fluctuate greatly, depending on the scope and breadth of the system. There are additional fees for customer support, clearinghouses, electronic statements and more. This pricing is subject to change based on the size of your practice and your specific needs. Generally, based on the EMR software we reviewed, expect to spend between about $500 per provider per month and $1,200 per provider per month.

Many EMR vendors offer revenue cycle management (RCM) or medical billing services as well. Generally, these services charge a percentage of their net collections and, in exchange, perform all critical billing tasks for a practice.

Even the more cost-effective EMR software represents a significant expense for most medical practices, so it's natural to wonder precisely what benefits you'll get in return for your money. Good EMR software can become the central pillar of your practice, helping you to streamline operations, improve patient experiences and provide better care.

EMR software is largely related to the patient encounter, featuring clinical tools that can help providers more easily capture patient health information while staying engaged during the visit. Many EMR software allow providers to customize their notes, speed up the process using templates and hotkeys, and add photos or drawings to make patient records more detailed. Most EMR software also allows you to e-prescribe medication and electronically order lab tests and receipts of the results. Some even include decision-making assistance, identifying potential negative drug interactions or allergies based on a patient's existing medical records.

Another benefit of EMRs is that they store a portable digital record. In other words, information can follow a patient to different points of care throughout the healthcare ecosystem. If a primary care provider, for example, refers a patient to a dermatologist, they can electronically send the relevant records to the dermatologist before the patient's appointment. The specialist will now have access to not only the medical records relevant to the visit that prompted the referral, but also key information about the patient, including their name, age, address and insurance information.

Generally, EMR software is one part of a larger healthcare IT suite. This suite might also include practice management software, which would cover front- and back-office operations of the practice, such as appointment scheduling and medical billing. EMR and practice management software complement one another and allow data to flow seamlessly between modules. For example, practice management software allows patients to fill out intake forms through an online portal prior to their visit. That information could then auto-populate in the EMR software's clinical tools, saving providers time and ensuring records are up to date.

Data interchange works in the other direction as well. When a patient encounter concludes, for example, the provider can close a clinical note. The charges captured during the encounter are then pushed into the practice management software, where your medical billers can create and code claims and prepare to send them to the appropriate payers.

Good EMR software can improve your entire workflow, while a strong healthcare IT suite can really be a game-changer. However, it's important to choose a user-friendly and reliable system that meets your needs. The wrong EMR system could prove to actually be counterproductive.

Selecting the EMR software that best fits your practice is a big task. These systems are generally sprawling and complex, making it hard to get a full picture of the software during the first use. Following these steps can help you stay organized in your search and choose the ideal EMR software to suit your workflow and support your team.

1. Research market leaders and popular systems.

The first step in any buying journey is learning about the market. Take some time to research EMR software, the recent history of the industry and some of the leading brands on the market today. Seek out user reviews on multiple platforms to get an idea of how previous customers responded to the EMR software after implementation.

2. Identify your priorities.

While researching the market, consider your priorities in an EMR. Ease of use is often a big consideration for medical practices, because some EMRs are complex and difficult to learn. However, a system with a steep learning curve might offer advanced features and tools that can improve your medical practice's performance. So, while it might be a rocky introduction to the software, software that takes a little extra time to learn might pay off in the long run. 

Another key consideration is the customizability of the system, such as which templates it offers for clinical notes and how much you can tailor them to suit your own preferences; patient engagement, which includes a user-friendly patient portal that allows your patients to take an active role in their healthcare; and interoperability with labs, pharmacies and hospitals for seamless data interchange. Consider which aspects of an EMR would match up with your team's existing workflow, rather than how you would adapt your workflow to a new system.

3. Make a list of at least 10 candidates.

Once you've researched leading brands and made a list of your priorities, identify at least 10 candidates you would like to further investigate. A field of 10 offers significant competition without making the process too cumbersome. Once you have your list, it's time to contact the vendors directly.

4. Request live demonstrations.

Most EMR software vendors do not post pricing on their websites, but almost all of them offer live demonstrations, which are often followed by a quote or estimate. Live demos give you an opportunity to walk through the software with a company representative who will show you the major highlights of the system. They will often tailor the demonstration to your needs, showing you primarily the tools you're most interested to see. Most live demonstrations take place through video conference software.

During the live demonstrations, take extensive notes on each of your priorities and anything that stands out as a positive or negative. If you can, record the live demonstration or ask the company representative to do so. Saving recordings for later review or sharing with other team members can help you make a final decision.

5. Narrow down your list to three finalists.

After you've viewed live demonstrations for your list of candidates, you should have an idea of which ones you like and which you don't. Narrow your list down to three if possible. The best method of choosing finalists is consulting with members of your team who have seen your notes or the live demonstrations to find out what they liked and disliked about each EMR. After all, your whole team has to use the EMR and practice management system with which it is associated.

6. Schedule a more detailed demo with each.

Oftentimes, if you're interested in an EMR, company representatives will give you a second, more in-depth demonstration. Some of these demos even include sample software you can take control of and click around for yourself. Take detailed notes yet again and record the demonstration once more if possible. When you're finished with these final demonstrations, request a contract or agreement from each company to compare side by side.

7. Request a detailed breakdown of pricing and fees.

In the contract or agreement you request, there should be a detailed breakdown of all pricing and fees. You need to see an explicit list of everything you are paying for alongside a contractual obligation for the vendor to provide certain services. Don't simply trust a promise made by a sales representative; if they promised it, it needs to be added in writing. Once you've compared contracts, you should be ready to make your determination.

When you've selected an EMR vendor to partner with, you should closely review the contract before you sign it. If possible, have an attorney review the contract and mark it up accordingly. Be sure to request a detailed breakdown of pricing and any additional fees that might be included. Many EMR vendors charge extra for setup, implementation and training, for example. You should also make sure that any promises a vendor made you during your research phase are guaranteed in writing.

When you're negotiating with an EHR vendor, it's important to have a clear understanding of what your practice's specific needs are and how you expect the system to integrate with your practice and workflow. Knowing these things will help you avoid purchasing unnecessary components of a larger suite, which a vendor is likely to try to sell you on.

The EHR space is filled with uncertainty and inconsistency, due to the crowded field and differences between each software program. You're going to want to kick the tires of a range of solutions, ask tough questions, and seek second, third and fourth opinions.

Here are some of the biggest things to keep in mind when choosing an EHR system:

• What is the implementation process like? How long does it take? Will it disrupt operations?
• Does the vendor offer training to your team? What kind of training? How long does the training last? Is it included, or does it cost extra?
• What continuing support is available following implementation and launch? Does that cost extra, too, or is it included?
• How reliable is the system? What is the percentage of total uptime that you can reasonably expect?
• What software can the system interface with? Be sure to know what systems your local labs, hospitals and pharmacies use, because your EHR will need to interface with those regularly.
• What is the patient portal like? Is it user-friendly and easy to understand? What information can your patients access?

Take a look at our reviews below for more in-depth information about each EMR, but keep your team's needs and preferences in mind, too. Consult your staff members who will use the EHR every day to learn what their needs are; this is the best way to ensure the least painful transition to a new EHR system.

To determine our best picks for EHRs, we reviewed more than 40 vendors. We examined their websites, marketing materials, user reviews and Better Business Bureau scores before narrowing our list to a dozen finalists. Next, we reviewed each company in depth. We evaluated our finalists on the following criteria:

• Estimated cost
• Ease of use
• Practice management integrations
• Interoperability
• Implementation support
• Customer service
• Free trial or demo experience

To assess the quality of the EMR vendor's customer service, we called our finalists, identifying ourselves as an employee of a small medical practice that would open soon. To estimate the cost of each system, we stated to sales representatives that we were interested in a cloud-hosted, integrated solution for a practice of three providers. When possible, we attempted to obtain estimates for medical billing services that included access to the healthcare IT products.

The EMR industry is rapidly growing. It surpassed $20 billion in value in 2016 and is projected to continue its growth unabated through 2025. While both client-server EMR and web-based segments of the industry are growing, the software as a service (SaaS) model is far outpacing the growth of the on-premises option.

IBISWorld anticipates continued growth, driven by late EMR adopters that want to avoid government-mandated Medicare penalties. That expectation is supported by Allied Market Research, which estimates the EMR industry will be worth $33.29 billion by 2023. Factors that push back against industry growth include concerns surrounding patient data security and high system costs, but those concerns are outweighed by ongoing adoption and growth in patient populations.

EMRs are implemented by several types of healthcare providers, including hospitals, labs and practices. Practice-based ambulatory EMRs are growing the fastest at a compound annual growth rate of 5.6%. Currently, North America represents half of the global market, but the Asia-Pacific region is projected to grow the most quickly at 6.5% compound annual growth rate.