Our research has shown that capturing patient signatures electronically, thereby eliminating the comparable paper-based process, is the fastest way for hospitals to reduce costs and errors, save providers time and wasted work, and improve patient care and service.
At Halifax Health, for example, electronic signature software eliminates almost a million pieces of paper each year and reduced registration time by 30 percent. By converting a printed patient consent form into a 100 percent electronic one, Hilo Medical Center saves $228,375 annually.
Our perspective is that hospitals should only invest in a technology that generates returns on that investment as quickly as possible—in addition to less quantifiable benefits like enhancing the relationship between providers and patients, eliminating tedious tasks, and boosting staff morale.
That may seem obvious, but if the considerations outlined in this buyer’s guide are not addressed satisfactorily by whichever vendor or solution is selected, achieving maximum results will be difficult and costly.