The Evolution of an Acquisition – Part 2

The Evolution of an Acquisition – Part 2

Is your EHR company facing an acquisition?

If you are, it’s likely you’ve been told nothing will change. Our experience tells us otherwise. Scroll through the interactive “Fact or Fiction” section below to see our experience with EHR.

Fact or Fiction?!

“We promise, nothing will change.”

“We promise, nothing will change.”

Fiction

Everything will change. We’ve seen it start slowly, you’ll have a new support team that may not be as “hands-on” as your previous vendor and then gradually you will receive less and less support altogether.

“Your price won’t change.”

“Your price won’t change.”

Fiction

Also not true. In our experience, 9 out of 10 times your practice will end up paying more for a new product that you had no control over and didn’t intend to buy in the first place.

“You can keep your current product.”

“You can keep your current product.”

Fiction

In the beginning the new EHR company tells you that you will be able to stay on your current system, however, our experience tells us that you will have to implement and train on an entirely new PM/EHR (typically within 12 months).

Have you heard any of the statements above from your current EHR company? You may want to begin the process of searching for a new EHR vendor while the choice is still yours!

Schedule a Call

Stay tuned! Next month we will discuss EHR stability and provide you with five questions to ask your EHR vendor to determine the stability of their EHR and PM system.

If you missed Part 1 of the blog serious, click here for our review of the top three causes of an Electronic Health Record (EHR) acquisition.  

Part 1

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