Personal Health Records Could Save $19 Billion Per Year

OPEN MINDS Weekly News Wire Strategic Health Care News Personal health records (PHRs) — web-based systems that allow patients to maintain their medical data and use that data to better manage their health care — may result in an annual net value of $19 billon based on a 10-year rollout and a usage rate of 80% of the U.S. population. The cost of providing interoperable PHRs for 80% of the U.S. population was estimated at $3.7 billion to initially acquire the PHR and $1.9 billion annually to maintain. Annual savings of $21 billion due to interoperable . . .