EHR Software Development Cost Explained: Key Factors and Estimates
By Suffescom Solutions
November 05, 2024
The EHR software development cost ranges from $15,000 - $40,000. This cost range is affected by a list of factors: further increasing or decreasing it. The cost of developing EHR software largely depends upon device compatibility, feature complexity, scalability, and many other factors.
Simply put, the more complex or advanced an app is, the higher it will cost. The inclusion of advanced features improves functionality but increases costs.
Fair EHR Software Development Cost
Incorporate basic and advanced features to enable your EHR solution with useful functionalities. Connect with us and develop a multi-functional EHR software.
Let’s dive deeper and find out the answer about how much does it cost to develop EHR software?
Understanding the Key Factors of EHR Software Development Cost
Each factor type has a different effect on the development cost of EHR/EMR software.
Basic, Standard, and Advanced Features
As stated above, the more complex the functionality, the more expensive it is! Functionality is important for calculating the EHR cost.
Basic
Advanced
Patient Registration & Management
Telehealth Integration
Appointment Scheduling
AI-Enabled Analytics
Clinical Documentation
Voice Recognition
Prescriptions Management
Interoperability
Billing and Invoicing
Mobile App Support
Patient Portal
Advanced Security Features
Secure Login/Authentication
Customizable Workflows
E-Prescriptions
AI-Powered Virtual Analytics
Referral Management
Insurance Management
Cybersecurity Features
Clinical Based Support
Medicine and Healthcare Reminders
Automation of Billing Reports
Disease Management
Predictive Analytics
Data Backup and Recovery
Medical Devices Integration
Medical Education Resources
Virtual Assistant for Medical Staff
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Data Access Control
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Auto Scheduling
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Customer Relationship Management
Number of Users
The software infrastructure must be robust enough to facilitate a more significant number of users! Developing a reliable EHR architecture that serves a growing user base incurs cost in the initial phase but it comes at the break even in the longer run.
Device Compatibility
If an EHR software is compatible with running on multiple platforms, it will cost more. For instance, software available for desktop use will cost less than one that functions on smartphones or tablets as well.
Interoperability Needs
Integrating EHR with software enabled with APIs like Dynamics 365-based CRM proves to be less costly. In contrast, integrating EHR with medical devices requires custom coding and development practices, increasing costs.
Cross or Native Software Development
An application that can function on both iOS and Android systems will require a developed tech stack, experienced developers, and hefty resources, which in turn will raise the cost estimation of EHR development.
Size of Healthcare Service
The size of the healthcare services providers is a crucial factor. The costs of applying electronic medical records in a large medical facility differ from those in a small-medium-scaled nursing facility. Both kinds of facilities have different operations that run at different scales and at different costs.
Existing Systems
How complex are the existing systems? Integration and testing costs increase if one needs to integrate multiple existing systems with the EHR.
Location Matters
Various location factors like labor rates alter the development cost of EHR/EMR software. Healthcare services in metro areas would pay higher costs for training and support. The development cost of EHR softwares is highly impacted by location-specific charges.
Is Custom EHR Software Development a Wise Investment?
The investor always thinks about the ROI and there’s always a contradiction between achieving functionality and maximizing returns. Custom EHR solutions have varied applications, usage, scope, and costs.
The readymade EHR solutions largely cover the basic functions that serve the purpose of small to medium-sized medical facilities. For a healthcare service that aims to serve the best and ensure multifaceted applications of the EHR software, it has to go with custom solutions.
Ready-made EHR softwares also need more customization to manage the complex processes of the large healthcare service providers that can increase the cost of EHR system. The custom-made EHR softwares can efficiently adapt to the organizations’ workflows and other customized functionalities.
Check out the following table to understand the pros and cons of using custom and non-custom EHR softwares
Costly
Takes longer to implement
Requires developing personalized training materials
Limited interoperability
Readymade
Standardized
Faster to implement
Cheaper
Plenty of available training materials
Large community of similar users
Crowded with unessential features
Complex interface
Hard to integrate with other softwares
Less scope for innovations
Less accommodating
Here’s why customization for EHR solutions always works-
1. Tailored workflows for specific needs decrease costs, improve savings
2. Improves patients’ satisfaction by enabling a patient-centric approach
3. Custom reporting enables data-driven decisions to improve the treatment
4. Healthcare facilities maintain compliance and reduce legal risks with regulatory standards
5. Integration with other healthcare tools facilitates information sharing
6. Scalable EHR system adapts to serve more patients and services with efficiency
Get Estimation on the Development Cost of EHR/EMR Software
Connect with us to get the right estimation of the EHR/EMR software development cost. The services that we offer are termed by our clients as the most exceptional software development services.
Different Tech Stack Incurs Different Cost for EHR Software Development
Multiple tech stacks are used for developing EHR softwares, but to get maximum returns, it is essential to use the right ones. Let’s understand in detail
Python ($10-$15 per/hour): Backend logic and general -programming
Java ($15-$20 per/hour): Developing server-side logic and enterprise applications
JavaScript ($10-$15 per/hour): Dynamic web content and client-side scripting
Ruby ($10-$25 per/hour): Developing Ruby on Rails web applications
Django ($10-$25 per/hour): Creating web framework for Python
Angular ($10-$25 per/hour): Building framework for building single-page applications
React ($10-$25 per/hour): Library for building user interfaces
Node.js ($10-$25 per/hour): JavaScript runtime for server-side applications
Flutter ($10-$20 per/hour): UI toolkit for building natively compiled applications
Apache ($10-$20 per/hour): HTTP server for serving web content
ActiveMQ ($10-$25 per/hour): Message broker for enterprise messaging
It is relatively easier to manage the obvious costs, but what about the hidden ones? Such costs need more attention, as they can jeopardize the expected returns on EHR software development.
A. Implementation Assistance Cost
Implementation assistance includes all the technical costs required to implement an EHR software. Such costs include employing outside IT contractors and installing hardware or networks.
B. Redesigning Workflows
When implementing a new EHR system, the complete set of processes gets redesigned as per the new EHR’s functionality. The readjustment always asks for additional costs, including deployment.
C. Training Costs
Along with process restructuring and implementation of a new EHR system comes the requirement for training. The training is not limited to just the physicians but it extends to nurses and staff as well.
D. Maintenance
Software can malfunction, and it requires constant maintenance practices to avoid any roadblocks. Software maintenance needs a set budget especially for the large-scale EHR systems.
E. Security and Compliance Tools
Software breakdowns bring hefty costs. It is wise to avoid them by investing in reliable security and compliance tools like HIPAA and HITECH. Along with security measures, data breaches can increase the cost and raise legal concerns.
F. Data Migration
Whenever EHR systems are changed, the old data requires migration to the new system, which eventually brings costs. The migration cost can increase or decrease depending on the existing database. The more sound the database is, the lesser the cost.
G. Third-Party Software Integration
EHR software usually requires third-party software integration to improve interoperability and enhance the efficiency of the tasks present within the system. For instance, integrating Doxy.me with the EHR system to provide secure video consultation.
EHR Software Development Cost - The Right Guide
Want to know the EHR software development cost? Read our cost guide to get a right cost estimation for EHR development. Get what matters with Suffescom.
How Suffescom Solutions Optimize EHR Software Development Cost?
With over 13 years of experience and expertise in serving the healthcare sector with multiple services, from on-demand medical consultation to AI healthcare software development, we have come a long way.
Let’s find out how Suffescom Solutions helps you reduce the development cost of EHR/EMR software and maximize the ROI.
Agile Methodology
We follow agile methodology for every project. It helps to reduce the cost, increase the output and maximize the efficiency. This methodology increases customer satisfaction, transparency, and ROI rate.
Best Quality under Fair Prices
With Suffescom Solutions the clients get the best development services under the most fair prices. We serve the best without making a hold in our client’s pocket. This is probably the reason why we have been able to cater the change market and still managed to have a promising clientable.
Free EHR Software Development Consultation
The provision of no-cost EHR software consultation enables understanding client’s requirements and formulating a concrete and foolproof strategy for EHR solution development. This pre-consultation helps to collect the necessary resources and tech stack for maximum efficiency.
Readymade APIs
Our in-house APIs help to smoothen the process of developing EHR solutions. Fastening the process also increases cost efficiency since pre-made software costs less.
Efficient Project Management Practices
Suffescom’s expert project managers practice a foolproof approach to managing project scope, risks, collaborations, and deliverables. A combination of robust CI/CD practices helps to increase the EHR efficiency.
Full Compliance
Our processes include a high focus on compliance requirements from the first step of software development and creating required software documentation as the EHR development picks up the pace.
We are a team of expert designers, developers, and marketers who aim to assist our clients at every step of the development process until market deployment. Connect now and get the right cost estimation of EHR development.