MOSAIQ Oncology Electronic Medical Record Adds Value
Medical Oncology and Radiation Oncology EMR - Return on Investment Analysis

Return on Investment
Impac Software increases clinical and administrative efficiencies and productivity*

• Revenue increased by 31%
• Payroll over-time decreased by 85%
• A/R decreased by 15 Days

As healthcare organizations move toward implementing information technology to improve process efficiency, communication and patient care, financial considerations often require facilities to document their Return on Investment (ROI), a cost benefit analysis that captures the overall quality of an investment by measuring how much value has been added over time. The analyses discussed here will focus on the value added by MOSAIQ – Impac Software’s oncology electronic medical record.



Financial ROI, or more generally, economic ROI, helps to place a specific number on this value by analyzing changes in certain quantifiable metrics. From time to time, facilities must demonstrate a financial ROI equal to the amount of the investment within a certain period of time, which is referred to as the Payback Period. In other cases, metrics such as increased revenue or improved cash flow are more relevant to decision makers questioning whether an oncology EMR is a sound investment for their facility.

There also are non-financial metrics which can be more difficult to quantify, but equally valuable, such as a decrease in stress levels as a result of a smoother clinical workflow. All of these are important benefits of a well-designed, functioning oncology EMR and have all been reported by Impac Software users.

The oncology EMR ROI numbers discussed here use some of the more common metrics collected from Impac Software users. These metrics tend to be good indicators of improvements in workflow efficiencies and financial condition, and have been used to further demonstrate a significant overall net benefit for having invested in Impac’s EMR software.


Increased Productivity with an Oncology EMR**

That equates to 10 hours lost per week. With an EMR, there’s no more searching for charts and your staff can gain over 500 hours a year for more productive work.

Doctors report that they have gone from thinking in minutes to find chart to thinking in seconds.**


Increased Revenue with an Oncology EMR***

Capturing Missed Charges
One site ran a Multi Code Capture Audit report over the previous year and found epoetin alfa that was given but not captured. They recouped approximately one million dollars.¹

Oncology EMR Lowers Overhead
Another site reports that through attrition, they have gone from 31.5 FTE’s to 24 FTE’s to support the same 3 doctors.²

This same site reports that since the implementation of PhAST Note™ they have gone from 4 to 2 transcriptionists.³