caskets and urns! A very likely place for a healthcare practice to purchase paper towel and office supplies, but an unlikely place to buy a new electronic record (EHR) system. According to a press release, Costco has indeed released a new practice management and EHR solution to their club members in the medical field.
Allscripts with Allscripts-partner Etransmedia and Costco formed an agreement to test their hand in the healthcare IT market. Their test proved to be a success amongst their members who own and operate medical practices and found the demand for an EHR solution to be high. The Director of Costco's EHR/PM service, John Conlon, says, "We took our time in researching the EHR/PM industry in an effort to help bring value and simplify the decision process for Costco Members owning or operating a medical practice. Our goal was to select an Electronic Health Record and Practice Management solution for our Members based on Costco's traditional approach to pricing - large volume purchases of inventory and then pass the savings on to our members. We want our members to keep as much of the $44,000 in Stimulus funds for their business as possible."
Costco now provides the fully-hosted Allscripts MyWay practice management and EHR solution exclusively to members. Along with support and training, the web-based software as a solution includes ePrescribing, a patient portal, unlimited electronic claims, a 45-day software installation guarantee and assistance with attestation. The software solution for members is $449 a month, which is about 40% in saving compared to other vendors with products of equal value.