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PPV: Consider these 12 tips for selecting an EHR vendor, effectively negotiating a contract
EHR Connection, April 7, 2008
Selecting an EHR vendor can be overwhelming due to the number of options available in today's competitive market. And even when you've found the right vendor, negotiating a contract can prove to be difficult. Steven Henkind, MD, PhD, principal consultant with Cardinal Consulting in Larchmont, NY, offers the following tips to help you through the process.
- Seek stability. When considering vendors, be sure to look for a stable company. You might find a product that meets your particular needs; however, if the source is a small company with shaky finances, you could find yourself with no support if the vendor goes out of business after you've installed the system. There are no guarantees with respect to vendor longevity, so try to determine the likelihood that a vendor will be around for at least another three to five years before you sign on the dotted line.
Click here for more tips on EHR vendor selection and contract negotiation.
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