Medical Lab EHR or Lab Information System (LIS) software has been designed specifically for medical laboratories to help them overcome some very common issues like human error, a slow turnaround time of test results, and a lack of needed chemicals, etc. These really small issues can badly affect Return on Investment (ROI) and patient satisfaction.
Many Electronic Medical Records (EMR) software and Practice Management (PM) software solutions incorporate Medical Lab software within their systems to ensure the smooth flow of information between labs, patients, and medical practices. These systems work as the main data storage for lab results and inventory reports.
Medical Lab EMR software assists medical practices, clinics, and independent labs to handle the daily operations of the laboratories. These software systems decrease the workload of the staff significantly by providing inventory management skills for chemicals, lab instruments, and equipment, securely transferring data to and from other EMR software, and reducing errors in test results.
Medical Lab Electronic Health Records (EHR) software can also be incorporated with billing and patient portal web and mobile applications.
When looking for EMR/EHR software, one must learn about the different features and functionalities of the software. There are some key features that experts at EMRFinder advise that you should look for before choosing a Medical Lab EMR, which are as follows:
Medical Lab software should have data-searching capabilities. This saves a lot of time when searching for patient test results and checking the availability of certain items including test tubes, chemicals, syringes, etc.
Medical Lab EMR Software should have data storing capabilities. This securely stores data related to all aspects of the medical lab, eliminating the need for physical filing systems and reducing the chance of losing test reports.
Data interface exchange works as a central database for storing data. It provides instant transfer of data to and from other EMR software solutions used by different medical experts.
The top Medical Lab EHR software must offer inventory management. It enables the lab staff to monitor and manage the quantity and availability of various lab items. It also tracks their locations and keeps a record of their expiry dates.
The best Medical lab EMR software should be able to integrate with purchasing systems to track and process purchase orders through a single central interface. This feature works in collaboration with the Order Management Tools which ensure smooth tracking of your orders.
| Electronic medical records |
Electronic health records software (EHR) is software that assists in developing and storing patient medical records digitally. This unique system assists physicians in tracking patient histories, notes, medications, and demographics. The most popular features of EMR software include e-prescribing, E&M coding advice, and SOAP notes. Quality Electronic Health Records Software (EHR) also offers lab integration, voice recognition, tablet support, and device integration. |
| Medical billing |
Medical billing modules or Medical Billing software manage the development of patient statements and submission of insurance claims. Key functions of such systems include claim scrubbing, e-claim submission, coding, payment posting, eligibility inquiry, and reporting. |
| Patient scheduling |
This module is designed to automate the entire process of scheduling patient appointments. Core features of a good patient scheduling module may include sending reminders through phone, text message, and email, automated follow–ups, and multi–location support. Such modules are usually offered along with a billing module in a practice management software suite. |
| Radiology information systems |
A radio information system (RIS) is one that manages the workflow and operations of radiology imaging centers or large medical practices having radiology imaging departments. Such EHR Software or modules automate the entire process of storing, operating, and distributing patient medical images and related data. |
| Picture archiving and communications systems |
PACS is designed to manage, store and retrieve DICOM images. Such systems are often used in combination with a RIS (Radio Information System) to perform the radiology workflow proficiently. |
| Medical accounting |
The term Medical accounting refers to a system designed to automate accounting processes for medical practices. Major functions of such systems include general ledger, A/P, A/R, and financial reporting. |
What you need to know about an EMR Software
Today over 600 companies provide EHR/EMR and Practice Management Software and with this growing competition selecting the right electronic medical records software or practice management software is always a very difficult choice. EMRFinder understands your problem and provides a complete and comprehensive catalog of specialty-specific potential EMR Software, perfect for your practice needs. There are many things to be considered when using or switching your current Electronic Health Records Software (EHR Software). This buyer’s guide covers every necessary aspect to consider before making a final decision.
The term EMR Software or EHR Software (Electronic Health Records) is basically used for the electronic documentation and maintenance of medical records for patients via computer or a mobile device. EHR Software essentially improves the efficiency of practice by helping in making more accurate documentation of the encounters resulting in improved profitability. Its usability has been recognized and it became a part of the Health Information Technology for Economic and Clinical Health Act (HITECH) in 2004.
EMR Software Benefits
Besides financial profitability, practices have seen the following benefits of using EHR/EMR Software:
- Improved practice efficiency
- Streamlined administrative tasks
- Improved profitability and revenue cycle (Medical Billing Services)
- Improved Patient Engagement (via Patient Portal)
- Decreased stationary costs
- Improved collections due to more organized claims
- Automated alerts and reminders help patients return to the office when necessary and notify the practice about any potential risk
- Enhanced Security and Safety (Cloud Storage & Back-ups) – Cloud-based EMR Software
EMR Software by Specialty
Specialty-specific software enables physicians and other medical professionals to store detailed clinical information, such as demographics, medical history, social history, lab reports, etc.
Specialty-specific EMR Software or EHR Software must be fairly customizable to the unique style and documentation requirements since all medical practices have a specific need based on the background and medical specialty. For example, Pain Management or Dermatology specific EMR software should include the ability to store before/after photos and annotate on images. Similarly, specialties like Pediatrics, Oncology, Podiatry, Ophthalmology, Neurology, Nephrology, Dialysis Centers, Rheumatology, and Chiropractic Care require their unique set of features to simplify adoption.
EMR Software by Practice Size
Because of the massive adaptability requirement, every EMR Software is not suitable for any practice. EMR Software designed for hospitals or multi-provider clinics does not necessarily support a solo or a small practice. So what are the factors that will make an EHR Software vendor viable for your medical practice?
From solo to large providers and multi-specialty clinics, every practice has its unique set of challenges that must be addressed by the Electronic Medical Records (EMR) software vendor some of which are listed below.
Small or Solo Provider Practices
Small or solo practices with small office space and a limited number of staff members are generally short on the budget compared to larger practices. Due to these constraints, many providers simply prefer cloud-based EMR software and employ Free EMR Software or choose an affordable EHR Software vendor with a low fixed monthly fee.
Medium-Sized Practices
Often belonging to the same medical specialty, the medium-sized practices require unique features such as interoperability, dedicated customer support, multi-device support as well as extensive reporting functionality to keep an eye on the overall performance of the practice, as their budget is also comparatively larger.
Large practices
Larger medical practices usually offer medical services that fall under various medical specialties (e.g. Orthopedics, Pain Management, Surgery, Chiropractic Medicine, Family Medicine, etc.). Comprising fifteen to twenty medical providers, these practices often require support for multiple users to access the systems simultaneously. Scheduling software and a scalable solution to accommodate multiple locations, providers, and resources such as Dialysis Chairs, procedure room allocation, etc. are also the requirements of larger practices.
Hospitals or enterprise organizations
Hospitals or enterprise organizations have the most elaborate list of requirements, which are usually documented in the form of an RFI or RFP to assess and shortlist vendors that can meet them.
Hospitals or enterprises are often the target market of EMR software companies such as Athenahealth, McKesson, Epic, Cerner, eClinicalWorks, Allscripts, NextGen, drChrono, and Meditech, etc. and they usually provide ideal EHR software solutions for larger corporations such as ACOs, PCMH, IPAs, CINs (Clinically Integrated Networks), and Public Health Departments, etc. These EMR software companies usually offer features like integration with multiple other software and medical devices, inventory management modules, interface with local labs (LIS), machines and diagnostic equipment along with drug dispensing (pharmacy management software), electronic medication administration record (EMAR), etc.
Market Trends to Be Aware Of
The EHR industry, like everything else, goes through constant changes all the time. Whether it’s new innovations or updates in technology or changes in legalities, the EMR industry is always changing. Following is a list of such changes that you should keep track of.
Cloud-Based Services
A recent study shows that only 25% of physicians have shown interest in web-based EHR software systems and only 50% have adopted it as an initial model that will ultimately transition to cloud-based software. The cloud-based EMR software cuts down the costs of having and maintaining all the hardware and client servers. It can be hosted on any device which has a web browser. That is why healthcare software vendors are switching to cloud-based EHR software.
In 2025, the demand for EMR software solutions for healthcare practices has continued to rise, with market growth estimated at around 6-7% year-over-year as healthcare providers increasingly prioritize digital transformation and interoperability. This increase is largely driven by the adoption of advanced technologies like AI and cloud computing within these systems, which enhance clinical workflows and patient care. Epic Systems has expanded its dominance, now capturing over 35% of the market, particularly among large multispecialty organizations. Meanwhile, Oracle Health (formerly Cerner) has faced challenges, especially in retaining smaller hospitals, contributing to a slight decline in its market share. Together, major players like Epic, Oracle Health, Meditech and Allscripts account for a significant portion of the EHR market, reflecting the ongoing evolution and consolidation within the industry.
Widespread Interoperability
Electronic Medical Records don’t offer patients the ability to access their own records across multiple healthcare organizations due to the lack of data-sharing standards set between different practices. This causes significant problems for patients who receive care from multiple different centers. The issue also makes the diagnosis of patients harder for physicians and healthcare providers. Due to this, EMR/EHR providers are updating their software to include interoperability and integration features to allow data to be shared between these different organizations.
