Final answer:
According to the IOM, the software element of an EHR is a key component. An EHR consists of computer programs and applications that store and manage patient data.
Step-by-step explanation:
Software is the correct answer according to the IOM. An Electronic Health Record (EHR) consists of both software and hardware components. The software element of an EHR refers to the computer programs and applications that facilitate the storage, organization, and retrieval of patient data. It includes features such as patient demographics, medical history, laboratory results, and more.
Compared to paper records, electronic health records contain more information about the patient and their care. Most EHRs contain the following information: Patient's demographic, billing, and insurance information. Physical history and physicians orders.
An EMR system comprises five components: data capture, information management, decision support systems, order entry systems, and reporting mechanisms. These components are essential for providing providers with timely and accurate patient information to inform treatment decisions.