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2010: Time for practices to prepare for the $44,000 Medicare EHR incentive
Regulations defining "meaningful use" and certification standards for electronic health records (EHR) are expected from the federal government soon. The American Recovery and Reinvestment Act Medicare and Medicaid incentives for physicians, hospitals and others to adopt EHRs begin in 2011. Eligible "meaningful users" of an EHR can be reimbursed for up to $44,000 for adopting a "certified" system under the Medicare incentive program and up to $63,750 under the Medicaid program. Penalties for those who are not meaningful EHR users will begin in 2015.
Just buying an EHR will not qualify you for the stimulus money. Besides, if you purchase the wrong EHR, it could affect your practice’s productivity and actually costs you more in lost revenue and operating costs than the amount of stimulus money you receive. Your EHR also needs to be effectively integrated with your “Practice Management System” so that you do not disrupt your payments from the insurance company.
Please give us a call, 866-935-1946, so that we can discuss how you can receive the “Free Analysis” from MEDBIZONICS, and how you can qualify to receive a state of the art, CCHIT certified, Free EHR” from MEDBIZONICS; and you get to keep the stimulus money.
