HITECH
ACT INCENTIVES
The American
Recovery and
Reinvestment Act, often called the stimulus plan, was passed in
February 2009. Part of this act is titled the HITECH Act and is totally
dedicated to funneling 19.2 Billion Dollars into the health care
industry. The bulk of this money is for direct payments to physician
practices for the "acquisition and effective use of certified
electronic health record systems".
This payment
starts at $44,000 for
each physician
in the practice for early adopters but decreases over
time. In a carrot and stick approach, incentives
will be followed by penalties for those who fail to get and
use these systems.
Every vendor of
EHR systems is now
out with marketing plans to help you, but we caution that not all of
the systems
will qualify. We believe that the answer to your success
involves more than just getting the incentive dollars, it is
more important to get the right system.
RMW with its independence, its position with
public/private industry partnerships and its experience in selecting
and implementing EHR's is available to help you sort through
the conflicting claims. We will help you find the right answer for your
practice.
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