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WHY MSA?SUCCESS STORIES REQUEST A DEMO CDHIPAA ISSUES

 Stimulus Package and EMR  


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The Stimulus Program & Your EMR

The benefits of converting your practice to an Electronic Medical Record system are numerous, and provide cost savings to all practices that adopt one. But what if you could get a huge discount on your system, or even get it free? Now, thanks to the American Recovery and Reinvestment Act of 2009 (ARRA, or also known as The Stimulus Package), you can!

According to the bill's Medicare Provision, "Physicians who implement a certified (CCHIT) solution and become meaningful users between 2010 and 2012 will be eligible for up to $44,000 each in incentive payments. Physicians who wait to become meaningful users until between 2012 and 2014 will receive smaller incentives. Physicians who have not become meaningful users by 2015 will not qualify for any payments, and will be subject to increasing penalties. Incentives are based the lesser of either 75% of the provider's Medicare Part B billings or the maximum allowable incentive.
"

The adoption incentive chart looks like this:

The Bill's Medicaid Provision is:

"Beginning in 2011, office-based physicians who qualify under the Medicaid provision could collect a sum total of $64,750 calculated as 85% of annual costs not exceeding $10,000 over the next five years. To be eligible under this provision, office-based physicians must demonstrate "meaningful use" of a certified EHR, and more than 30% of their cases must be attributable to Medicaid or 20% of their cases attributed to pediatrics. Office-based pediatricians are eligible to receive up to two thirds of their maximum payment."


Payment Reduction

Office-based physicians who do not adopt EHR (EMR) technology by 2015 have their Medicare payments reduced by the following:

  • 1% in 2015
  • 2% in 2016
  • 3% in 2017 and beyond

In 2018 and beyond, the HHS Secretary may decrease one additional percent per year (to a maximum of 5%) contingent upon the levels of overall EHR adoption in the market.

This bill features several Important Early Adoption Incentives which make adopting as soon as possible the best possible financial option. Your practice likely qualifies!

Contact us here to see how you can benefit from the US Government Stimulus Package and get your EMR for a massive discount.

Click here to get a free Demo CD by mail.

Electronic Medical Record | Medical EMR
Medical Practice Software | EMR Software
Appointment Scheduling Software | EMR System
Healthcare EMR | Electronic Patient Records
Electronic Medical Software | Patient Medical Records
Consultant EMR Software | Electronic Medical Billing
Medical Practice Management | Physician Management Software
Practice Management Software | Features Part II  | Fact Sheet
Medical Scheduling Software | Electronic Health Records
Family Medicine Charting | EMR Features  
Medical Office Scheduling | EMR Benefits
Medical EMR Software | Medical Records Management
Pediatric EMR | Pediatric Software | Medical Billing
Practice Management Systems | Medical Record Software
Computerized Medical Records | Patient Record Software
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What's New

Electronic Medical Records
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Outsourcing your billing saves time, personnel and costs. Read more here.

Medical Software Features
Our comprehensive practice management software system feature guide.