Adopting Electronic Health Records – What’s the Incentive? Well, Money, of course.
Solo and small-practice physicians and dentists have had the lowest rate of the adoption of Electronic Health Records (EHRs), in which over 50% of physicians who had not adopted an EHR cited financial difficulties as the main reason for not participating in the nation-wide push towards the goals set forth in the American Recovery and Reinvestment Act of 2009 (ARRA of 2009). Understanding the difficulties for small practices to invest in new technology and to adhere to new standards, the Federal Government set aside billions of dollars to award to physicians and dentists to help them achieve the goal of “interoperability”; which can only be reached if all health care professionals are using certified EHR systems.
The EHR Incentive Program is grant-like funding available to help off-set the cost of acquiring a certified EHR. Well over 1.3 billion dollars has already been distributed to physicians, dentists and other eligible professionals that chose to participate in the EHR Incentive Program. Each eligible professional that qualifies and applies for funding through the program receives $21,250 for their first year, and can receive up to $63,750 over the course of the 6-year program.
The goal of the EHR Incentive Program is to provide the financial means, especially for small practices, to meet the national goal of interoperability through the use of certified EHRs. Not only is a significant financial benefit offered for qualifying professionals, but EHRs themselves are designed to protect and expand the bottom line. EHRs are specifically designed to save you money and time- which is also money- and to encourage patient health with comprehensive digital records, prevention, drug interaction warnings, appointment reminders via text and e-mail as well as numerous additional benefits of advancing technologies embedded into EHRs.
Don’t miss your opportunity to get paid to save money and join the new age of health care. Let EHR Funding see if you qualify for Incentive Funding at no cost. If you qualify, we can help you file with your state and receive $21,250 per qualified and eligible professional. Call (888) 893-4495, or visit http://ehrfunding.com/prequalification-form/ for additional information.