Navigation Links
Stimulus Package Boosts Medical Document Scanning
Date:3/6/2009

$19 billion of incentives in the Stimulus Bil provide big boost for the conversion to electronic medical records. Funds in the bill include grants to physicians for medical document scanning and document management systems.

Lakewood, CO (PRWEB) March 6, 2009 -- President Obama has given doctors a $19 billion incentive to convert their paper records to digital files. Medical record scanning was marked as a high priority initiative in the $800 billion stimulus package that passed last month.

"The president is clearly sending a message to medical practices and hospitals that it is time to convert their paper files to Electronic Medical Records (EMR)," says Steve Hastert, president of Record Nations. Record Nations helps medical offices scan their records. "It is a priority for President Obama because it will help healthcare providers and insurance companies easily share information about patients."

The benefit of EMRs is reduced overhead in the healthcare system and a reduction in misdiagnoses. With $600 billion in medical spending the federal government would be the biggest beneficiary of increased efficiencies.

While many leading hospitals have already scanned documents into a digital format, thousands of smaller doctors' offices have not made the switch. Most cite the fact that scanning medical files is a significant expense and the cost is difficult to pass on to patients.

"The government will be providing grants to individual practices to help offset the cost," says Hastert. "As news of these grants spreads, we are seeing a dramatic increase in the requests for scanning service."

The incentives in the plan include $2 billion in grants to individual physicians in the amount of $44,000 to $64,000. This can be used for document scanning and electronic document management systems. Hospitals can qualify for up to $11 million in incentives. The remaining $17 billion is for Medicaid and Medicare payment increases to offices using the system.

The law also establishes penalties for practices that choose not to employ e-health records. In 2014 there will be decreased Medicaid and Medicare reimbursements for practices that have not implemented EMRs.

"Over the next few years you are going to see more and more doctors typing on the computer instead of writing on a chart," predicted Hastert.

###

Read the full story at http://www.prweb.com/releases/2009/03/prweb2208124.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved  

Related medicine news :

1. iVolution Medical Systems to Assist Healthcare Providers With Compliance of President Obamas Stimulus Plan
2. National, State Long Term Care Leaders Express Concern That FY 2010 Medicare Cuts Undermine, Contradict Intent of Economic Stimulus Law
3. Moose Launch Organizations Own Economic Stimulus Plan
4. Update on Landmark Study on Single-Payer as Economic Stimulus
5. FactCheck.org Gets It Wrong on Stimulus Package
6. Lumension Unveils Security Stimulus Package to Help Organizations Boost Their Security Posture
7. The Quantum Group Compliments Congress and President Obama on Signing of Stimulus Bill into Law
8. Allscripts Applauds Economic Stimulus Incentives Rewarding Physicians for Using Electronic Health Records
9. Greenway Medical Technologies Assists Capitol Hill With Shaping of The Presidents Stimulus Package
10. HIMSS Electronic Health Record Association Supports Economic Stimulus Package as Key to Healthcare Transformation
11. National Pharmaceutical Council on Economic Stimulus Package: Comparative Effectiveness Research Funding Should Target Improvements in Quality of Patient Care
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Stimulus Package Boosts Medical Document Scanning
(Date:10/13/2017)... ... October 13, 2017 , ... Dickinson Insurance and Financial ... financial preparation services, is providing an update on a charitable event that began ... Rescue is a locally recognized nonprofit that provides shelter and care for animals ...
(Date:10/13/2017)... ... October 13, 2017 , ... The American Board of Family Medicine's (ABFM) Board ... Chief Executive Officer, succeeding Dr. James C. Puffer upon his retirement. Dr. Newton will ... Dr. Puffer’s retirement at the end of 2018. Upon assuming the role of President ...
(Date:10/13/2017)... ... October 13, 2017 , ... ... Hannah Randall, PharmD ‘17, and Jennifer Huggins, PharmD ’17, along with clinical ... the primary prevention of cardiovascular diseases during the 15th Annual Women’s Health ...
(Date:10/13/2017)... SAN LUIS OBISPO, Calif. (PRWEB) , ... October 13, 2017 , ... ... with Alzheimer’s or dementia. However, many long-term care insurance companies have a waiver for ... mean is the 90-day elimination period, when the family pays for care, is often ...
(Date:10/13/2017)... ... 2017 , ... Global Healthcare Management’s 4th Annual Kids Fun Run brought out ... free event, sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed at getting ... children of all ages; it is a non-competitive, non-timed event, which is all about ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)... , Oct. 2, 2017  Eli Lilly and ... financial results for the third quarter of 2017 on ... conference call on that day with the investment community ... The conference call will begin at 9 ... can access a live webcast of the conference call ...
(Date:9/28/2017)... 2017 Hill-Rom Holdings, Inc. (NYSE: HRC), will ... and webcast on Friday, November 3, 2017, beginning at ... at approximately 8:30 a.m. (CDT) / 9:30 a.m. (EDT). ... financial performance and guidance for 2018, Hill-Rom executives will ... operational performance, and long-range financial outlook through 2020. ...
(Date:9/25/2017)... --  Montrium , an industry leader in powerful ... Trial Master Files & Inspection Readiness Conference ( ... Services has selected eTMF Connect to ... a leading European contract research organization (CRO), will ... enable greater collaboration with sponsors, improve compliance and ...
Breaking Medicine Technology: