D.C.s and the up to $44,000 Government Incentive

At Future Health, we don’t think any doctor should buy practice software simply to take advantage of the government’s up to $44,000 incentive.

But if you’re already considering practice software, this is icing on the cake.

For a limited time, D.C.s are eligible to receive incentive money from the government by implementing a certified EHR (Electronic Health Record) system within their practice.

D.C.s are eligible for up to $44,000 in cash incentives over five years.

These incentives are part of the American Recovery and Reinvestment Act (ARRA) of 2009 … specifically the HITECH Act portion of ARRA.

Here’s how the payments break out -

The amount you'll receive is based on your Medicare-allowed charges submitted over the payment year or payment timeframe.

You'll receive 75% of your eligible Medicare-allowed charges, up to the maximum limit for a certain payment year.

So, for example, if you have a certified EHR and meet meaningful use requirements in 2011 - and 75% of your annual Medicare allowed charges submitted total at least $24,000 - you'll receive the full $18,000 allotted in 2011.

75% of $24,000 in Medicare allowed charges = $18,000 in incentives

Or, if you had $10,000 in annual allowed charges submitted to Medicare, then you would still receive 75% of that - $7,500 - in 2011.

The amount you're eligible to receive drops each year, and ultimately doctors not using EHR will start being penalized in 2015 through lower Medicare reimbursements. (see chart above)

So it makes sense to act on this quickly.

But make sure you choose software guaranteed to meet the government's certification requirements.

Future Health eConnect and CVOS Certified as Complete EHR
That means if you have the EHR/ARRA Certification App, you won’t have to purchase additional software or piece together your own completely certified product necessary to qualify.

Sign up for a Future Health eConnect demo now and reserve your copy of eConnect software.

Installation and training are on a first come, first served basis.