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EHR Incentive Calculator - Ambulatory

EHR Incentive Calculator - Ambulatory
  • #: 19077
  • Price: $4.99 In Apple Store
  • Category: Medical
  • Updated: 2009-08-20
  • Current Version: 1.1.3
  • 1.1.3
  • Size: 0.10 MB
  • Language: English
  • Seller: Trinity Web Solutions
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.0 or later
  • © 2009 Trinity Web Solutions
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Description

The EHR Incentive Calculator quickly and easily calculates the stimulus incentive you can expect to receive from the U.S. Government under the American Recovery and Reinvestment Act of 2009 (ARRA). Qualified health care providers* will receive up to $44, 000 in stimulus incentives by demonstrating “meaningful utilization”* of Electronic Health Records (EHR).

+ Get an accurate financial calculation of EHR stimulus reimbursement.

+ Demystify the provisions of the incentives in the stimulus legislation.

+ Plan your EMR/EHR implementation with confidence.

+ Calculate expected penalty for non-adoption of an EHR/EMR system.

+ Tailor a compensation schedule showing that 70% of the payout is in the first 2 years.

ARRA HITECH Act:

The ARRA mandates that healthcare providers who adopt and use certified electronic health records will be eligible for up to $44, 000 in Medicare bonus payments (per provider). The funding is front loaded in that nearly 70% of the payout will be distributed within the first 2 years. Doctors, however, that wait too long to go paperless will see lower bonuses and eventually suffer penalties to their professional service fee reimbursements.

The funding is not a loan or a grant. It is a direct incentive for adoption and utilization of EHR technology. The Congressional Budget office (CBO) estimates that by providing $36 billion in direct payments to qualified healthcare providers for Electronic Health Records, EHR/EMR utilization will exceed 90% over the next 10 years.

* Under the CMS Medicaid program, nurse practitioners and nurse mid-wives can file for incentive payments. Additionally, Physician Assistants (PAs) are included but only insofar as the PA is practicing in a rural health clinic that is led by that PA or is practicing in a federally qualified health center that is so led.

• Medical Assistants and Physical Therapists are not included.

• Mid-levels are not included in the CMS Medicare portion of the incentives.

* Meaningful utilization is the pre-requisite for EHR stimulus incentives. To be eligible, the EHR must be a certified product, connected, and comply with submission of reports and clinical quality measures.

* The figures in this calculator are an estimate. The actual amount may vary and depends on actual Medicare fee reimbursements for the period before initial distribution of funds.

What's New in Version 1.1.3

A patch to correctly display the calculated loss of reimbursement funds when integration is performed at a late date (2016.)

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Rated 0/5 based on 1 customer reviews.

 

0/5 stars

Don't buy this app!!!!

:
This is a total waste of money! It is common knowlege thate a doctor get a total of 44k over 5 years through ARRA.... That is all it tells you, there is no detail at all. The screen shot is all the app is. DON'T BUY IT!!!!

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The information may be outdated (2011-03-27 22:23:05). For actual information go to iTunes

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