Electronic Health Records

The New EHR Stimulus Bill is a golden opportunity in the form of incentives. Physician 1 can assist you with the process of adopting a qualifying system of Electronic Medical Records. It’s critical to find the right system for your practice which also meets the incentive requirements. We provide recommendations and implementation assistance as well as overall office evaluation. Remember that the stimulus bill includes not just incentives for EHR system adoption, but also includes penalties. Starting in 2015, healthcare providers which have not adopted a qualifying EHR system will face cuts in their normal Medicare reimbursements.

The Penalties for Waiting

• 2015 - 1% reduction in Medicare reimbursements
• 2016 - 2% reduction in Medicare reimbursements
• 2017 and each subsequent year - 3% reduction in Medicare reimbursements

The Benefits of Adopting EHR Now

Physicians and physician groups can expect to receive up to $44,000 during the 5-year incentive period, including $18,000 the first year, if they have qualifying EHR systems in place by 2011.