News Latest Physicians Offered Incentives for Health IT Implementation through New Medicare Pilot Project 
Physicians Offered Incentives for Health IT Implementation through New Medicare Pilot Project |
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With National Health IT Week underway, receiving support from many Congressional lawmakers including Senator Kennedy and Congressman Murphy, an article from the Henry J. Kaiser Foundation was released highlighting the CMS launch of a $150 million Medicare pilot program which encourages the use of electronic health records. The new program, which HHS Secretary Mike Leavitt commented on last Tuesday and which is also part of an executive order issued by President Bush in 2004 to provide EHR access to most U.S. residents by the year 2014, will be implemented in 12 cities and states over the next year and is intended to help nearly 1,200 small physician practices. Through Medicare payments physicians will be encouraged not only to implement the new system, but also to track their own quality of care while in return monetary incentives will increase throughout the course of the program's five-year length. The projected savings through utilization of the EHR system is expected to make this a "budget neutral" plan. |
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