Medisoft and ARRA Incentives

The 2009 American Recovery and Reinvestment Act provides for important incentives that could change the face of health care provision as we know it – and earn your practice a hefty bonus over the course of five years. In order to take advantage of the Meaningful Use incentives (and the later Electronic Prescription Incentives), you need to be using a certified EMR, such as Medisoft Clinical. Medisoft, which has been one of the most trusted names in medical billing for years, now offers a complete EMR integrated with its award-winning medical billing software. If you’re interested in taking part in the incentive programs offered by the U.S. government, you’ll need the record-keeping and reporting capabilities included in Medisoft.

What Are Meaningful Use Incentives About?

The federal government wants to increase the use of electronic patient records and electronic billings which can reduce the costs associated with health care and improve patient outcomes in a number of ways. Accurate and complete electronic patient records can help doctors compile standards of care by showing which processes and procedures provide the best results. In addition, an EMR system makes it easier for medical professionals to access a patient’s medical history, including previous test results. This saves money by cutting down on duplication of services and prescription of unneeded tests and diagnostic procedures.

How Successful Are Meaningful Use Incentives?

In 2008, before the incentives were instituted, only about 20% of individual physicians reported that they were using any type of electronic patient records or EMR system, and many of them worked in large multi-physician practices. A 2012 survey showed that percentage has risen to more than 60% of physicians who report making substantial use of electronic patient records in their practices.

What’s In It for the Doctor?

There is intrinsic value in adopting a McKesson Medisoft EMR suite – a more efficient office, access to diagnostic databases, automatic error checking for third-party billing, pop-up warnings for medication and prescription allergies or interactions are just a few of those. In addition to those, though, medical providers that work with Medicare or Medicaid patients also have the opportunity to receive up to a total of $43,000 in incentive payments over the course of the five-year phase-in of electronic patient records.

Why Choose Medisoft?

More than 125,000 physician’s offices are using Medisoft Clinical or another Medisoft EMR product. For decades, McKesson has been one of the most trusted names in the medical and pharmacological record-keeping and billing products. The company provides products that are customizable enough to be completely responsive to the needs of the medical providers. Medisoft Clinical includes all of the reports that are required of providers participating in Meaningful Use incentives, making it considerably easier to participate.

Medisoft products are available through a network of certified resellers. Learn more about how Medisoft EMR can help your office step into the future today.