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In our conversations with physicians all over the country about EMR, most are only implementing it because they must, and are choosing sooner rather than later because of the potential for a large check from Medicare or Medicaid.
While you don’t have to understand all the math in order to receive a check, you do have to keep accurate records of your EMR use and then attest to your usage through the Centers for Medicare and Medicaid web site.
Software like PrognoCIS EMR will track and remind you when you are meeting meaningful use, and even show you graphically your progress toward satisfying the necessary criteria. But, we are often asked, “will we really see any money?”
The answer, amazingly, is yes. Physicians who implemented PrognoCIS last year have already received checks in the range of $15,000-$18,000. And more are getting paid as 2012 progresses.
Is it too late to start? Not yet. But by the end of 2012, you will be way behind in the amount of money you will ultimately be able to receive. If you have not met Stage 1 meaningful use criteria by then, it may be too late.
Concerned about receiving your money? Better get started now. EMR companies are feeling the crush of physicians wanting to implement before October 1, which is the last day to begin your 90 day attestation for meaningful use Stage 1, and the opportunity to receive the maximum allowable reimbursements.