Physicians and The Stimulus Package

The American Recovery and Reinvestment Act set aside $19 billion dollars to spark the adoption of health IT. How does this affect physicians?

 
 

ARRA

What is ARRA?

ARRA stands for the American Recovery and Reinvestment Act of 2009. Also commonly referred to as the “stimulus plan,” ARRA was signed into law by President Obama on February 17, 2009. The Act plans to invest $59 billion in health care initiatives, including $19 billion in healthcare information technology (HITECH).

What does ARRA mean to you?

Under the HITECH provisions in ARRA, physicians and medical practices can qualify for $44,000 or more in incentives if they can demonstrate “meaningful use” of an electronic health record by 2011. Practices that do not implement an EHR by 2015 will be penalized with Medicare reimbursement cuts.

What has President Obama said about ARRA?

President Obama had this to say about his administration’s plan to invest in healthcare information technology:

"When everything is digitalized, all your records - your privacy is protected, but all your records on a digital form - that reduces medical errors. It means that nurses don't have to read the scrawl of doctors when they are trying to figure out what treatments to apply. That saves lives; that saves money; and it will still ensure privacy."

ARRA Policy Information:

Read the full text of the American Recovery and Reinvestment Act, Visit Recovery.gov,Follow the conversation about ARRA on Twitter


Practice Fusion's free EHR is ONC-ATCB 2011/2012 compliant and has been certified as a Complete EHR by Drummond Group, an ONC-ATCB approved to certify any complete or modular EHR both ambulatory and inpatient, in accordance with the applicable certification criteria adopted by the Secretary of Health and Human Services. This certification does not represent an endorsement by the Department of Health and Human Services or guarantee the receipt of incentive payments. Practice Fusion version 2.0 was Stage 1 certified on June 2, 2011. The ONC certification ID number is 06022011-9528-6. Clinical Quality Measures tested: NQF0013, NQF0024, NQF0028, NQF0038, NQF0041, NQF0055, NQF0056, NQF0061, NQF0421. Additional software used: Surescripts, RxHub, Email.