Not meeting deadline of emr

If the deadline of the emr is not met, than penalties ensue: No EMR /EHR Implementation Has a Price For physicians who either have not adopted certified EHR / EMR systems or cannot demonstrate “meaningful use” by 2015, Medicare reimbursements will be reduced by 1%. The deduction rate increases in subsequent years by 2% in 2016, 3% in 2017, 4% in 2018, and up to 95% depending on future adjustments. This works out to: According to EMRandHipaa.com, an average AAFP user is reimbursed 20% by Medicare. This means that overall, a private practice with $500,000 of annual income that fails to meet the electronic medical records mandate will lose $1000 in payments in 2015, $2000 in 2016, and so on. and you can't wait until the last minute because: Since each physician’s digital medical records needs and requirements are different, the lead-time for a certified EMR software provider to plan, install, and implement a system is around 2-4 months. There is also 6-8 months of training so each physician in a practice qualifies as a “meaningful EHR user.” This does not include the time it takes to select an EMR software provider that is effective and efficient for the physician.