It may be only June, but October should be on the minds of healthcare partners looking to maximize the benefits for the Medicare EHR Incentive Program.
October 3 represents the last day for eligible providers to begin their 90-day reporting period for calendar year 2012 for the program. For those who are still unsure about the requirements and training involved with the program, EHR vendor MTBC announced today that it can help get providers up to speed with the “October Project.”
According to virtual-strategy.com, this project, which starts on June 10, 2012 with a live webinar, online advertising, and an email campaign is meant to both inform providers on how to prepare for the October deadline. and promote their EHR training and implementation offering, MTBC PracticePro.
“Frankly, we were really surprised at the number of providers who aren’t informed about the deadline,” Stephen Snyder, President of MTBC said. “What PracticePro can give customers is the inertia required to move forward with the incentive program.”
PracticePro includes MTBC’s EHR system, EHR 5.0, and a host of other services such as revenue management and Web and mobile patient appointment scheduling. What many providers may find particularly appealing, though, is the “meaningful use coaching team” that works with the providers one-on-one to educate them on the EHR Incentive Program. From creating an EHR roadmap, to training and implementation, this team’s goal is to ensure you’re hitting all of your checkpoints for meaningful use.
If you’re a provider who’s looking to earn the full $44,000 from Medicare as part of the incentive program, PracticePro could be the boost you need to be ready for October. But keep in mind that it comes at the cost of 5% of your total collections. (MTBC’s standalone EHR system is also available for $295 per month per provider.)
Losing 5% of collections is a bigger deal to some than others. Because PracticePro training is provided remotely as a one-size-fits-all approach and the offering could work for a one-doctor practice or a 140-doctor practice. Using this program would make sense for a mid-size to large provider where the 5% fee isn’t an issue. But as a smaller healthcare provider, you’ll have to weigh the benefit of the training and EHR system that MTBC offers against the revenue loss.