January 2010
In this issue...
 
Electronic Medical Records - Prescription for Success?
Stimulus Funds for Healthcare Technology Q&A
7 Things to Expect From
Your IT Partner
   

 

Quote of the Month


One resolution I have made, and try always to keep, is this: To rise above the little things.

~John Burroughs
 

Cartoon of the Month

 


 
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Electronic Medical Records - Prescription for Success?
Scott Jordan, Founder & CTO

This month’s focus is on healthcare and the challenges that are presented with the national push to implement Electronic Medical Records (EMR), also known as Electronic Health Records (EHR). Practices are being strongly incented to move toward adoption of EMR in their practices, and reimbursement rates will soon be impacted for those that do not comply.

The current rate of adoption of EMR nationally is only around 4%. The federal government set aside stimulus funds to drive this figure up by offering payments to providers to offset some of the cost of purchase and implementation. Software vendors, recognizing a golden opportunity, are aggressively marketing and selling their products. Perhaps it is a good time for your practice to consider moving to EMR or replacing an existing product? But how do you choose the best product for your needs among the hype and noise?

As one of the largest technology investments made in most practices, and one that has the most direct impact on patient care, the implementation of EMR (Electronic Medical Records) is a daunting prospect. EMR has great potential to improve the efficiency and profitability of your practice and improve the patient experience at the same time. However, everyone has heard the stories of failed implementations and thousands of dollars wasted on solutions that do not work as claimed. This is often the result of a failure in the selection process to uncover areas where the workflow of the practice and the operation of the software do not mesh.

The proper selection and implementation of an EMR application is something that you simply cannot afford to get wrong. DELTEC Information Solutions is an independent consulting group that helps medical practices to assess their needs, develop requirements, and select the best technology solutions for their practices. We do not represent a particular software company, so our guidance is un-biased, straightforward, and honest. We are here to work with you toward your success.


Stimulus Funds for Healthcare Technology Q&A

If you are in the healthcare field, you probably have heard about the stimulus funds set aside for healthcare IT. There are significant incentives available for practices to implement or upgrade their Electronic Medical Records (EMR) or Electronic Health Records (EHR) systems. As with any government program, the trick is in understanding the details. This article will attempt to answer some of the common questions DELTEC receives regarding the funding.

On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009, otherwise known as H.R. 1 or the ARRA. The Act aims to stimulate the economy through investments in infrastructure, unemployment benefits, transportation, education and healthcare. It includes more than $20 billion to aid the development of a robust IT infrastructure for healthcare and to assist providers and other entities in adopting and using healthcare IT.

Q: Where can I find the full text of the American Recovery and Reinvestment Act?
A: The full text of the new law can be found at www.recovery.gov.

Q: How much is being spent on HIT and where is the funding going?

$17.2 billion in incentives through the Medicare and Medicaid reimbursement systems to assist providers in adopting EHRs.

Read on


7 Things to Expect from Your IT Partner
By Jeff Wuorio
Reprinted with permission from the Microsoft Small Business Center

Hand Shake on Return KeyYour information-technology partner business should be just that — a partner in every sense of the word.  On the surface, that may sound a little warm and fuzzy, and possibly a bit optimistic.

Some IT consultants may focus on fulfilling your basic needs. They provide you technology advice and supply whatever tangible products and service are necessary to facilitate your needs.

But what you should reasonably expect from an IT "partner" goes well beyond that. They should take a vested interest in your business, providing the benefits and guidance that are central to your company's growth and success.

Here are seven things to expect from your IT partner:

1. Technical expertise — and strong communication skills. Of course, an IT partner should be well-versed in the ins and outs of technology. But that sort of knowledge can be of little more than academic value if your partner doesn't have first-hand knowledge of how it applies to your business. "He should be first and foremost a businessperson who utilizes technology in a cost-effective manner to solve business problems," says Michael Crowe, director of the technology consulting and solutions group at Chicago-based Plante & Moran. "He can bridge the technology and communications gap that often exists between IT and a CEO's office."

2. An awareness of your budget — and resources. IT partners are proving increasingly essential to a broad range of small to medium-sized businesses.

Read On

 
 
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